NEW YORK CITY-For developers Hudson Cos. and Related Cos., market conditions have now improved for the sales of apartment units on Roosevelt Island. Related has reported that they have sold 70% of their 123 condominium unit, while some were still in the market at a lower price.
Also the 242-unit rental apartment is almost fully rented and developers are doing away with offers that were used to attract tenants. For the full story, go to Wall Street Journal.
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