NEW YORK CITY-A developer is planning to buy a city-owned land to build a $40-million apartment building. Tahl Propp Equities, which owns nearly 3,500 apartments in Harlem, is looking to purchase the undeveloped public land located near Park Avenue and East 107th Street to construct the 200,000-square-foot building.
The proposed building will have 200 affordable housing apartments. The development site is owned by the city's Department of Housing Preservation and Development. For the full story, go to Wall Street Journal .
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