"I live in the 'hood and every night it literally looks like 20 apartments have their lights on. And I mean like 9pm EVERY DAY. FOR MONTHS. The building might be '70% sold' but it's like 10% occupied. My guess is (if the number is true) that an obscene number of sales were for speculators and flippers. What a disaster. One bedrooms facing Manhattan in that building now rent for $2400." [Construction Watch: Burg's Two Northside Piers]
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