Submitted by rootbeer_racinette t3_zfxjr2 in nyc
Head_Acanthisitta256 t1_izhhn5m wrote
Reply to comment by national_wildant in New York’s ‘zombie’ office towers teeter as interest rates rise by rootbeer_racinette
Trickle down philosophy is a fairytale. Less wealthy people(whatever that means)weren’t moving to adjacent neighborhoods in the first place. Battery Park, TriBeCa, Chinatown, are already unaffordable thanks to new developments in those areas along with new developments in FiDi. Just call it what it is the city as a whole is becoming a yuppie wasteland.
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