The changes were brought on by the city’s surging commercial energy, and accelerated by this year’s rezoning to allow apartment conversions where they were previously forbidden.
I want NYC housing to be affordable, too — but I want it to be affordable to working- and middle-class people who pay taxes and respect the civic order.
JLL reports that leasing volume and rents across the district’s 95.6 million square feet increased noticeably in the third quarter over the same period last year.