Saturday Oct 05, 2024

Bushwick Shelter Sold: Implications for Affordable Housing

The sale of a closed homeless shelter in Brooklyn's Bushwick to a residential developer raises critical questions about affordable housing and community resources in New York City. Meanwhile, Piramal Capital sells a commercial property in Mumbai for ₹187 crore, reflecting the city's robust real estate market. In Longview, Texas, local entrepreneurs are revitalizing historic commercial buildings to foster community growth. Join us as we explore these significant developments in urban real estate and their broader implications.

Sources:
https://www.bizjournals.com/newyork/news/2024/10/04/bedco-eddie-harris-homeless-shelter-brooklyn-sold.html
https://www.hindustantimes.com/real-estate/piramal-capital-and-housing-finance-sells-commercial-property-in-mumbai-for-rs-187-crore-to-shoquba-realty-101728051392240.html
https://www.kltv.com/2024/10/04/longview-businesses-aim-revive-historic-commercial-buildings/
https://spacenews.com/commercial-space-transformers/

Outline:
(00:00:00) Introduction
(00:00:41) Piramal Capital and Housing Finance sells commercial property in Mumbai for ₹187 crore to Shoquba Realty
(00:04:12) Longview businesses aim to revive historic commercial buildings
(00:07:24) Commercial Space Transformers

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