Yeah I'd be curious to know more about how they envision that slow conversion playing out. I don't love all the 30 or 40-story condo buildings that have been bu

Yeah I'd be curious to know more about how they envision that slow conversion playing out. I don't love all the 30 or 40-story condo buildings that have been built a few blocks away from me in Williamsburg over the past 10-15 years, but people do need places to live in NYC. To really get the density bump in their conversion formula we'd have to demolish avenues of buildings. It's unlikely we can just convert large swaths of three story townhouses to, say, six story buildings like you see in Paris. So we end up with new 40-story buildings in places that were formally zoned for industrial. I mean, I'm all for trying it, but we probably should have done it 30 years ago since the rent is too damn high now.