Industry Headlines
PlayhouseSquare to sell downtown Cleveland office building to the K&D Group for apartments
CLEVELAND, Ohio -- A private developer plans to convert a PlayhouseSquare office building into 102 apartments, capturing explosive rental demand and bringing the first residential project to the heart of Cleveland's theater district.
Downtown Cleveland apartments are being occupied at a record pace
CLEVELAND - Everywhere you look and everywhere you go, you will see apartments in downtown Cleveland -- and those apartments are mostly occupied.
With apartments full, developers look for new rental opportunities in downtown Cleveland
November 26, 2011
CLEVELAND, Ohio -- With apartments nearly full and waiting lists piling up, a sense of rental euphoria has fallen over downtown Cleveland.
Trial begins over sewer district's proposed stormwater fee
November 4, 2011
CLEVELAND, Ohio--They tried talking.
Then they tried mediation with Cleveland State University Provost Geoffrey Mearns.
Now, they've begun an expensive legal battle in Cuyahoga County Common Pleas Court over whether a new fee proposed by the Northeast Ohio Regional Sewer District is legal and fair.
West Side apartments set for renovation
October 10, 2011
An abandoned, 24-suite apartment building called “The Sylvia” on Cleveland's West Side is about to undergo a $3 million renovation and help meet surging apartment demand in the neighborhood served by the Detroit Shoreway Community Development Organization.
Ralph McGreevy, executive vice president of the Northeast Ohio Apartment Association, said a for-profit owner still might undertake such a project, but if it was to secure bank financing it would not be able to put that much money into the building nor to create a neighborhood gem.
“Detroit Shoreway is a nonprofit and can make a statement,” Mr. McGreevy said. “Its project will help uplift the neighborhood. Imagine the positive impact that a project like this can have on the area. There also weren't a lot of people lining up to do this type of project.”
Senior citizens kicked out of apartments in Kent to make way for university students
October 1, 2011
Ralph McGreevy, executive vice president of Northeast Ohio Apartment Owners Association, said landlords must balance tenant rights with the need to make money.
"The person who owns the real estate has the right to do what he or she wants to do," McGreevy said. "Is that going to make some people unhappy? Undoubtedly. Should there be humanity exercised? Of course."
NOAA Key Awards
September 1, 2011
NOAA Key Awards - Property of the Year is a tie! Watch the video announcing the winners here. Look for the full list of winners with pictures in the next issue of Suites Magazine.
A Home Is a Lousy Investment
August 24, 2011
Today's young people would be foolish to imitate their parents and view ownership as the cornerstone of personal finance.
Group's purchasing plan renders efficiencies
August 1, 2011
A group purchasing plan operated by the Northeast Ohio Apartment Association shows the benefits of being part of a herd — and a very big herd — when it comes to cutting expenses.
Sewer District to vote on rate increase despite opposition from Middleburg Heights Mayor Gary Starr
June 2, 2011
UPDATE-- The Northeast Ohio Regional Sewer District Board of Trustees voted 5-2 to increase sewer rates beginning Jan. 1, 2012.
Renting Vs. Buying
May 10, 2011
The Sound of Ideas.
Featuring: Ralph McGreevy, George Cvijovic and Mike Piepsny.
One business that's booming in Northeast Ohio despite the sluggish economy: Rental Housing. Apartment vacancies are at a historic low in our region and real estate developers throughout Northeast Ohio are looking to build new rental units. On the Sound of Ideas, we'll tell you where rental housing is taking off and why. We'll also talk about renting versus buying and share tips on how to be a smart renter. Join us Tuesday at 9 on 90.3.
China's Property Bubble, Ghost Cities and 64 Million Vacant Apartments.
March 18, 2011
SBS.COM.AU - One remarkable piece of economic news barely rated a mention this week, China surpassed the United States as the world's leading manufacturer. It is hard to grasp the magnitude and speed of China's economic transformation, however, things may not be as rosy as they seem. It's estimated that ten new cities are being built every year - a sign of future growth or just another bubble waiting to burst?
New-home construction plunged in February
March 16, 2011
WASHINGTON -- Builders broke ground last month on the fewest homes in nearly two years and cut their requests for permits to start new projects to a five-decade low.
Inclusion of water rate revenue creates Cleveland City Council opposition to city budget
March 11, 2011
CLEVELAND, Ohio -- As many as six Cleveland City Council members might vote against the city's 2011 spending plan because they contend Mayor Frank Jackson's administration included $15 million from a proposed water rate increase without telling them.
Cuyahoga County hopes 2012 property reappraisal restores trust
February 25, 2011
CLEVELAND, Ohio — Cuyahoga County Executive Ed FitzGerald hopes to restore public trust in the county's scandal-battered tax system by changing the way the county sets property values.
Natural gas prices are low but heating costs pushed up by a cold winter and delivery fees
January 24, 2011
Dominion shocked the Public Utilities Commission when it revealed a shortfall in the state-mandated fund to subsidize the heating bills of extremely poor families. The company said the shortfall would be more than $250 million by the end of 2010.
