is one of the reasons that developers run the city, de Blasio has disabled the Landmarks Preservation Commission, and why Manhattan (and Brooklyn is becoming) is so grotesquely overbuilt.
Cem S. Kayatekin at The Conversation outlines a way out of the morass:
“To meet the dual challenges of affordability and climate change, New York must wrest its financial livelihood from the grip of property taxes, restructuring its economy such that the city’s municipal finances – and by extension, governance – serve a broader array of interests and sectors.”