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New York City’s housing production numbers plummeted in 2023, according to the Real Estate Board of New York, which placed the blame on the end of a controversial tax break for developers. The powerful trade group looked at foundation applications for new residential buildings submitted to the city’s Department of Buildings — which can indicate whether a project is heading for construction — ...

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New York ,United States ,Zachary Steinberg ,Department Of Buildings ,New York City ,Real Estate Board ,Mayor Adam ,Rental Housing ,Foundation Applications ,Residential Buildings ,Multifamily Buildings ,Tax Break ,Pplication Filings ,

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