Sheriff's deputies raid CMHA headquarters
January 11, 2011
CLEVELAND, Ohio -- Sheriff's deputies and BCII are raiding the offices of the Cuyahoga Metropolitan Housing Authority on West 25th Street and the building at 3400 Hamilton Avenue that houses the agency's voucher program.
Forest City, others aim to turn waste into energy with aid from federal stimulus funds
December 10, 2010
Cleveland, Ohio -- Federal stimulus money could fuel the transformation of food scraps, manure and sewage into power and heat from Cleveland to Zanesville.
Northeast Ohio Regional Sewer district approves plan that will lead to significant rate hikes
December 2, 2010
CLEVELAND, Ohio -- When regional sewer officials on Thursday agreed by a 5-2 vote to enter into a $3 billion settlement with the U.S. EPA, they set in motion environmental and economic changes that will affect Northeast Ohio for the next quarter century.
Northeast Ohio Regional Sewer District leaders divided, spar over rate increases, EPA settlement
November 17, 2010
CLEVELAND, Ohio -- Northeast Ohio is but two weeks out from a historic vote by regional sewer board members that could triple sewer rates in Cleveland and surrounding suburbs over the next 25 years.
District releases EPA settlement details that will result in sewer rates tripling over next 25 years
November 12, 2010
CLEVELAND, Ohio -- Regional sewer officials this morning unveiled their 25-year plan to meet the requirements of the federal Clean Water Act -- a negotiated agreement with the EPA that will result in average sewer bills in Cleveland and more than 60 suburbs increasing more than threefold in that period.
Northeast Ohio sewer district will give EPA deal details Friday: expected cost $3 billion over 25 years
November 11, 2010
NOAA Member Doug Price of The K&D Group leading the charge against the EPA's mandate.
CLEVELAND, Ohio -- Officials with theNortheast Ohio Regional Sewer District said they will release details Friday of a pending agreement with the U.S. EPA -- a deal expected to lead to about a 15 percent annual increase in sewer rates for several decades.
'Monster' sewer-rate proposal demands far more transparency: Sun News guest commentary
November 9, 2010
Northeast Ohio Regional Sewer District officials are preparing to fast-track a $3 billion project — the most costly initiative ever in northern Ohio — despite serious questions about affordability and process.
Fairview Park delays apartment licensing fees vote
October 22, 2010
FAIRVIEW PARK, Ohio -- The debate over apartment licensing fees continues.
Legislation to increase the fees, which was originally on third reading and slated for passage at Monday night’s council meeting, was removed from the agenda for possible amendments.
K&D Group goes back to roots, buys distressed Nottingham Apartments for $500,000
October 14, 2010
WILLOUGHBY, Ohio -- The K&D Group has started acquiring apartments again, starting with a 93-unit Cleveland property that is only 20 percent occupied.
_______________________________________
Supreme Court Rejects Constitutional Challenge to Different Tax Rates for Large, Small Rental Properties
September 24, 2010
The Supreme Court of Ohio today upheld as constitutional rules adopted by the state tax commissioner to implement 2005 legislation that granted a 10 percent property tax rollback to owners of single-family, two-family and three-family rental properties, but did not extend a similar tax break to owners of apartment buildings with four or more residential units.
_______________________________________
Federal prosecutors charge Auditor Frank Russo in 21-count information
September 9, 2010
CLEVELAND, Ohio -- Federal prosecutors charged County Auditor Frank Russo in a 21-count information filed this morning in U.S. District Court in Cleveland.
_______________________________________
Refunds on way for property owners overcharged on Cuyahoga County taxes
September 1, 2010
CLEVELAND, Ohio -- Thousands of Cuyahoga County taxpayers paid too much in property taxes this year because of mistakes by Cuyahoga County boards of revision.
_______________________________________
Report: NYC, Philly, Detroit top bedbug list
August 24, 2010
MEMPHIS, Tenn. — Bloodsucking bedbugs are biting in New York, and Philadelphia, and all over Ohio.
_______________________________________
Feds remain firm: Ohio can't use bedbug pesticide.
August 19, 2010
COLUMBUS, Ohio -- For now, federal officials are standing firm against letting Ohio fight bedbugs in homes with an industrial-strength pesticide.
_______________________________________
Sewer District Delays Storm Water Fee Indefinitely, Cites Lawsuits.
August 18, 2010
CLEVELAND, Ohio --Regional sewer officials have delayed indefinitely imposing a new storm water fee because of a lingering legal challenge from dozens of communities and businesses in Cuyahoga and Summit counties.
_______________________________________
Visit our Lead Laws Page for more information and a list of certified trainers.
More articles can be found on the News Page.
Upcoming Events
Quick Links
Read the latest Issue of Suites Magazine
Learn about Group Purchasing
Event Photos
See issues of Suites Magazine for past event photos.
Bed Bug Information
Visit our education page to download NOAA's integrated pest management plan and other information.
Become a Member
Learn how becoming a NOAA member can benefit you! We have several options available offering support such as Group Purchasing, Credit Screening, Networking, and other exciting benefits.
- Become a Member!
