I live in NYC and think the politics in the city and state have been a disaster for middle class people and see this as a continuation of that.

The electricity is expensive basically due to the state, so we have to block economically productive projects like data centers because we made our resources artificially scarce. I.e. Indian Point 2 GW Nuclear Site was shut down in 2021, replaced by Natural gas. And then we pay high prices for Natural Gas since we block building of gas pipelines.

NYC is also home to some of the worlds most productive financial and tech companies - it makes tons of sense to have datacenters located close by for latency reasons.

All these laws that block tons of economical construction are made by people who have already "made it" financially and then the class who benefits by having a robust construction, manufacturing, and machining type economy is screwed and we need to turn to destructive measures like rent control.