You still need gas for heat and for hot water. NYC is cold, heat pump versions of those work, but not very well (especially not well for hot water).
And for apartment centralized heat and hot water? That would be really hard - these units are much later than the centralized ones they replace.
The amount of electricity it would take to do this though.... I hope they plan for this to take decades, because that's what it would take for them to upgrade their wires.
Pros: units can control their own heat and will no longer need in-window A/C units. Cons: it's really expensive, even for a building with good finances and access to reasonable financing options.
We're only doing this because our boiler is probably a few years away from failing already (it's well over 50 years old), and we're super close to the building size threshold where we would be fined for not complying with the law (so any adjustments to how they calculate building size or dropping the law's fine floor would certainly push us over).
With resistive heat? That would be a horrible idea.
And creating steam with a heat pump would be less efficient than gas.
So like I said, they have not thought it through.
Your parent comment said resistive heating is terrible for heating houses, which it is.
You replied Induction... Look it up. Induction is still resistive heating and doesn't create more heat for the same electricity, so what are you talking about?
This entire subthread is useless when you missed the original comment: https://news.ycombinator.com/item?id=35393157
What is it that you are trying to say? Inductive heating has no benefit over regular resistive electrical heating for heating a house, because it is already resistive heating. For a stove it just transfers the resistive heating to the pan directly instead of using an iron coil burner first.
All you did was make a sarcastic comment but there is no context where it makes sense and it's even more bizarre that you think other comments help it make sense.