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Updated almost 9 years ago,
New shopping mall - good or bad to rental property
I'm purchasing a 2-family house close to NYC. The town has re-development plan. Currently, there is a warehouse in front of the 2-family house. The warehouse will become a shopping mall or retail space on the ground and residential above. The road will also be expanded.
Is the increasing traffic good or bad for this 2-family house?
Thank you in advance for your input!