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Albany Housing Inaction Boomerangs on Increasingly Pricey City from THE CITY - All RSS feed.

Albany Housing Inaction Boomerangs on Increasingly Pricey City

Construction workers erect a mixed-use skyscraper in Fort Greene, Brooklyn.

With the state legislature deadlocked with the governor and mayor on what to do about the city’s housing crisis, the consequences for renters and the economy is becoming clearer. Rents on new leases in Manhattan and Brooklyn unexpectedly rose in February and are on track to set new records this summer as demand for apartments […]

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