Re:Manhattan rents cross $5k threshold for first time
by neilparikh on Thursday July 14, 2022 @12:56PM
(#32098555)
It's more dense than other cities, but there's still a few problems. There was a huge controversy when the city tried to upzone SoHo/NoHo.
Additionally, the other boroughs aren't super dense. For example, much of the land next to LIRR is pretty low density, and even SFH [0]. Some people in Manhattan would be okay living there, so that does lead to higher rents in Manhattan.
Additionally, the other boroughs aren't super dense. For example, much of the land next to LIRR is pretty low density, and even SFH [0]. Some people in Manhattan would be okay living there, so that does lead to higher rents in Manhattan.
0 - https://www.planetizen.com/news/2021/06/113861-new-york-time...