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The de Blasio administration is pushing for Two Trees to add more space for affordable housing — bigger units, not more units — in its redevelopment for Domino, The New York Times reported. That would mean fewer or smaller market rate apartments, which developer Jed Walentas says is not economically viable.

The move, which comes after Two Trees had voluntarily increased the number of affordable units and received widespread support from the community, is likely to send shudders through the real estate community. As John H. Mollenkopf, director of City University’s Center for Urban Research, put it, “This is curtains up on the first act of the real-estate drama for the new administration.” Even Community Board One’s Rob Solano, typically no friend of anything that whiffs of gentrification, said he hoped that the stand-off would not threaten the 660 units of affordable housing already baked into the current proposal.

From an architectural and urban planning standpoint, the city would certainly be worse off if Two Trees were forced to default back to the original plans developed by CPC.

Plan to Redevelop Brooklyn Sugar Factory Hits Snag: De Blasio [NY Times]


What's Your Take? Leave a Comment

  1. What about all the lower income people who are just lazy POS? I know a ton of blue collar workers that have next to no formal education and do just fine because they work hard. I also know a ton of lazy people who just leach off the system. If they want to give tax breaks for rent stabilized units so everyone carries the cost that would be fine but there are plenty of places to live around NYC if you dont make $100k. Obesity is a problem in this country for many reasons and “working hard” isnt one of them.

  2. I’m fairly sure that my ancestors felt the same about yours, when yours washed up on our teeming shores. Fortunately for your great great grandmother, my redneck great great grandfather wasn’t in charge of immigration policy.