(To read more on the multifamily market, click here.)

NEW YORK CITY-Construction has begun on the 100 11th Ave.condominium project. Designed by architect Jean Nouvel, the23-story building will contain 72 residences enclosed in an allglass mosaic facade and is being developed by Cape Advisors Inc.with Alf Naman Real Estate Advisors.

A spokesperson for the project declined to offer a constructioncost for the project, which will be located at 11th Avenue and 19thStreet.

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