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Major Developments in the Big Apple and the Aloha State Help Boost Multifamily Construction Starts

Rise in Construction in March Offsets a Decline in Single-Family Building
A rendering of Kauanoe O Koloa, a condominium development on the Hawaiian island of Kauai. (Meridian Pacific)
A rendering of Kauanoe O Koloa, a condominium development on the Hawaiian island of Kauai. (Meridian Pacific)
CoStar News
April 22, 2022 | 9:19 P.M.

Two New York City apartment developments and a condominium project roughly 5,000 miles away in Hawaii played a big part in boosting multifamily construction starts in March, a reflection of how strongly this real estate sector has recovered from the pandemic's first year.

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