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Tuesday, June 17, 2008
jump to the original story in - The Real Deal :» Discouraged by 421-a changes, developers sell sites
While many developers have been racing to get started on projects before changes in the 421-a tax abatement take effect, another group has thrown in the towel, tripped up by the June 30th deadline and the faltering economy. As a result, dozens of development sites with approved plans for condominiums are on the market all over the city.
Discouraged by 421-a changes, developers sell sites