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Old Posted Jul 2, 2014, 11:32 AM
Crawford Crawford is offline
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Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
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Quote:
Originally Posted by antinimby View Post
We've seen this before. Silverstein purposely as for pie-in-the-sky # of floors and height knowing he will have to negotiate that down. The mayor and his crew will then ask for a larger share of affordable units and we'll end up with a shorter, crappier tower.
I don't think the scenario you've described has ever happened, not even once. It's totally counterintuitive, as the city loses leverage and doesn't get what it wants.

If DeBlasio wants more affordable housing, then obviously the building will have to be as big as possible. A smaller building means less affordable housing. In fact, Silverstein can build an enormous building right now, with no affordable housing.

An example of what I'm describing happened with the Domino site in Williamsburg. The buildings grew in order to accomodate the subsidized housing interest groups.
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