"Developers continue to report higher conversion rates on Amazon compared to other platforms, " said Paul Ryder, Vice President of Apps and Games for Amazon.
The Department of City Planning report even cites conversion to hotels and condos as one of the drags on the ability of Midtown East to compete with the likes of Shanghai and Hong Kong.
The report also calls for the conversion of obsolete commercial and office premises to meet the growing need for homes for people being left stranded by the rise in house prices.