Submitted by psychothumbs t3_10q2iq3 in nyc
TeamMisha t1_j6peten wrote
Reply to comment by Sad-Principle3781 in A Housing Plan for Manhattan’s Empty Spaces by psychothumbs
No one has any incentive to support any new construction. Everyone is out for themselves. But the city is bigger then you, bigger then me, bigger then any one opponent to development. There are too many council persons and people believing their district is their little fiefdom. "We agree we need housing, but not in our district, go build it somewhere else". That's why we're in this mess today. One45 in Harlem was going to be 50% below market units, you're living in la la land if you think a developer will do 100% below market units without government subsidies, that's just how it works. The big issue here is you and others are envisioning private developers operating supportive or basically fully subsidized housing projects, which is not how it works right now, and is a question for council and the mayor to figure out, whether through new 421a type legislation or an entirely new housing scheme. Private developers will not build unprofitable buildings, accept this and move on so we can start addressing the problem versus just vote no to every new building.
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