Remodeling adds less to home resale values than it used to - Dec. 18, 2009

Remodeling adds less to home resale values than it used to - Dec. 18, 2009

Posted using ShareThis

City of Peekskill Brushes Up Definition of Artist

Peekskill may widen eligibility criteria for artists’ housing.

WITH Westchester County’s real estate market a challenge these days, Peekskill is doing its part by rethinking the criteria for eligibility for its artists’ housing.

The city’s live-work rentals were developed over the last two decades in the downtown historic district. Peekskill created an artists’ zone in this eight-block area by allowing the conversion of empty space over storefronts as part of a revitalization project. In all, 49 rental units have been built on the upper floors of commercial buildings, along with 28 units in a co-op built with city, county and state funds.

Peekskill Art Lofts, a 28-unit work/live residential

co-operative for Peekskill certified artists.

By ELSA BRENNER
Published: December 4, 2009

http://www.nytimes.com/2009/12/06/realestate/06wczo.html?_r=1