New housing developments almost always will raze a decades old building with 3 or 4 apartments per floor for a shiny new building with 1 or 2 "luxury" apartments per floor. This is partly due to zoning (affordable housing is effectively illegal at a municipal level) and partly due to the housing market (the working class cannot afford to purchase new housing, they must rent the old).

Do people in Bed Stuy (or the rest of the city) organize against new construction that reduces supply?

The answer to your question is that people in Bed Stuy and NYC in general organize against ALL new construction.

> I think it's fair to say that, the more pressure there is to meet short-term obligations, the higher the crime rate.

I don't understand what that means. Pressure on whom? Property owners paying down debt? Residents paying for an Airbnb or rent?

I'll take a stab at rephrasing the parent post: "desperation leads to crime".