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De Blasio allots $250M to keep subsidized units from market rates

De Blasio allots 0M to keep subsidized units from market rates
Mayor de Blasio is putting up $250 million to keep more than 15,000 subsidized Mitchell-Lama apartments from going to market rates. Speaking at the Ryerson Towers in the Clinton Hill section of Brooklyn, de Blasio said the eight-year investment would keep rents down at Ryerson and other Mitchell-Lama developments. He said it is part of…

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