News for hackers. Stuff that matters.

A comment on Manhattan rents cross $5k threshold for first time. Parent comment

Re:Manhattan rents cross $5k threshold for first time by EricDeb on Thursday July 14, 2022 @01:13PM (#32098808)
but what if they just build more 1000ft tall buildings with only 40 uber-luxury units? how does that help?
[ Parent | on HN ]
Re:Manhattan rents cross $5k threshold for first time by hpkuarg on Thursday July 14, 2022 @01:54PM (#32099345)
It sounds like incentives in Manhattan are stacked in a way that 1000ft tall buildings with only 40 uber-luxury units are the only kind of buildings that can be profitably built.
[ Parent | on HN ]