Powerball winner Pedro Quezada is hosting a rent party — for his entire block.A close friend of the newly minted megamillionaire said Quezada promised to temporarily cover the housing costs for residents in the Passaic, N.J., neighborhood that housed his bodega.“He said he’s going to pay the rent for everybody here on this block for at least a month or two months,” the friend said Saturday outside Quezada’s Apple Deli Grocery. “He’s such a good guy.”Word of Quezada’s magnanimous gesture left several of his neighbors stunned.“God bless him, and thank you,” crowed Richard Delgado, 45, after learning of the pledge.RELATED: POWERBALL WINNER PUTS PASSAIC, N.J. BODEGA UP FOR SALEJohn Koblarz’s eyes lit up when he heard Quezada had offered to cover his neighbors’ rents.
Nov. 14 for an inaugural, daylong conference to examine the role real estate has on the economy.The real estate summit, called Partnering for Change in California, will take place at the Hyatt Regency Century Plaza Hotel in Century City.California is ...more
A City Council hearing today is shaping up to be a showdown between Hub real estate owners and community groups who say the owners are unscrupulously pushing to evict longtime neighborhood residents so they can jack up rents.This should not be a city ...more
CHRIS DONNELLY: Housing options vary from region to region, but in general, wages in Vermont have not kept pace with the cost of housing. Looking statewide, the housing wage which is the amount a renter earns to make a two bedroom, fair market rent affordabmore
Such a program could implement practices aimed at promoting and preserving affordable housing like rent control, housing impact fees and inclusionary zoning.Most of the proposals require reports back and development during the budget process. However ...more
I highly recommend seeking counsel from an experienced real estate agent. Ask for references, and do your own research as well. When in doubt, rent until you know for sure.Garrett Ranz, Certified Financial Planner and member of the Ark-La-Tex Chapter ...more