In 2009, the new Yankee Stadium opened, replacing what used to be a park. Since the Yankees were getting public land, the city said they needed to give back something. How…
One big problem with Community Benefits Agreements (CBAs), experts say, is that they’re not laws, but rather private contracts between a developer and community groups. And if those groups aren’t…
“In the city’s hands for almost three decades, the vacant, landmarked Kingsbridge Armory—the world’s largest, built in 1917 for the National Guard—is still empty, despite a deal seemingly sealed in…
Once a seemingly promising structure to ensure that real estate groups don’t run roughshod over local neighborhoods in development deals—and still a common practice in other cities—CBAs are now disdained…
From the Amazon MOU to the BAM site, alluring menus of public benefits are often dangled as the payoff for large subsidies and lucrative development rights. The project formerly known…
