Home Builder Developer - Interior Renovation and Design

Wave of New Construction Expected to Peak Next Year, Pushing Up Vacancy and Increasing Competition for Renters Even as Conditions Continue To Favor Strong Demand for Apts.

CoStar Group economists are forecasting that apartment vacancy rates will rise in 46 of the 54 top U.S. metros over the next four quarters due to the massive wave of current apartment deliveries and new apartment projects starting almost daily.

According to their most recent analysis, the U.S. apartment vacancy rate will rise from the current 4.1% to over 5% by the end of 2015. Although a significant trend shift, apartment vacancies are still expected to remain near 10-year lows across most of the nation, even with the addition of hundreds of thousands of new units.

"At this point in the cycle, weve seen supply take hold almost everywhere," Yuen said. "Some late-recovery markets like Las Vegas arent yet seeing vacancy increases yet, but even there, developers are beginning to find opportunities."

Dallas, Washington, D.C. and Houston have each seen more than 10,000 units delivered over past four quarters, while apartment inventories in smaller markets like Charlotte and Raleigh have increased by nearly 5% as apartment construction fans out. Denver and Houston, each with upwards of 20,000 units under construction, will see record deliveries over the next two years, Yuen added. Despite the expected impact on rents from all the new construction, because most of the new building is expensive luxury properties, analysts noted a widening affordability gap. In the Oakland/East Bay Area, for example, the average income has risen by about 15% to over $75,000 in the strengthening economy. However, rents have grown by a staggering 30% over the same period and now require more than 25% of annual income, Yuen said.

"Lack of affordability is certainly something we are beginning to see capping rent growth, especially at the high end of the market," Yuen said.

Year-over-year growth in effective rents, which has gradually decelerated since 2013, is expected to drift below 2% in tertiary and secondary as well as the top U.S. markets during 2015 and 2016.

"We've been surprised by the low levels of concessions we're seeing today, given the large amount of new supply," said CoStar director of U.S. research, multifamily Luis Mejia, a co-presenter along with quantitative analyst Mark Hickey.

But with rent growth slowing further and more supply on the way, property income growth is also expected to finally slow down heading into 2015, which may prompt investors to buy more office buildings rather than apartments in search of higher yields, the analysts noted.

Net operating income (NOI) for apartments, which peaked at about 6% in mid-2012 and was the only major property type to show growth from 2010 to 2013, is now the only sector to show year-over-year income deceleration.

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Apartment Construction Boom Slowing Rent Increases as Market Shifts Into Expansion Phase

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ERCILIA COIRA PATIOS ABIERTOS

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GUSTAVO SCIPPIONI PATIOS ABIERTOS

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Palm Beach attorney Emmett E. Tracy Jr. and his wife, Marilyn, have parted with Villa Filipponi their 1929 landmarked estate at 322 Clarke Ave. for a recorded $8.775 million.

A revocable trust in the name of Marilyn Tracy sold the seven-bedroom house on a double lot in Midtown to a Delaware limited liability company named EJHFL LLC, according to the deed recorded Wednesday. No other information about the buyer was immediately available because of Delawares strict corporate privacy laws.

Fite Shavell & Asssociates agent Thor M. Brown had listed the house for sale at about $10.9 million in August 2013, and the property landed under contract in March, according to records in the Palm Beach Board of Realtors Multiple Listing Service. But the sale did not close until this week.

Brown said a confidentiality agreement prevented any of the parties involved from discussing the sale. MLS records list the buyers real estate agent as Gary Pohrer of K2 Realty.

With 7,682 square feet of living space inside and out, the Spanish Mediterranean-style house stands one house east of Cocoanut Row on four-tenths of an acre.

The Tracys have downsized to a four-bedroom home at 161 Main St., which Marilyn Tracys trust bought in October for a recorded $4.3 million. The seller was Laura T. Andrassy, the first wife of professional golfer Greg Norman. Brown acted on the Tracys behalf in that deal opposite agents Toni Hollis and Gloria Mor, who also work at Fite Shavell.

The house entered the towns landmarks registry in 2002, about five years after the Tracys paid Thomas and Renate McKnight $3.2 million for it, according to property records.

Although the house is usually attributed to noted society architect Marion Sims Wyeth, the Landmarks Preservation Commissions designation report did not identify the architect. Because the house is landmarked, exterior walls viewed from the street cannot be significantly altered.

The house already had been renovated and expanded by other owners before the Tracys bought it. They have family ties to the Detroit area.

