Bubble Wrap
Entry
Downturn Ends Building Boom in New York
The New York Times describes the current landscape for development in New York, detailing that even the most experienced developers are having problems getting projects off the ground.
The setbacks for development – perhaps the single greatest economic force in the city over the last two decades — are likely to mean, in the words of one researcher, that the landscape of New York will be virtually unchanged for two years.
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posted about 11 months ago
