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NEW YORK CITY — Locally based firm Stav Equities will develop a 16-unit apartment building in The Bronx. The site is located at 917 Home St., and the units will be rented at market rates. Christian Dedvukaj of Princeton Realty Group represented both Stav Equities and the seller, the Saez Family, in the off-market acquisition of the land. The parcel sold for $715,000. Information on floor plans and a construction timeline was not disclosed.