New York Times editorial board backs more development

Grey Lady cautions against Nimbyism as city faces 'dire' housing need

TRD NEW YORK /
Sep.September 02, 2014 10:01 AM

The best way to increase New York City’s affordable housing stock is to induce the private market to grow it, writes the New York Times editorial board.

The board has come out against NIMBYism, saying that deals need to be cut with developers and the city needs to grow upwards. It dismisses a lawsuit meant to derail a residential tower development at Pier 6 in Brooklyn Bridge Park as a battle being waged by 1-percenters who want to keep the park uncluttered by new housing. And the board writes that the controversy over the “poor door” at Extell Development’s 40 Riverside Boulevard misses the point that the building will economically integrate a block.

“Nimbyism has its place — when the offending structures are illegal toxic-waste dumps or brothels. But with the housing need so dire in New York City, a more farsighted and flexible approach to change is called for,” writes the editorial board.

The board does say the city should continue to drive a hard bargain. It should not, for example, settle for an 80-20 mix of market rate and affordable units at every new development, but seek the best arrangement possible on a case-by-case basis. [NYT]Tom DiChristopher


Related Articles

arrow_forward_ios
US Steel’s sprawling South Works site is about the size of Downtown Chicago. At left, Common, who wants to partner with developers on a mixed-use entertainment district there, and Dan McCaffery, whose vision for a 13,000-home community fizzled out. (Credit: Common by Paras Griffin/Getty Images; McCaffery via McCaffery Interests; aerial by Cushman & Wakefield)

South Works, the 415-acre “magnificent property,” is Chicago’s biggest development opportunity

Miki Naftali, Steven Witkoff and Ryan Freedman

TRD Talks: How developers are contending with coronavirus

Mayor Bill de Blasio halted ULURP, stalling projects like 960 Franklin Avenue, Rikers Island and Industry City 

These projects could be held up by New York’s rezoning freeze

Morris Moinian and 1150 6th Avenue (Credit: Noam Galai/Getty Images, Google Maps)

Morris Moinian to sell site of stalled hotel project

An aerial of Flushing's waterfront and New York City Council member Peter Koo (Credit: Google Maps)

Massive Flushing waterfront development stirs opposition

133-25 37th Avenue in Flushing

Developer Gary Tsan buys Flushing property for $60M

South Carolina town puts moratorium on development (Credit: iStock)

The high cost of low taxes: South Carolina town bans all development for 16 months

U.S. Rep. Alexandria Ocasio-Cortez and Sunnyside Yards (inset) (Credit: Getty Images and Wikipedia)

AOC resigns from Queens megadevelopment steering committee

arrow_forward_ios
Loading...