San Lumen wrote:It wouldn’t be so expensive if buildings like this were illegal
Do we know this for sure, however? It isn't like these buildings are being built for no reason. It costs more in maintenance and utilities to keep an existing building vacant. There are apparently wealthy types from overseas or from other places in the US that're able to pay NYC rents or for NYC real estate. NYC is a massive international city that is the US financial center, trading hub, etc. which is flush with cash; so of course it is more expensive to live there.