I’m not familiar with the exact building restrictions in West Village but I assume there’s strict height restrictions that have been grandfathered in long ago...I’m going to guess these restrictions is the exact reason why the ultra wealthy can just buy up a small building and make it into a SFH, which obviously just exacerbates the housing problems in the neighborhood.
The story touched on this a bit but also seems like every time I visit half the stores are either closed or new because rents are so high for businesses. The only stores that I see have staying power are the ones that look like obvious money laundering fronts like jewelry stores. It’s this strange ghost town for retail.