Construction Maison

By JAKE SHORE of WFUV The Norwood News, in partnership with WFUV and BronxNet TV, brings you a four-part series on development projects happening across the Bronx and its impact on community residents. Luxury Student Housing Rises in Bronx’s Little Italy" width="696" height="522" />CONSTRUCTION SITE FOR future luxury unit marketed for students on Hoffman Street in Belmont, a few blocks from Fordham University . Photo by Jacob Shore For Fordham University students, living off campus is a respite from on- campus housing prices and its rules. It’s worked for Brendan Batcheller, a senior at Fordham’s Gabelli School of Business. The public accounting major said living off campus is markedly cheaper than living within Fordham’s gates. “The cost of a year’s rent for us is less than nine months’ worth of living in a dorm,” Batcheller said in an email. “There is definitely a greater sense of independence living off campus–having to deal with a landlord, p...

TOLLING THE TYCOONS — Albanese calls for 'politically popular' pied-à-terre tax, by POLITICO New York’s Conor Skelding : Foreign "oligarchs" who own real estate in New York but don't live in the city should have to pay two or three times what they pay now in property taxes, Democratic mayoral candidate Sal Albanese said Wednesday. The "politically popular" new tax's revenue, which Albanese said would amount to billions, could then be put toward the development of affordable housing . "Look, there's a lot of money across the world that people want to outsource," he said during a news conference outside the gates of City Hall. "There's a lot of money there, and we can use that to build real affordable housing ." Mayor Bill de Blasio promised years ago to "take a look" at a pied-à-terre tax, but the proposal is opposed by many of the city's real estate interests . "They own Bill de Blasio , big real estat...