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psychothumbs OP t1_j64enr1 wrote on January 27, 2023 at 5:11 PM

Reply to comment by damnatio_memoriae in Mayor Adams unveils proposal to convert Midtown offices into apartments by psychothumbs

The problem is it's not like there's just one landlord or just one developer. They are competing against each other in a market. The way they have controlled supply for many decades now is with legal restrictions on new supply.