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Hot market for used cars sends prices to bizarre levels By Stephen Gandel Pandemic forces price hike on consumer goods The reopening U.S. economy and lingering pandemic shortages are driving used cars to their highest prices in years. The rise has made some vehicles once coveted by consumers for their good value markedly less affordable. For instance, a 2017 Nissan Maxima with nearly 125,000 miles at the Dream Auto Group dealership in Woodlands,Texas, is listed for over $20,500. The dealership also has a pre-owned Dodge Ram pickup truck with 61,000 miles for just over $31,000. Rising used car prices are a trend that we noticed last summer, and it has really intensified in the past few weeks, said Jessica Caldwell, executive director of insights at car market tracker Edmunds. You hear numbers that, honestly, I wouldn t pay [$20,000] for a Maxima, especially with that many miles on it. We are seeing bizarre things. ....
Work prepped for future Midtown buildings, Peg Leg Porker project in The Nations Courtesy of Scenic Investments, Smith Gee New York-based development company Scenic Investments has landed a permit related to the demolition of a building located on the Midtown on which it plans a 27-story mixed-use tower. To be located near the high-profile Broadway and West End Avenue split, the future high-rise (pictured) will sit on a site that spans The permit, valued at about $14,500, comes after Scenic paid $11 million for the property in September. Nashville-based Tiny’s Construction will handle the razing of the building, a small one-story structure that once accommodated part of Beaman Toyota s operations. ....