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M. Nolan Gray 🥑
@mnolangray
Prior to 2025, it was illegal to build a residential building with an FAR over 12 anywhere in New York. Eliminting that cap was long a project of YIMBY groups such as Open New York. Laws change, housing gets built.
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Norman Oder
@AYReport
A YIMBY fever dream? State plans 3,950 apartments on two sites near Hudson Yards normanoder.substack.com/p/a-yimby-feve One might have a Floor Area Ratio well> 30 & be the country's densest residential building. Another might have the most units in a single tower. @trdny @w42st @MASNYC
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David Watson 🥑
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Sallah Shabati
@kodkod87
That's never going to get built. The costs are too exorbitant when you build up versus the rents that they can command. If the state wanted to relax it's prevailing wage requirements it might happen but otherwise without massive subsidies it's never going to happen.
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