kijiji auto

New York City Council approved a rezoning plan on Dec. 5, clearing the way for 82,000 new apartments and $5 billion in infrastructure and housing development over 15 years. It marks the largest zoning change since 1961. The City of Yes for Housing Opportunity plan passed by a 31-20 vote amid a citywide vacancy rate of 1.4%. The Regional Plan Association projects New York needs 473,000 additional housing units by 2032 to meet demand. Don't Miss: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things. Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today. Mayor Eric Adams launched the plan after data showed job growth outpacing housing development across New York for four decades. The zoning overhaul allows developers to build more units in districts where households earn 60% or below the Area Median Income, removes parking requirements in targeted neighborhoods and creates two high-density zones. Under the new rules, property owners can convert vacant offices into apartments more easily . Churches and campus properties receive expanded rights to construct buildings, while homeowners gain permission to add basement units and backyard cottages in designated areas. See Also: Unlock the hidden potential of commercial real estate — This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today! “It’s going to create a lot more opportunities and hopefully relieve some of the rental burden on tenants. It’s nice to see we’re shifting away from the NIMBY mentality and we’re fostering a pro-development sentiment in the marketplace,” Sean Kelly, partner at Ariel, told Forbes, which originally reported on the topic. Real estate values stand to climb under the new rules . Ariel said a Harlem development site could grow its buildable square footage by 20%. A Brooklyn property may see a 46% increase in floor area ratio, while an East New York location could expand development potential by 70%. Trending: CEO of Integris gathered a team of senior investment managers who have $34.22 billion in combined owned and managed assets in the West Coast — here’s how to invest in their private credit fund that targets 12% annual interest rate. The rezoning plan follows Gov. Kathy Hochul’s June housing policy, which extended the 421a tax abatement program’s deadline to 2031 and created tax exemptions (485x and 467m) for residential construction and office conversions. Market activity shows momentum, with development sales volume up 25% from last year. Office-to-residential conversions make up over one-third of transactions, pointing to increased development in 2025 as the City of Yes takes effect. The plan departs from past policies focused on landlord regulations, which removed thousands of units from the market. The new approach stresses building more housing across every neighborhood to increase supply. Read Next: Arrived Home's Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%* , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today! © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.AzmanL Investment Thesis Recently, Sensata Technologies ( NYSE: ST ) announced the appointment of Stephan von Schuckmann as its new Chief Executive Officer starting from Jan 1st, 2025. It is undergoing a transition in the face of significant industrial challenges Analyst’s Disclosure: I/we have a beneficial long position in the shares of ST either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

MIAMI , Dec. 26, 2024 /PRNewswire/ -- Gary Brecka , wife Sage Workinger and respective entities, IJS and TPH, today filed significant lawsuits related to their partnership with Cardone Ventures, LLC. The first complaint is a $100M defamation lawsuit filed by Brecka and Workinger against Elena Cardone , wife of Grant Cardone who co-founded 10X Health with Brecka and Workinger. It details the process by which Mrs. Cardone launched an allegedly intentional smear campaign designed to damage Brecka's reputation, including making false incendiary social media posts and nefarious public statements. The second complaint names Cardone Ventures LLC, a consulting firm claiming to help founders scale their businesses, and its CEO Brandon Dawson as defendants. The complaint details predatory efforts by Dawson and Cardone Ventures to take over 10X Health and edge out Brecka and Workinger through nefarious means and breaches of contractual agreements. Individuals who have worked with Cardone Ventures or CEO Brandon Dawson and may have information or similar complaints may call 305-603-0805 to leave confidential information for legal team review. Editor's Note #1: Copies of both complaints are included with this press release or available upon request. Exhibit information is also available upon request. Editor's Note #2: Brecka and Workinger are available for phone and on-camera interviews. Contact: Josh Merkin rbb communications (954) 789-5530 View original content to download multimedia: https://www.prnewswire.com/news-releases/renowned-human-biologist-and-longevity-expert-gary-brecka-files-100m-defamation-claim-against-elena-cardone-and-lawsuit-against-cardone-ventures-in-response-to-questionable-business-practices-302339380.html SOURCE IJS and TPHSelden also had five rebounds for the Runnin' Bulldogs (4-3). Jamaine Mann scored 12 points and added seven rebounds. Shahar Lazar shot 4 for 7, including 3 for 6 from beyond the arc to finish with 12 points. Reggie Ward Jr. led the Wildcats (2-5) in scoring, finishing with 14 points and 11 rebounds. Daniel Rouzan added 14 points for Bethune-Cookman. Tre Thomas finished with 13 points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

Green scores 20 as Rhode Island downs Detroit Mercy 81-75