In 2004, the Tracys expanded a sitting room, built an adjacent outdoor pergola and enlarged the guest apartment and garage, according to a 2013 Daily News article.

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Landmarked Midtown estate brings $8.8M

Katy, TX (PRWEB) December 05, 2014

Glamour Flooring is excited to announce that they are now offering next-day installations on selected products. They can provide next-day installation on hardwood flooring, laminate flooring and carpeting.

New porcelain tiles are also now available from Glamour Flooring. These are 6x24 and look like real wood. Glamour Flooring can also repair and restore old floors by re-sanding and refinishing them.

Glamour Flooring now has a new mobile website, which allows clients to browse through products with ease on the go. Clients can now find everything they need to know about Glamour Flooring straight from their mobile device.

Glamour Flooring is offering next-day installation and interest-free financing on all products for up to 18 months. Please call the store at 832-437-4495 for financing details. Glamour Flooring also provides their clients with free in-home estimates. They will bring samples at the clients request so clients can shop from the comfort of their own home.

For more information about Glamour Flooring and their next-day installations, visit their website at http://www.glamourflooring.com/.

About the company: Glamour Flooring was established in 2006, serving consumers across the United States, meeting demands for exquisite flooring. The flooring store in Katy, TX, opened in 2008 and they now have a second location in Woodland Hills, CA. Glamour Flooring is not the typical flooring store, and part of the reason for that is their dedication to providing customer service that is a cut above the rest. Devotion to their customers is demonstrated in the home remodeling shows Glamour Flooring hosts in Houston where they educate homeowners about various products so that they can be confident about their choices in flooring, cabinets and other remodeling features. In addition to quality hardwood flooring in Houston, Glamour Flooring offers free in-home estimates, the latest styles in all types of quality flooring, professional installation and top-notch re-modeling services.

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Glamour Flooring Now Offers Next-Day Installations

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5-Dec-2014

Contact: John Fleischman jfleischman@fuse.net 513-706-0212 American Society for Cell Biology @AmerSocCellBio

It means cancer "in place" but a carcinoma "in situ" often does not want to keep its place. Standing between a cancer cell in situ and the surrounding tissue of fibroblasts and extracellular matrix is the basement membrane, a thin sheet of fibers that normally cradles the cells above it. The basement membrane is also the frontline physical barrier that keeps primary tumors from spreading into the matrix below. Perforating the basement membrane is a cancer cell's first move toward invasion, but how? Fibroblasts are most commonly found in connective tissue that synthesizes extracellular matrix and another main structural protein of animals, collagen. But there are also carcinoma-associated fibroblasts (CAF) whose matrix proteinases could come in handy in breaking the membrane barrier. The question becomes who is invading whom--do cancer cells invade the basement membrane or do some fibroblasts help invading cancers? Researchers at the Institut Curie in Paris now say that they have evidence of a coordinated attack on the basement membrane by cancer cells in situ and CAF cells in the extracellular matrix that begins long before the actual translocation of cancer cells. The work will be presented at the ASCB/IFCB meeting in Philadelphia.

Using human colon cancer cells and primary human fibroblasts isolated from tumors and adjacent normal tissues, Alexandros Glentis and colleagues at the Institut Curie addressed the question of whether the cancer cells or the CAF cells were responsible for the breakdown of the basement membrane that leads to cancer progression. They compared CAFs from colon tumors to normal fibroblasts (NAFs) that were isolated from the same patient, in the adjacent normal tissue. A combination of markers was used to discriminate fibroblasts from other cell types to validate the purity of isolated cells and to discriminate NAFs from CAFs. In co-culture experiments on coated transfilters, both NAFs and CAFs induced migration and invasion of HT29, which are intrinsically noninvasive colon cancer cells.

The researchers then devised an assay that deployed native basement membrane to separate cancer cells on one side and fibroblasts embedded in collagen on the other. They found that only CAFs were able to stimulate invasion of cancer cells. Further study applying proteomic analysis confirmed that CAFs secrete more proteases, extracellular matrix proteins, and proteins that modify the basement membrane compared with NAFs, pointing to a remodeling role for CAFs in invasion.

Through imaging the tumors and fibroblasts, the researchers then found the smoking gun of cancer-CAF cooperation--long protrusions like puppet-strings that the tumor cells used to communicate with the fibroblasts well before the cancer cells moved to breach the basement membrane. The researchers are currently testing a role of CAF-derived molecules in basement membrane remodeling to further dissect the secret alliance between cancer cells and CAFs in basement membrane invasion.

