has been built, or is likely to be built, in the Soho-Noho-Chinatown catchment area that was brutally upzoned two years ago. It was all in the service of affordable housing, so we were fraudulently told. At that time, it didn’t seem possible that our pols could shaft the city any more than they had. We were wrong.
Now here are again, with the same sham promises made to justify another–and even more consequential– windfall to the developers at the expense of the city. And yet self-proclaimed “progressive” politicians like my NYC Council Member Bottcher and NYS Senator Hoylman-Sigal are willing to shred their reputations and perhaps end-stop their political careers to go along with the fraud.
Reportedly, a deal has ben struck between Gov. Hochul, and the NYS Senate and Assembly on lifting the size cap on new residential construction. It is sure to be the latest betrayal of our city.
Let’s face it, NYC is on its way to becoming a fallen city. It is impossibly expensive and grotesquely over built. As we’re seeing here, public policy is principally made to benefit a tiny sliver of very wealthy business people.