Remix.run Logo
delichon an hour ago

New York City: Hold my Negroni aperitivo. I have faith in the Big Apple administration's ability to become a leader on this metric.

woodruffw 36 minutes ago | parent | next [-]

NYC appears to be at least somewhat ahead on converting older office stock to residential stock, and I don’t expect the current administration would attempt to slow that down (it has no particular political valence in the city that I can discern).

Terr_ an hour ago | parent | prev [-]

According to the graph in the article, NYC is doing about average, and LA/SF are the other front-runners.

ro_bit 6 minutes ago | parent | next [-]

SF will recover after a few more AI billboards

freedomben 42 minutes ago | parent | prev [-]

It will be interesting to see how that changes with mamdani. Depending on who you ask, it will either bring in the Utopia or it will be a devastating waste, but very few people expect not much to change.

Thing is, it takes years to move so it will be a while until we see the results. Regardless of which side you tend to be on, it seems like it will be a useful experiment!

burritoAlPast0r 32 minutes ago | parent | next [-]

"Regardless of which side you tend to be on, it seems like it will be a useful experiment!"

I strongly disagree.

jonfromsf 29 minutes ago | parent | prev [-]

Mamdani is going to destroy the entire pre-1974 multifamily housing stock of the 5 boroughs. It will happen really quickly (values already down 40%, 11% of owners are behind on their mortgages).

zbentley 5 minutes ago | parent | next [-]

Even if (a big ‘if’) that’s true, how is stock being destroyed? Investment returns maybe, but not supply.

garbawarb 25 minutes ago | parent | prev [-]

How will he do that?