mdervin
mdervin t1_j20ewcb wrote
Reply to comment by Bubble_Bowl_MVP in Opinion: New York finally has momentum on housing and it’s time for a breakthrough by King-of-New-York
and what happened to rents during the pandemic?
mdervin t1_j203lyd wrote
Reply to comment by Bubble_Bowl_MVP in Opinion: New York finally has momentum on housing and it’s time for a breakthrough by King-of-New-York
An apartment in Harlem is 4K a month because there are a bunch of people who can afford 4K for a Harlem apartment, but they can't afford 6K for a midtown apartment.
Between 2010 & 2020 NYC's population increased by 800,000, between 2010 & 2020 about 80,000 apartments were built.
mdervin t1_j2028z7 wrote
Reply to comment by Bubble_Bowl_MVP in Opinion: New York finally has momentum on housing and it’s time for a breakthrough by King-of-New-York
now why would the same apartment downtown be 20-50% higher than uptown?
Because landlords/developers can charge more money for more desirable neighborhoods.
mdervin t1_j200w2p wrote
mdervin t1_j1zwx3x wrote
Reply to comment by Bubble_Bowl_MVP in Opinion: New York finally has momentum on housing and it’s time for a breakthrough by King-of-New-York
And Lobster is more expensive than chicken.
Compare the price of a new 1-bedroom apartment in midtown with a 1 bedroom in Harlem, which one do you think has the bigger profit margin?
mdervin t1_j1zkr8s wrote
Reply to comment by Pool_Shark in Opinion: New York finally has momentum on housing and it’s time for a breakthrough by King-of-New-York
Edit: Buddy, I'm on reddit way more than I'd like to be.
If it was that easy you'd be able to show at least one link.
Such as:https://www.reddit.com/r/yimby/comments/navop8/from_a_yimby_point_of_view_does_airbnb_contribute/
https://www.reddit.com/r/yimby/comments/a4v72g/why_bother_fixing_our_policy_problems_when_we_can/
mdervin t1_j1zh8gw wrote
Reply to comment by Pool_Shark in Opinion: New York finally has momentum on housing and it’s time for a breakthrough by King-of-New-York
>These YIMBYs claim they want housing prices to go down but when you mention other issues like Airbnb’s, vacancy taxes, or converting office buildings they get offended.
Citation needed.
mdervin t1_j1zh572 wrote
Reply to comment by Brambleshire in Opinion: New York finally has momentum on housing and it’s time for a breakthrough by King-of-New-York
What's more expensive, a new or used car? New or used clothing?
As a general rule, it's obviously new. New stuff is more expensive than old stuff.
Developers don't want to build "luxury" buildings in poor neighborhoods, they would rather build in Manhattan below 110th or certain parts of Brooklyn and Queens near good reliable transportation because they would be able to sell/rent the places for a lot more, but we don't let them. Our Zoning, Historical Districts and other laws force them to build in Gentrifying areas. Why do people gentrify neighborhoods? Because they can't afford or find anything in their desired neighborhoods.
mdervin t1_ix0pl80 wrote
Reply to comment by sundaysarelikethat in Manhattan woman whose dog plunged three stories to its death gets her animals back by NYY657545
Kids were more independent back then.
mdervin t1_ix0piro wrote
Reply to comment by Frankiesales_ in Manhattan woman whose dog plunged three stories to its death gets her animals back by NYY657545
Soho wasn’t 1280 a month back in 2007.
mdervin t1_ix0dv18 wrote
Reply to comment by sundaysarelikethat in Manhattan woman whose dog plunged three stories to its death gets her animals back by NYY657545
Because she moved there in 1984 when it was nothing, laying the foundation for what Soho is today.
You are a late stage gentrifier.
If you want a cheap apartment in a hot neighborhood, be born in the early 1960's.
mdervin t1_j20h6og wrote
Reply to comment by Bubble_Bowl_MVP in Opinion: New York finally has momentum on housing and it’s time for a breakthrough by King-of-New-York
because the pandemic is over and those 400,000 moved back into the city and some brought friends.