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Old Posted Jul 18, 2014, 9:08 PM
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RobEss RobEss is offline
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Join Date: Jan 2013
Location: Brooklyn
Posts: 489
Quote:
Originally Posted by Submariner View Post
I'm curious as to why they need a height reduction? What quantifiable, legitimate reasons do they have? (Yes, that's a rhetorical question)

The 30% affordable housing requirement is rubbish as always. Affordable housing should be located in less expensive areas, not on prime waterfront land, unless lower Manhattan views and top tier appliances are a civil right now.

I don't know which group is worse, the insufferable NIMBY crowd or the economics challenged affordable housing folk.
Makes sense to me - most developers will be loathe to put up any actual affordable housing if the could instead build market rate, no matter the location of the lot. So, how do you get them to house the coming masses when every space is at a premium? Require them to build affordable housing in exchange for cooperation on the mayors behalf!

Remember, folks: The free market will not build an affordable city if it doesn't have to.
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