Submitted by ayyyyyyyyyyyyyyyyyyy t3_10j5c48 in nyc
NetQuarterLatte t1_j5klczw wrote
Reply to comment by JeromePowellAdmirer in Opinion: NYC’s residential floor area ratio cap must go by ayyyyyyyyyyyyyyyyyyy
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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