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Hefty price tag for Justice Court as renovations said to cost at least $5.7M


The town annex, formerly Southold Savings Bank. (Credit: Grant Parpan)
A preliminary look into three options for the future of Southold Town Hall and Justice Court facility recently completed by the town engineer revealed one common thread: all will come with a hefty price tag.
The first proposal presented by town engineer Michael Collins at a work session Tuesday explored modifying a portion of the annex building to serve as a court complex, as originally intended, would cost approximately $5.7 million.
Consolidating town hall operations and moving them to the annex building would involve a complete overhaul and cost approximately $8 million, while constructing a new building behind the existing town hall could total $9.5 million. ....

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Self-Storage Market Analysis 2020: Greater Atlanta


Though it may take a few years for self-storage prices to stabilize in the Greater Atlanta area due to recent overbuilding as well as rate declines caused by a small price war that occurred during the early stages of the coronavirus outbreak, the market is expected to rebound nicely. In fact, industry experts remain bullish on the region for the long term, predicting that the population and economy will grow, thus spurring more industry demand.
The reasons for optimism are the same factors that caused Atlanta’s current predicament. It’s a hot metropolitan area that self-storage operators and developers want to mine to its fullest. In the last three years, the market has seen a 14 percent increase in supply, bringing it to about 41 million square feet, according to Radius+, a company that specializes in self-storage data, analytics and location intelligence. ....

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