Submitted by Groundbreaking_Tank2 t3_ylh1lq in nyc
Head_Acanthisitta256 t1_iuyn7gr wrote
Reply to comment by KaiDaiz in Mayor throws support behind Innovation QNS as potential rejection looms by Groundbreaking_Tank2
Let that gentrification take place on it’s own w/o city subsidies & tax breaks. The development can be funded by private financiers and or banks.
Groundbreaking_Tank2 OP t1_iuyooqs wrote
/u/Head_Acanthisitta256 you obviously don't know anything about this development. The developer is giving a long list of concessions, it's not getting subsidies. It's the opposite of what you're claiming.
I've noticed NIMBYs never have their facts straight. I wonder why.
Head_Acanthisitta256 t1_iuyptg6 wrote
Looks like you don’t know the facts!
“The Innovation QNS developers won over some former opponents, including Borough President Richards, by increasing the projects’ share of affordable housing units from the mandatory 25% to 40% through prospective city subsidies.”
Groundbreaking_Tank2 OP t1_iuyqi2a wrote
The subsidized units are affordable housing units, not the market-rate units you claim are "gentrifying" the area. Not to mention the developer is building the 25% affordable units on their own dime and providing several other major concessions to the community after receiving feedback.
You're learning the basics of housing in your city, congratulations.
I will now await you moving the goalpost.
KaiDaiz t1_iuynph8 wrote
They would if they can. The area is not zone for housing and they want to change it. Criteria to change zoning was to allow the affordable housing which they met criteria with proposed plan
Would you rather they build a truck parking lot? that don't require zoning change and unmet demand. They make a killing off all the idle trucks that park side of highway right now
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