You have that backwards. Bloomberg rezoned the queens and brooklyn waterfront fo... | Hacker News

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		m_ke on July 14, 2022 \| parent \| context \| favorite \| on: Manhattan rents cross $5k threshold for first time You have that backwards. Bloomberg rezoned the queens and brooklyn waterfront for his real estate investor buddies, which gentrified the shit out of these neighborhoods and brought in a ton of people that would have never dared to cross the east river.

pgodzin on July 14, 2022 [–]

So they allowed housing to be built to meet the demand of living on the waterfront.

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