The new legislation will not apply to housing built in "small" developments – perhaps as large as 50 homes - and companies would be allowed to buy exemptions from the new green standards.
Larger modern colonials built in the last 15 years on spot lots or in small developments bring $400,000 to $600,000, and old Victorians on large lots can go for up to $700,000, said Kathleen S. Luckhaus, a sales associate at the Coldwell Banker residential brokerage office in Mountain Lakes.
Mr. Boymelgreen arrived in New York City from Israel in 1969 and worked in asbestos removal before getting involved in small development projects.
In smaller developments especially, the condominium form is likely to provide better long-term governance, builders say.
Jessica Peters, an agent with Prudential Douglas Elliman, says she uses virtual staging for apartments in the same line to show their potential, minimizing the need for expensive model apartments, or in smaller developments, eliminating model apartments altogether.
They might not make sense in a small development team, but they are definitely relevant in a high-networked ecosystem where 'who works with who' is not obvious.
In March, William Vines, a former councilman, sold a house in a small development he created to Peter Kim, 54, for $665,000.
Nearby are houses, cottages and small developments in three townships, called plantations: Dallas, Sandy River and Rangeley.
Over the weeks, I wrote lots more articles about this, reporting on various small developments in the saga.
