How does a developer increase rental income while reducing rental costs for renters? The answer, apparently, is to hope tenants don’t mind cramming into smaller spaces so long as there’s a pool, dog spa and a golf simulator in the building. Simon Baron Development and Quadrum Global’s new 43-story rental high rise at 29-22 Northern Boulevard features 13 floors of co-living units, which they claim is the largest ground-up co-living development in the country. The […]
source https://therealdeal.com/2018/04/19/simon-baron-quadrum-bet-that-lic-co-living-project-will-disrupt-rental-industry/
No comments:
Post a Comment