Fun fact: during the Bloomberg administration, more land was actually downzoned and upzoned. https://www.politico.com/states/new-york/city-hall/story/2014/02/th

Fun fact: during the Bloomberg administration, more land was actually downzoned and upzoned. https://www.politico.com/states/new-york/city-hall/story/2014/02/the-quiet-massive-rezoning-of-new-york-078398 https://www.politico.com/states/new-york/city-hall/story/201... This had the effect of driving all the developers into fewer land parcels, hiking up prices. New York has not substantially deviated from this zoning model since then.