What Anthony Weiner Would Mean for Real Estate

“For every developer who has seen an investment turn into a real estate bonanza, there’s a family in a neighborhood like Sunnyside trying desperately to keep up with a rising property tax bill. For every strip of stores that celebrated the opening of a more convenient Starbucks, there’s a hardworking middle class family struggling to put their kids through college on the profits earned by a family-run business,” writes Anthony Weiner in his “Keys to the City” [PDF], a policy document that was released a few weeks before Wednesday’s announcement of his mayoral candidacy.

The term “middle class” is prevalent throughout, as it was in the 2012 presidential campaign. But campaign-speak aside, Weiner does articulate a number of specific changes through a list of 64 reforms. For transit, he supports the expansion of ferry service to serve Rockaway, Sheepshead Bay, Riverdale and Harlem. He wats cell phone service on every subway platform – probably a daunting cost for the cash-strapped MTA. He wants city tax breaks for employees who bike to work.

Weiner’s real estate proposals would likely be contentious. He wants…

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