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In the early 2000s, the building was renovated for senior citizen housing. In 2017, the building was run down and vacant. It was sold to a local developer who renovated it into market rate apartments. The building currently has 32 apartment units for rent, a tenant lounge, and a laundry room. [2]
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
As more offices sit empty, is the bell tolling for commercial real estate? Moneywise. January 18, 2024 at 4:00 PM ... Commercial real estate has outperformed the S&P 500 over 25 years.
The Lazarus Building is a commercial building in Downtown Columbus, Ohio.It was the flagship store of the F&R Lazarus & Company, a department store founded nearby in 1851.. The building, completed in 1909, housed the Lazarus department store until 2004, one year before its brand was retir
Property originally bestowed in this ... was the first commercial district in Upper Arlington. ... 5.43% of homes were vacant, including 260 for sale, 201 for rent ...
Since she relocated from Chicago and moved into an income-restricted apartment for senior citizens in late 2022, rent on her two-bedroom, one-bathroom apartment has jumped more than 20%, to over ...
The City of Oakland, California assesses an annual tax of $3,000 to $6,000 on vacant property. A property is considered “vacant” if it is “in use less than fifty (50) days in a calendar year,” and not subject to any of ten (10) exemptions. Oakland's vacancy tax, Measure W, was passed in 2018 with 70% voter approval.
Westland Mall is a demolished 860,000-square-foot (80,000 m 2) shopping center located at the intersection of U.S. Route 40 and Interstate 270 on the west side of Columbus, Ohio.
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