Comment by Finnucane

Never going to happen. NYC will always be expensive, no matter what. Buildable land will always be limited and expensive. Labor will be expensive. Materials will be expensive. Developers will always seek to maximize profit, so billionaires and Wall Street trader waving bonus checks and looking for investment-grade properties are going to get served before you. And you know what happens when developers perceive a 'glut' of apartments at the profitable end of the market? They stop building. The market doesn't promise that it will provide whatever you want at a price you can afford--it only promises to provide what it can at prices that are profitable to the seller.