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mrpotatoe3044 t1_izbrw6z wrote

>. As someone else stated there’s a lot residential and commercial vacancies in the city currently.

Ah, I see my mistake was presuming you had any amount of good faith in commenting. It's obvious you don't. But just to go through why you're so incredibly wrong.

NYC vacancies are at all time low https://www.globest.com/2022/09/12/nyc-multifamily-vacancy-rate-hovers-at-two-decade-low/?slreturn=20221107175941. This is a neglible amount of vacancies. 97% of NYC office buildings aren't viable for conversion to apt buildings.

"Not because of a “stock” shortage, but because they can afford to pay 3x the asking price"

This is factually wrong, once again. 97.7% percent of homes were sold for approximately the asking price.

https://www.noradarealestate.com/blog/new-york-real-estate-market/#:~:text=In%20September%202022%2C%20the%20median,the%20asking%20price%20on%20average

"Thats because the transit deserts are undesirable to the transplants, “because it’s too far from the subway”. Even though those communities have zero congestion"

Sounds a lot like someone drank the "pro-car" koolaid, your comment reeks like that of an entitled driver. I'm assuming you own a car lmao? The obvious answer here is to expand the MTA to these deserts and bus service.

Your entire argument is based on your anecdotal feelings & emotions. There is no merit to them, whatsoever. But i'm sure you will ignore this comment and call me a good for nothing transplant.

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