Challenge is that NYC regulates the operation of sros so much that you'd have to be insane to build them under the current rules.

Kind of a shame, as lots of people basically just want a room to sleep in and a place to sit

I’m interested to see what this does to rents overall. I assume these will not be as affordable as everyone would like/assume, at least not in the next few years, and will drive up rents in larger spaces.

But I’m glad we’re trying SOMETHING in order to combat the problems with affordability; let’s just hope we don’t even up reviving how the other half lives.