[RoosterRedux]

Well, there are potential apartments galore in empty office buildings nationwide. It is estimated that there is 66 million sq ft of empty office space in NYC alone. That's 110,000 small apartments (600 sq ft) right there.

But wait, there's more. Space is opening up in a lot of blue cities as retail stores leave town. Lofts galore!

[Clemenza]

All cities are blue and believe it or not NYC remains extremely expensive to buy or rent and people do bid on townhouses even in crappy neighborhoods in the boroughs. Agree that there needs to be rezoning for more residences - BTW: lots of vacancies in office parks in “red” states as well and malls have been closing everywhere for the past 15 years as more people work and shop from home.