Quote:
Originally Posted by LMich
It's a win-win if you ask me, good on all the parties involved. In my mind, it disproves the stance of critics of this administration before it was even elected that any kind of demand from a city kills good development. This is how you work together for everyone's good.
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The irony is that on the day the deal was announced, this was the blaring headline in the Daily News...
De Blasio's demand for bigger ‘affordable’ apartments may doom Domino project
That's what the critics want to believe, and in fact, there
may be some instances where a developer backs off, and builds as of right. But the fact of the matter is that residential development is where the action is in the city, and those who can build want to and will when allowed.
What's more, with all eyes in the development world on this, they see how the game is played - you give more, you get more. De Blasio has already said he will build more housing by any means necessary, including more height. NIMBYs are on notice also. With more housing comes bigger buildings.
It should pretty much be a formality from here out for this development.
But the NIMBYs couldn't care less, reading the comment section below...
http://gothamist.com/2014/03/04/de_blasio_eats_rich.php