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A team of investors led by Todd Lippiatt of Aristone Realty Capital
has e to the rescue at 245 10th Avenue, the 11-story condominium near the High
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Mayor Michael Bloomberg’s budget
director has ordered a 20 percent reduction in planned spending for the city’s
10-year construction plan, due to the struggling economy. It’s unclear which
projects will be cut, but budget director Mark Page asked the city to identify
work that can be postponed or canceled.
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