More Evidence that Upzoning Makes New York Less Affordable, Not More, and the Reality Deniers
On the heels of Village Preservation’s recent op-ed citing recent analyses that show that upzonings not only don’t help but often harm affordability, a new, even more extensive survey of recent housing prices in New York City shows this phenomenon even more clearly, and undermines the twin arguments that upzoning helps affordability and that landmarking or contextual zoning protections harms it. In a new piece, Village Preservation has crunched the numbers, and they show quite conclusively, in real time, how flawed this argument is.
In spite of this indisputable empirical evidence, upzoning advocates, like climate-change deniers and anti-vaxx conspiracy theorists, refuse to acknowledge and recognize the facts. And their minions inside and outside city government like the Mayor push upzoning plans like the current SoHo/NoHo/Chinatown upzoning, claiming it will help make our city more equitable and affordable, when the exact opposite is true. Village Preservation is committed to fighting back against this 21st century flat-Earthism, which will clearly lead to more such upzoning plans throughout our city and neighborhoods, and to promoting means to truly maintain and expand affordability in our city and neighborhoods.