Leasing Begins for New York’s First Micro-Apartments

Re:Leasing Begins for New York’s First Micro-Apartments by ghaff on Tuesday February 09, 2016 @01:21PM (#11067440)

Or not, because there would be a lot less business transacted in Manhattan as well without skyscrapers and therefore probably less demand to live there.

But I'm not arguing your basic point. I'm just saying that you can have a lot of high rises and still have very expensive housing. Building more tall residential buildings may indeed be part of the answer to astronomical rents in a given city but they're not, by themselves, the cure-all they're sometimes portrayed as.

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Re:Leasing Begins for New York’s First Micro-Apartments by mahyarm on Tuesday February 09, 2016 @01:46PM (#11067642)

Prices in manhattan & co are less than SF, and the rate of increase is in the single digits per year vs. the doubling we've had in 3-4 years here in the bay area. That is why it's not much of a price shock for NYC.

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