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Yes, debris may damage windows. However, the cost of that is miniscule, compared to the cost of having a partly finished building sitting on a lot... wages, taxes and construction loan interest must all be paid while the building is being built. The sooner the building is built and turned over to occupants, the sooner the developer can start repaying the loans. Also, windows on highrise buildings are pretty strong because they have to withstand being hit by high winds. They are also protected by some kind of plastic until the risk of damage during construction is gone.
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