The city witnessed nearly 4,000 unit launches during the first quarter of 2015, registering a decline of 63% from the same period last year, said a Cushman & Wakefield report released on Thursday.

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The city witnessed nearly 4,000 unit launches during the first quarter of 2015, registering a decline of 63% from the same period last year, said a Cushman & Wakefield report released on Thursday.