I think it's highly unlikely to result in positive effects. I would be hoping that it only harms NYC economic condition "a little", as the best case outcome.
This falls solidly in the "it sounds good but causes significant negative unintended consequences" bucket of regulation, like the rest of NYC's many regulations that led up to this point.
This falls solidly in the "it sounds good but causes significant negative unintended consequences" bucket of regulation, like the rest of NYC's many regulations that led up to this point.