Condo construction market still stalled in slump

04/21/2010 | Cooperator, The

The economy may be crawling out of its slump, but nationwide the condo market remains on shaky ground. Many condominium projects in New York remain stalled, underfunded or under-occupied. That's leading to project takeovers, or pushing developers to simply maintain their sites' safety records so their permits will remain active when the market recovers.

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Cooperator, The

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