The new development team—the third since the megaproject was announced in 2003—has agreed to pay $12 million as they plan a new way forward. A key advocate deemed that “insufficient”…
The developer and MTA have come to agreement on the platform needed for three towers, but Greenland USA won’t proceed without a key tax break. As Empire State Development floats…
The developer’s failed promise to build a glass-enclosed public plaza in front of the Barclay’s Center is a bad sign for its other pledges to the community yet to be…
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…
