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Different States of Construction

CoStar Insight: Varying Rules in New York, New Jersey Could Make a Big Impact on the Regional Multifamily Market
By Adin Perera
CoStar Analytics
April 1, 2020 | 9:10 P.M.

The coronavirus pandemic has forced government officials at all levels into action as governors, mayors and others weigh the balance between protecting public health and protecting the economy. Varied responses from different governments can make a large impact on a metropolitan area composed of multiple states and jurisdictions, such as New York City. While the tri-state area of New York, New Jersey and Connecticut has enacted similar policies, such as the temporary banning of foreclosures and evictions, they so far have issued differing rules regarding construction.

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News | Different States of Construction