Starrett City Latest Victim of Economy, No Longer For Sale
February 19th, 2009
In yet another sign of just how affected even the New York City market has been by the faltering economy, the owners of the massive Starrett City multi-family complex in Brooklyn have given up on a plan to sell the property for more than $1 billion, according to the New York Times. The news is the latest troubling development in a New York market that has far from escaped the economic malaise gripping the nation.Entry Filed under: News
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