Relevant:
- AvalonBay to Bid on Hunter's Point Middle-Income Housing Project in Queens
- Empty apartments in Manhattan reach record high, topping 13,000
- U.S. Apartment Vacancies Hit 23-Year High of 7.8%
- Apartment Vacancy Rates in U.S. to Decline in 2010, CBRE Says
- ‘The Market Is Saturated': Brooklyn's Rental Boom May Turn Into a Glut
2010-02-18 — bloomberg.com
" AvalonBay Communities Inc., the second-largest publicly traded apartment owner in the U.S., plans to start $400 million of construction this year, a wager record vacancies will give way to a rental shortage by 2012."
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