Apartment Building Updates This Month

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- Fueled by the Sunbelt Boom, renters in the South will benefit from an estimated 265,613 brand-new apartments before the end of December. Thats a whopping 52.5% of all new apartments set to open nationwide this year, highlighting the regions ...

2 weeks ago - Syracuse, N.Y. The developer of a proposed nine-story apartment building near Syracuse University is scaling the project back as costs rise. New plans filed by Gem Street Holdings LLC with the city show the building at 411 University Ave. ...

A closer look at Apartment Building Updates This Month
Apartment Building Updates This Month

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- In response to greater supply, rents have fallen by about $50 per month (3.5%) from their 2022 peak, according to a report released this week by Apartment List. Apartment vacancy is at a 15-year high of 6.3%, keeping a lid on rents, but that ...

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Apartment Building Updates This Month

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4 weeks ago - Chopt Creative Salad Co.; Hammer & Nails Grooming; and NAYA, a fast-casual Middle Eastern restaurant, have signed on as retail tenants. There are four more retail spaces in the building that have yet to be filled. The Blayr is just shy of 20% leased, and Federal Realty is offering one-to-two month rent bonuses for new tenants.

Illustration of Apartment Building Updates This Month
Apartment Building Updates This Month

- Hes laying the groundwork for a new apartment building with almost 300 units thatll break ground this fall.

- Under 19,000 apartments were under construction in the three months through September. Thats 30% fewer than three years earlier, according to CoStars count. Developers say they cant raise the money they need to build as many of their ...

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