NY Times – NY developers failing to meet buyers expectations..

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This NY Times article – says there are many new condos in NYC whose owners complain that developers have been slow to deliver what they promised. “Anger toward developers is coming to a head as a record number of units are nearing completion. Manhattan will have 6,444 new condominiums completed this year, compared with 1,614 in 2005, according to Halstead Development Marketing. In Brookyln 3,768 units should be finished this year, compared with 480 in 2005.”

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