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Population growth outpaces building

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Despite the near-record number of housing construction permits issued over the past couple of years, not enough units are being built to meet the needs of the city’s current and projected population growth. Between 2000 and 2005, there were 205,000 new residents in the city; between 2000 and 2006, 159,209 home-building permits were approved. more [NYO]

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