new construction

… developers typically avoid outright price reductions on apartments because they could hurt future sales However … the preconstruction phase the sponsor will want to get 15 percent of apartments under contractthe magic number at … be a bit trickier than getting one for an existing building Banks are wary of lending to buyers in underconstruction …

… with even more new projects on the way … 6700 apartments in the pipeline … Marketproof  a real estate analytics company is currently tracking 141 residential projects in the area 44 have received a … 224unit rental development at 240 Third Ave with 25 percent designated as affordable housing and a pool on its roof …