Posted Nov 27, 2010, 5:32 PM
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BANNED
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Join Date: Apr 2010
Posts: 1,911
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When was NYC stagnant?
NY is a much bigger city than Chicago and is a much more important business center. It also has DRAMATICALLY more international buyers (and even domestic buyers seeking second homes). Therefore, it always has had (and always will have) a lot more construction than Chicago.
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