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The biggest reason these vacant housing units aren’t for rent or sale is that they’re being renovated for future rent or sale.
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New York’s Housing Market Splits the City in Two: Justin Fox
published Feb 22, 2018, 12:31:32 PM, by Justin Fox (Bloomberg View) — New York City has added an estimated 488,478 housing units since 1991. For a city that has added 1.1 million jobs over that same period, that’s not great, but it’s not terrible, either. Where things get complicated —