The frugal image of the typically boxy low-rise
, with large floorplates and low construction costs, is now more popular.
Elevator building expenses rose 2.5 percent to $7.90 per square foot; low-rise
buildings with 12-24 units rose 3.5 percent to $5.66 per square foot; low-rise
buildings with 25 or more units reported a 6.2 percent increase to $5.33 per square foot; and garden buildings rose 3.6 percent to $5.17 per square foot.
Planned Unit Developments, or PUDS, for all types combined (low-rise
, townhouse and combination), reported total operating expenses for 2006 of $467.49 per unit per year, a gain of 5.3% from $443.90 in 2005.
Elevator building expenses rose 8.5 percent to $8.05 per square foot; low-rise
buildings with 12-24 units rose 7.7 percent to $5.71 per square foot; and low rise buildings with 25 or more units reported a 0.8 percent increase to $4.94 per square foot.
Median net income last year for low-rise
buildings ranged from $3.62 to $4.91 psf vs.
His company, SSJ Development, seeks out decrepit shoreline properties and turns them into low-rise
condominiums complete with private boat slips and public waterfront promenades.
His work is much more versatile and more interesting -- as the 'mixed use' programme for the Auditorium building had already demonstrated as early as 1890 and his later work on low-rise
banks and houses, so well described in David van Zantem's synoptic book, very clearly demonstrates.
The property is located in the highly desirable West Greenwich Village area of lower Manhattan and consists of 420 residences located within 42 five-story, low-rise
, walk-up apartment buildings.
Beijing largely lacked such dense multi-storey fabric, and so its structure has been jerked in a couple of generations from low-rise
high density to high-rise (with probably rather lower densities).