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Failed Deals Replace Real Estate Boom (New York Times)


Published on: Wed, 01 Oct 2008 11:15:42 GMT
After seven years of nonstop construction, skyrocketing rents and sales prices, and a seemingly endless appetite for luxury housing that transformed gritty and glamorous neighborhoods alike, the credit crisis and the turmoil on Wall Street are bringing New York?s real estate boom to an end, The New York Times?s Charles V. Bagli reports. More »