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UES 170 East End Avenue

Started by streetview
about 16 years ago
Posts: 331
Member since: Apr 2008
The Real Deal is disclosing a number of suits (5 of them to be exact) against the developer. This development may represent the largest disgorgement of asset value from the period of pre-construction (i.e. contracts signed) to scheduled closing dates. For example, the run up in RE values at pre-construction may have coincided with the Top of the market. So now those who are closing are sweating the largest amount of asset value.

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