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New construction homes offer a variety of features for every type of buyer. However, a few key differences set them apart from their resale counterparts. For example, closing costs on NYC new development can easily hit 5% of the purchase price, while they only top out at 3% on resales. This is largely due to transfer taxes and the sponsor’s attorney fee and superintendent’s apartment contribution. 2. Energy-efficient homes When it comes to purchasing a new home, many buye