Has nothing to do with sanitization, frankly. It has everything to do with exploding rents, which themselves are due to the consolidation of commercial (and re

Has nothing to do with sanitization, frankly. It has everything to do with exploding rents, which themselves are due to the consolidation of commercial (and residental) ownership, changes in yield expectations from real estate, changes in global capital availability, and the benefits that accrue to owners at scale when property lies vacant. And the complete lack of energy or imagination from De Blasio. I have personally seen commercial rents rise by 10x in some extreme cases, from contract to contract, with 2x-4x being more common. When demand isn't there at those prices capital rich owners often can wait and take paper "losses" while the neighborhood takes real losses.