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Old Posted Feb 15, 2017, 1:23 AM
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chris08876 chris08876 is offline
NYC/NJ/Miami-Dade
 
Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,696
Quote:
Originally Posted by CIA View Post
Crazy thing is, 3-5 years from now everything proposed today may be built and there will be literally hundreds of other developments to follow. How can one keep up??
Almost a year later, and this holds true. A lot of projects that where proposed in Q1 of 2016 are now starting to rise. From your skyscrapers to high rises to mid rises. I'd say NY has a good retention rate with proposals manifesting into construction. The odds are just better. Out of a hypothetical 100 projects, I'd say 85/100 would rise in this market assuming they cater to the right price range. You don't hear that much about projects being canceled. Not as much. If anything, a height reduction once in awhile but for the most part, its a gravy train of towers.
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