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2011-01-05 — housingdoom.com
"Condo excess has become rental excess in downtown Phoenix. The biggest symbol of “condo mania†downtown is 44 Monroe. 44 Monroe is the tallest condo tower in the state of Arizona and the third largest building in the state. Built too late for boom, it was finished in Fall 2008 and the developer went into bankruptcy in 2009"
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