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JeromePowellAdmirer t1_j5kj0u5 wrote

Reply to comment by NetQuarterLatte in Opinion: NYC’s residential floor area ratio cap must go by ayyyyyyyyyyyyyyyyyyy

Always gets me when people complain about that, just raise taxes on it and have fun with the free money.

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NetQuarterLatte t1_j5klczw wrote

We have lots of unused empty space in the sky.

Free money and jobs when constructing, free money with transfer taxes, free money when they pay property taxes.

And when they visit the NYC once or twice a year, let them spend money here too. Billionaires can go anywhere in the world. NYC is one of the few cities in the world positioned to capture their consumption money by the shovels.

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