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From:
The Real Deal
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Construction Financing NYC | Luxury Condo Market NYC
https://therealdeal.com/new-york/2016/02/04/lenders-losing-interest-in-financing-high-end-condo-projects/
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Wary of a slowdown in high-end apartment sales and a potential supply glut, lenders are beginning to retreat from Manhattan’s luxury condominium market.
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