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Rent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlordsH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aVornado nabs $34M deal at 220 Central Park SouthVornado nabs $34M deal at 220 Central Park South
New York

Brooklyn and Queens condo inventory through July 2019

A roundup of news and data on the residential market

New development condo report

Brooklyn

Inventory expanded as developers filed more units than were purchased
Developers filed 13 plans with 258 units
The state approved 13 plans with 477 units valued at $919 million
Buyers purchased 156 units valued at $158 million

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Queens

Inventory expanded as developers filed more units than were purchased
Developers filed four plans with 300 units
The state approved two plans with 202 units valued at $145 million
Buyers purchased 43 units valued at $35 million

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New York September 2019