I’m interested to see what this does to rents overall. I assume these will not be as affordable as everyone would like/assume, at least not in the next few years, and will drive up rents in larger spaces.
But I’m glad we’re trying SOMETHING in order to combat the problems with affordability; let’s just hope we don’t even up reviving how the other half lives.
Challenge is that NYC regulates the operation of sros so much that you'd have to be insane to build them under the current rules.
Kind of a shame, as lots of people basically just want a room to sleep in and a place to sit