"This case affects every unsold apartment in the city," he said.

When the market crashed, they changed their approach and rented out the unsold vacant apartments.

At present, we have four unsold apartments that the sponsor has rented out.

The most recent of five price adjustments occurred March 13, when prices on smaller unsold apartments were raised $1,000.

Since then, the unsold apartments have been rented, with rare exceptions.

That inventory of more than 10,000 unsold apartments could prevent prices from rising quickly in any recovery.

The unsold apartments might be offered again at a future auction at a lower price.

"What's a judge going to do, sign an order saying the sponsor has to sell all of his unsold apartments?"

At worst, their unsold apartments have been languishing on the market for more than a year.

Since 1989, the 330 unsold apartments have been rented out.