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Author: aarmlovi.bsky.social (did:plc:b3nrqlsypf6ucyxy3zkis3up)

Record🤔

uri:
"at://did:plc:b3nrqlsypf6ucyxy3zkis3up/app.bsky.feed.post/3l4fbo2dykf2f"
cid:
"bafyreic47toc57rhdc4ifn2cex3zzmrx4haq3w4zexpavros6zponialom"
value:
text:
"So in NYC, hard cost for hirise condo is $450/sqft. Manhattan condos sell for >$1000/sqft

If you abolish zoning tomorrow, landowners can print floors on buildings for just $450/ft & dump them on the market til prices fall below a ~7% ROC for the incremental units. Well below $1000/ft"
$type:
"app.bsky.feed.post"
langs:
  • "en"
reply:
root:
cid:
"bafyreic5iq37bv4jg2uxyt6bz6n326iq3ch2is52vakh2gxbkz6kj2vubq"
parent:
cid:
"bafyreibnxdc2wyul7cqrutg7zjonh5qa42ziyli6ku7txcwykfwnuvaqwe"
createdAt:
"2024-09-18T00:30:00.144Z"