But everything is not as it was, with Covid both accelerating some nascent trends and pushing builders in new directions.
Tag: Condominiums
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Construction Defects Emerge at Pandemic-Era New Developments
Complaints of poor construction are on the rise in new luxury rental and condo buildings, after two chaotic years of New York real estate amid the pandemic.
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Developers Fight to Keep 421a Tax Break Amid N.Y.C. Housing Crisis
Few big residential projects have been built without the break, known as 421a, which now costs the city $1.77 billion in lost tax revenue every year.