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Development Impact Fees

No More Promises

John Petro | Posted 05.25.2011 | New York
John Petro

The developer of the massive New Domino development on the Williamsburg waterfront agreed to a number of provisions to ensure the project's approval by the City Council -- but they aren't legally enforceable.

Fixing Community Benefits Agreements

John Petro | Posted 05.25.2011 | New York
John Petro

A Community Benefits Agreement between a developer and the community covers a wide range of community needs. The CBA process, if you can call it a process, is broken in New York City.

The End of Central Planning?

John Petro | Posted 05.25.2011 | New York
John Petro

The private sector is motivated by profit, and the means with which the private sector expresses this motivation are often at odds with what is best for a city and its inhabitants.