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NYC Apartment Building Sales Plunge After New Rent Law Dents Values

Investors who did acquire rent-regulated properties demanded lower prices.

Beginning January 1, Dallas apartment buildings were required to implement recycling facilities onsite.

Lower interest rates are helping offset rising labor and materials costs and helping sustain apartment construction levels.

Developers are focusing on delivering studios and one-bedrooms in dense urban markets.

In November, Manhattan apartment units leased at a median rent of $3,502just $19 short of the previous record high.

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