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

Re:Manhattan rents cross $5k threshold for first time by pgodzin on Thursday July 14, 2022 @05:31PM (#32101696)
Maybe because Greenpoint and LIC became a lot more in-demand in those 20 years and development followed the demand?
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Re:Manhattan rents cross $5k threshold for first time by m_ke on Thursday July 14, 2022 @05:49PM (#32101866)
You have that backwards. Bloomberg rezoned the queens and brooklyn waterfront for his real estate investor buddies, which gentrified the shit out of these neighborhoods and brought in a ton of people that would have never dared to cross the east river.
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Re:Manhattan rents cross $5k threshold for first time by pgodzin on Thursday July 14, 2022 @06:46PM (#32102308)
So they allowed housing to be built to meet the demand of living on the waterfront.
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