[SamAdams76]

I work in New York City and the amount of construction there is insane. Over the past 10 years, Long Island City (Queens) and downtown Brooklyn have built more skyscrapers than most other major cities and now have their own skylines rivaling Manhattan across the East River.

[T.B. Yoits]

Real Estate development in Democrat cities is for laundering money.

An "overseas" corporation buys property with drug money and then borrows against it to obtain legitimate money.

From 2021: https://www.icij.org/investigations/fincen-files/a-kleptocrats-dream-us-real-estate-a-safe-haven-for-billions-in-dirty-money-report-says/

New rule from February 2024: https://www.reuters.com/world/us/us-seeks-crack-down-real-estate-money-laundering-new-rule-2024-02-07/