Construction Maison

In 2013, Randy Dillard was living with his four sons and a daughter in an apartment at 198th Street and Bainbridge in the Bronx. The windows were broken; mold and mildew streaked the walls. In the winter, Dillard’s family had to boil water on the stove to bathe; there was no heat or hot water. When the New York City Housing Authority conducted an inspection of the apartment on behalf of Section 8, the federal rent assistance program that financed Dillard ’s rental, the unit failed the test, and Section 8 stopped paying Dillard ’s landlord, demanding that he make repairs. That winter, Dillard was hospitalized for two months with a bout of emphysema; when he came out, he was served with eviction papers for nonpayment of rent. advertisement “I stood in the middle of my hallway looking around my apartment thinking: What am I going to do with my stuff?” Dillard tells Fast Company . “I told myself: I’m going to end up homeless. I’m going to wind up in a shelter.” Dillard got word of a Bron...

After two-and-a-half years of construction, Gurner has officially unveiled the first two towers of its $ 600 million Brisbane development . The launch of FV comes a week after BIS Economics forecast high - rise apartment construction will halve over the next three years. In its residential property forecast 2017 -2020 report, BIS indicated that the resurgence in prices in the current financial year is likely to be short-lived as a looming oversupply of apartments in our major cities will dampen price growth . Gurner rebuffed claims that the local market was oversupplied, “With so much pressure on house prices in Australia, Brisbane provides an incredibly affordable option for first home buyers and owners. Brisbane is 50% more affordable than Melbourne and 60-70% [more affordable] than Sydney – it is now something people just cannot ignore.” Notwithstanding concerns of an oversupply or weakening markets, Gurner has sold all apartments of the FV development , “People have been saying...