The Real Deal New York

This month in real estate history

A Manhattan building boom abruptly ground to a halt in 1930, as depression took hold

January 22, 2014 04:30PM
By Adam Pincus

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From the January issue: The city reported 83 years ago this month that apartment building plans for 1930 declined dramatically from the prior year, illustrating that the Great Depression was putting the brakes on the once-heady residential construction market. [more]