The City Council’s latest idea for screwing up housing ...Middle East

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The City Council’s latest idea for screwing up housing
source : New York Post ( Middle East ) () 24
As if the record vacancies and ever-rising property taxes weren’t enough, the City Council is looking to add a pricey sprinkler mandate on all apartment buildings taller than 40 feet. The Community Housing Improvement Program, a collection of over 4,000 housing providers, estimates that the bill would require $20,000 in work on every apartment, plus...

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