Trailer-Park Sales Leave Residents With Single-Wides and Few Options [Long Island] In the middle of Long Island’s Gold Coast, where home prices easily reach $1 million, sits the Syosset Mobile Home Park, where a trailer can be had for under $50,000 and the monthly fee for taxes, water and sewage runs about $500. The children …
Category Archives: Commercial Properties
Will property tax relief help you?
Will property tax relief help you? The Legislature’s proposed changes to the way counties, cities and school districts levy property taxes could save you thousands of dollars per year. Or not. Some changes could mean dramatic savings for owners of businesses or second homes but do little for year-round homeowners. On the other hand, a …
The big empty drop-off [South Florida]
The big empty drop-off [South Florida] Retailers flounder as large stores abandon shopping centers Television merchant Stan King is feeling lonely these days. He stands in the parking lot of Park Plaza in Port Orange and looks out on hundreds of empty spaces in front of his store. It’s been like that, he said, ever …
Sides in $300 million land deal head to arbitration [South Florida]
Sides in $300 million land deal head to arbitration [South Florida] Palm Beach Aggregates’ $300 million deal to sell 1,210 acres west of the village to Lennar Homes could be in trouble. And one of the key individuals who made the deal possible – convicted former County Commissioner Tony Masilotti – might have to testify …
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Bradenton condo converter cuts prices [South Florida]
Bradenton condo converter cuts prices [South Florida] When Matt Kihnke paid $15.5 million for a Bradenton apartment complex in March 2005, the Chicago investor looked primed to become the architect of another condo conversion success story. That was before the real estate market went soft and became saturated with converted apartments. Kihnke’s property, a 272-unit …
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S. Florida apartment market remains tight
S. Florida apartment market remains tight South Florida apartment rental rate hikes may be slowing, though the market remains tighter than much of the country, according to a new report. The vacancy rates for South Florida apartments remain much lower than the national average, but there are signs monthly rent increases are starting to ease, …
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