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The real cost of a mansion

Transformation of multiunit dwellings to single-family houses changes a neighbourhood

The 11 apartment in this building in Brooklyn Heights were converted into a single-family mansion with a price tag of nearly US$16 million.

New York

FOR the past two years or so, my daily comings and goings have taken me past a building on my Brooklyn Heights block ripped down to the studs by a developer with the ambition of returning it to the market as a five-story brownstone for US$18 million.

Renovations are...

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