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by pottertheotter
1031 days ago
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Yeah, there's a lot of nuance here that is being lost. The second paragraph says: "Take for example 34 E. 68th St. in Manhattan: The 1879 row house, located in the Upper East Side Historic District, once housed 17 separate apartments, according to property records. Now, it is a 9,600-square-foot single-family mansion after changing hands for $11.5 million in 2011 and a subsequent gut renovation." 1879 and an average of 565 sqft each. I don't think what those apartments were is what we want today. |
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That's ~50 m^2, pretty decent for young people (can have separate living room/bedroom/bathroom/kitchen if split properly)
So, instead of housing 17-34 young people that could contribute a lot to the area it now houses a single family.