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Re: Why NYC could benefit from municipal bankruptcy

Posted by 3-9 on Fri Apr 26 17:55:02 2024, in response to Re: Why NYC could benefit from municipal bankruptcy, posted by Peter Rosa on Fri Apr 26 17:21:00 2024.

Trying to maintain factories nobody wants for decades when somebody is willing to use the property for more profitable purposes isn't really helpful either. That would've constrained the city for decades and maybe even blighted those areas. Besides, how many of those factories and warehouses were repurposed into residences and small business locations? Examples: Domino Sugar, DUMBO, Swingline.

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