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August 26, 2009
Mystery Downtown Development Going Affordable
Citing a NY Post article, Brownstoner is wondering what Downtown Brooklyn luxury condo building is "in talks with the city to unload their unsold units as affordable housing."
NoLandGrab: Hard times in the luxury condo market don't bode well for Atlantic Yards. Also, if NYC can increase the amount of affordable housing out of unsold inventory, then what is the justification for overspending on Bruce Ratner-built affordable units?
Posted by lumi at August 26, 2009 5:26 AM