Quote:
Originally Posted by NYguy
Hardly.
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Just off the top of my head I can point you to several brand new and completely vacant structures that have sat empty for nearly 3 years. This is just a lot of bloviating out of city hall. They know better than anyone that New York went through a building blitz that the market hasn't absorbed, just like Chicago and Miami. And they know that a lot of those brand new buildings sit empty, especially in Brooklyn and Queens. So when they try to argue that the city must be larger because there are more housing units... The argument just rings extremely hollow.
Then balance that much with all of the working and middle class people who are being priced out of neighborhoods that were long time working/middle class enclaves and this is really no big surprise.