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this post was submitted on 29 Sep 2026
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
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Our Goals
- Higher wages for underpaid workers.
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- Better and fewer working hours.
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How does converting an office building have zero cost?
No cost to the city. Sounds like some other entity foot the bill.
https://www.nyc.gov/mayors-office/news/2026/09/mamdani-administration-advances-plan-to-build-nearly-4-000-new-h
Following a competitive request for proposals process, the city selected GFP Real Estate to develop the site.
Note it said only 1,000 affordable residences, but 4,000 overall. A real estate company is happy to cover the cost and cede 1,000 units to affordable terms in exchange for 3,000 residences at market rate.
They rent them out, so likely had a contractor do the conversion and then woth the rental income cancels out the cost. "No cost" is also just what that post used, doubt official documents say no cost.
It seems like a significant cost is in reading the whole sentence.
No cost to the city as explained in comments written long before yours in this thread