Apartments near Oxford Exchange will cater to baby boomers
Apartments aren’t just for millennials at Altman Development Corp. The Boca Raton-based developer has proposed a 274-unit apartment complex with 5,000 square feet of retail space at 504 Grand Central Ave., across the street from Oxford Exchange. The northern building, fronting Grand Central Avenue, will be six stories, with 5,000 square feet of storefronts lining […]
Garanimals exec lists waterfront Sarasota mansion for sale (Photos)
A sprawling waterfront mansion that has a 500-bottle wine room, deep water dockage and is minutes from downtown Sarasota is on the market. The 8,100-square-foot home at 552 South Spoonbill Drive on Bird Key is listed at $6.25 million by Judy Kepecz-Hays of Coldwell Banker Residential Real Estate’s Longboat Key office. The owner is Jerald […]
More millennials living with parents now than during the recession
Despite an improved job market, more millennials are living with their parents today than at the depth of the recession. That’s according to a new Pew Research Center analysis of U.S. Census Bureau, which found that the share of young adults living in their parents’ homes has increased from 24 percent in 2010 to 26 […]
Exclusive: After neighborhood angst, developer revamps plans for apartments near Oxford Exchange
A Boca Raton developer’s plans to build an apartment community near the Oxford Exchange have evolved significantly in the last three months. Altman Development Corp. has nearly doubled the amount of retail space in Altis Grand Central, the 274-unit apartment complex the company is proposing on the 2.51-acre site at 504 Grand Central Ave. Its […]
Millennials prefer walking to driving, so housing market is changing
The days of suburban cul de sacs are numbered: Millennials prefer walking over driving by 12 percentage points, according to a new poll conducted for the National Association of Realtors. That’s the largest margin in favor of walking for any generation. Millennials want to live within walking distance to shops and restaurants, and have a […]
New home sales fall in June, but are still 18% above last year’s pace
New home sales dropped nearly 7 percent in June to a seasonally adjusted annual rate of 482,000, the lowest level in seven months. The good news is that this sales level is still 18 percent above what it was a year ago. Compared with May, sales fell in the West, Midwest and South, but jumped […]