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Contact: Alexandros Glentis, alexandre.glentis@curie.fr

8120 Woodmont Avenue, Suite 750 Bethesda, MD 20814

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An unholy alliance -- Colon cancer cells in situ co-opt fibroblasts in surrounding tissue to break out

Home Solar Indoor Lighting

By: Beautiful Light Project

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Albany

The annual state Holiday Tree Lighting and Fireworks celebration take place Sunday at the Empire State Plaza.

A full day of indoor and outdoor family activities, including a visit from Santa Claus, will start at 10 a.m. with Roaming Railroad indoor train rides and the opening of the skating rink at 11 a.m.

The tree lighting ceremony and fireworks will begin at 5:15 p.m., and the event will conclude with a Rock and Skate from 6 to 8 p.m.

This year's holiday tree on the Empire State Plaza was donated by VanAken family of Schenectady.

The tree displayed in East Capitol Park was donated by the Keeler family of Burnt Hills.

The public is invited to the outdoor event presented by SEFCU to take part in skating, caroling with the Rusty Pipes, listening to and learning about the piano from Wataru Niimori of the Music Studio, holiday arts and crafts, mini golf, demonstrations by the Hudson Mohawk Figure Skating Club, live music, and fireworks.

There will also be hot chocolate and snacks, a llama petting zoo, ice sculptures, and much more.

The Taste New York Holiday Expo is at the State Museum, which runs from 11 a.m. to 4:30 p.m. and has a $5 admission.

The new Empire State Plaza Visitor Center gift shop at the north end of the Concourse will also be open from 1 to 5 p.m.

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State tree lighting, fireworks on Sunday

Santa Rosa, CA (PRWEB) December 05, 2014

The SuperNova, the largest rendering of SuperCloset's number one selling grow cabinets, has been redesigned in the image of the popular "Trinity 3.0" to create the world's largest indoor stealth grow cabinet. This new all in one triple chamber grow cabinet system is an astounding 92 wide, 24 deep, and 78 tall. It features two professionally air-cooled, closed loop, HPS 600 watt lighting system, or two of the award winning Kind LED K3 L600 LED Grow Lights.

Other features unique to the SuperTrinity are the bottom vegetation chamber that includes a SuperCloner-50 as well as a SuperMother hydroponics system, the Quad-Carbon Filtration configuration, and the T-5 Side Lighting. The SuperCloner-50 and the SuperMother hydroponics system, allows a grower to harvests continually as plants are cloned in the first chamber, and vegetated in the second chamber, and flowered in the third. The Quad-Carbon Filtration configuration is comprised of four fans positioned behind charcoal filters and oriented to pull waste air through the filters. The Quad-Carbon Filtration system doubles the amount of air being pulled in and out of the SuperTrinity, which translates into healthier plants, and total odor mitigation. The T-5 Supplemental Side Lighting is the addition of four full spectrum T-5 lights positioned on the right and left side of the flowering and vegetation chambers. The T-5 Supplemental Side lighting provides light to the bottom third of the plants body mass leading to a larger yield of usable plant matter. A SuperPonics-16 system is what the large flowering and slightly smaller vegetation chamber above the propagation chamber use to grow 16-huge plants, completely automated with virtually no maintenance other than changing out water once every 7-10 days. SuperPonics is defined as the fusion of proven hydroponic methods. SuperPonics systems grow plants up to 2-5X faster than traditional methods. The different hydroponic methods of top feed drip and bottom bubble feed deep water culture provide redundant safety systems in case either a water pump, air pump, or electrical circuitry fails. Plants stay strong, and healthy in SuperPonics systems through nearly all situations, which make the SuperTrinity an ideal product whether one is a beginner or professional. As usual with all SuperCloset grow cabinets, the SuperTrinity blends in perfectly in any home, locks up securely, is pre-assembled, and comes with every imaginable component enabling a new customer to be up and growing within 90 minutes of receiving their SuperTrinity.

About SuperCloset: SuperCloset takes the guesswork out of growing through manufacturing the most innovative and customer friendly hydroponic systems and turnkey grow box units. After 10 years SuperCloset continues to lead the horizontal and vertical growing industry with its commitment to excellent products and world-class customer service.

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Industry Leading Grow Box Manufacturer SuperCloset Announces SuperTrinity, the World's Largest Indoor Grow Cabinet