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Lawsuits Seeking to Stop Two Bridges Development Overturned in Appellate Court

2 Comments

  • Paul Bosco
    Posted February 17, 2021 at 5:02 pm

    I am, estimating, in my not-so-expert way, an annual rent roll of $110 Million (if fully rented). As such, $67.50 Million in civic improvements may have impressed the court as “reasonable” social responsibility on the developer’s part. And 690 “affordable” apartments is not that shabby.

    The objections described in the article seem focused on process, not on abridgement of specific community interests. The court may have erred by “ignoring the specific history of the area” but the average NYC resident might be unimpressed by that history.

    All this said, it is my personal and sad experience that, as one ascends the NY court system, the judges become more and more disposed to favor the interests of wealth.

    –Paul J. Bosco
    E.5th St & B

  • Paul Lam
    Posted February 19, 2021 at 8:55 am

    Development is always good, especially with high unemployment, over time it will transform the Neighborhood towards the well to do , making Manhattan affordable only for the wealthy, the reality of progress, only pictures and memories will remind us of its history .

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