New York City Tackles Housing Crisis With Midtown South Rezoning Plan
Rezoning of 42 Midtown Manhattan blocks will enable nearly 10,000 housing units, including about 3,000 permanently affordable, and encourage office-to-residential conversions.
Local opposition to tax abatement for a cryptocurrency mine highlights community concerns over corporate influence and transparency in decision-making.
Residents were not adequately informed about the cryptocurrency mining expansion before approval discussions.