BROOKLYN, NY-Clipper Equity's second run at the 14,000-resident complex is being rejected. But the would-be owners are hanging in, insisting affordability won't go away.

'You're taking a place with a tremendous need and turning it around.'

'It's difficult to compare consolidation in one market with the developments in other markets.'

'It's difficult to compare consolidation in one market with the developments in other markets.'

NEW YORK CITY-Cushman & Wakefield is turning from Japanese. Italian investment trust Ifil has closed on its purchase of a 71.5% stake in the New York City-based services firm.

NEW YORK CITY-Cushman & Wakefield is turning from Japanese. Italian investment trust Ifil has closed on its purchase of a 71.5% stake in the New York City-based services firm.

NEW YORK CITY-Cushman & Wakefield is turning from Japanese. Italian investment trust Ifil has closed on its purchase of a 71.5% stake in the New York City-based services firm.

'The difference between public and private valuations will be self-correcting.'