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99-Apartment Building Boom Makes 99 Problems for NYC Housing Crisis from THE CITY - All RSS feed.

99-Apartment Building Boom Makes 99 Problems for NYC Housing Crisis

A rendering of two connected 99-unit buildings at East 86th Street and First Avenue

They’ve popped up all across the city, scores of new building plans by different companies in very different neighborhoods, with one thing in common: They all have exactly 99 apartments. In the past two years, developers have filed permits for more than 150 residential buildings with that precise number of units, per city data. Why? […]

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