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it seems clear to me that there is a short-term public benefit to rezoning soho/noho and creating a lot of low income housing in one of the city's wealthiest neighborhoods.
it's also clear to me that the rezoning will create an immense amount of value (in one of the most valuable real estate markets in the world) for the developer class!
which makes the longer-term costs/benefits harder to gauge! this is not the argument that is being made tho. the argument that is being made is "affordable for who" and its exclusionary and silly when applied to soho/noho!
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