Submitted by ctnutmegger t3_10mm3pa in nyc
neutral_cloud t1_j64g0re wrote
Reply to comment by York_Villain in NY attorney general weighs in: Harlem truck depot could be illegal by ctnutmegger
The individuals and young couples who would have taken those apartments have to live somewhere, and now they will move into legacy housing instead. So killing this project guarantees more ongoing displacement. ETA: It's also not just the lack of compromise, it's also that these delays and additional reviews themselves cost the developer money that they would have spent on building the project, so the more it drags out, the more they bleed money, and the more they are likely to give up. It's not simply that they have a bad attitude, though of course they may also have a bad attitude!
[deleted] t1_j65lpy0 wrote
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York_Villain t1_j64j5gf wrote
Yeah. The developer is taking their ball and going home.
The councilmember said they'd vote yes if the developer allocated some of the apartments as 2 and 3 bedroom ones. The developer pulled the project instead. Who is being unreasonable in that scenario?
Lastly, if the developer is so strapped for cash, then why are they now proposing a low margin parking lot? That says they aren't strapped for cash.
spicytoastaficionado t1_j64zo6z wrote
>The councilmember said they'd vote yes if the developer allocated some of the apartments as 2 and 3 bedroom ones.
Her official proposal was for 100% affordable units, with at least 57% going to 30% AMI tenants.
She also complained about the project being too large.
To act like this dispute was over the amount of 2-3BR affordable units is not only dishonest, but it is a lie that is contradicted by KJR's own words.
neutral_cloud t1_j64myx2 wrote
Unfortunately, only the developer gets to decide how strapped for cash they are or aren't. The NYT reports that the council member had quite a few other demands, not just adding a couple 2- and 3-beds. Do you have a link to where she says she dropped all her other demands regarding this project except for this one?
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