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New York Skyline Sees Boom In Super Tall Skyscrapers

New York Skyline Sees Boom In Super Tall Skyscrapers

More than a dozen super tall residential towers are under construction. Many of the global ultra-rich who buy these apartments spend just a fraction of the year in them. Critics say they're paying a much lower tax rate than full-time New York residents. But defenders say these luxury buildings support good jobs and contribute to the local economy.

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