Vishaan Chakrabarti on a Manhattan real estate market without private cars

“In the New York development community, too many people are too focused on their own reality”

National /
Jul.July 31, 2020 05:30 PM
Marcum

Vishaan Chakrabarti has a message for real estate developers: Think outside your own black car.

The founder of Practice for Architecture and Urbanism and the dean of the UC Berkeley College of Environmental Design joined TRD‘s Hiten Samtani to discuss his proposal for a Manhattan in which private cars would be banned. Instead, all the land devoted to the private car — four Central Parks worth, by his estimate — could be used for better mass transit, bicycle lanes and real estate development that caters to the needs of more New Yorkers.

“What I find in the New York development community — not everyone, but too many people — are just too focused in their own reality, as opposed to the fact that real estate in New York, as an industry, is serving a city of 8.6 million people,” Chakrabarti said. He said city, state and federal governments would have to seriously step up to help counter the “world of hurt’ that New York is going to experience from the pandemic.

To read an extended version of this conversation, subscribers can click here

For more of The REInterview, a series of in-depth conversations with real estate leaders and newsmakers hosted by Hiten Samtani, click here


Related Articles

arrow_forward_ios
What will proptech look like in 2019 and beyond?
What will proptech look like in 2019 and beyond?
What will proptech look like in 2019 and beyond?
The Real Deal's Hiten Samtani and a rendering to 2 World Trade Center (Rendering via Visualhouse)
Watch: Why is Silverstein’s WTC complex still unfinished? TRD weighs in
Watch: Why is Silverstein’s WTC complex still unfinished? TRD weighs in
(Illustration by The Real Deal with Getty Images)
NJ town concocts new excuse for rejecting affordable housing
NJ town concocts new excuse for rejecting affordable housing
A photo illustration depicting the massive changes at 2797 Atlantic Avenue (Google Maps, Getty Images)
Church plans 343 apartments in East New York
Church plans 343 apartments in East New York
Suburbanites with pitchforks as two hands ripping building plans
Suburban Nimbys oppose more housing. Do they have a point?
Suburban Nimbys oppose more housing. Do they have a point?
From left: Silverstein Properties' Larry Silverstein and New York City Councilmember Julie Won along with a rendering of Innovation QNS (Getty Images, Julie Won for City Council, Innovation QNS Official Site)
Silverstein’s Astoria megaproject ups affordable housing commitment
Silverstein’s Astoria megaproject ups affordable housing commitment
1 Geoffrey Way in Wayne NJ (Loopnet, Getty)
Homes are us? Passaic County weighs dev plans for ex-Toys R Us HQ
Homes are us? Passaic County weighs dev plans for ex-Toys R Us HQ
Cornerstone Structures' James Guerriero and 201 North Division Street in Peekskill, New York (LinkedIn/James Guerriero, Google Maps)
Developer proposes 125-unit project in Peekskill
Developer proposes 125-unit project in Peekskill
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...