This will end poorly, I guarantee that in 10 years a successor to Mamdani will alter the deal, screening over New Yorkers in favor of that developer. I hope he’s at least smart enough to not give them the land that the city owns.
Well, I hope your pessimism is wrong, but can’t dismiss it. The perils of public-private partnerships is a pretty legitimate worry.
I’m hoping they have enough leverage to have a good, enforceable deal and further hope that succossors will be too afraid of screwing up a popular program.
This will end poorly, I guarantee that in 10 years a successor to Mamdani will alter the deal, screening over New Yorkers in favor of that developer. I hope he’s at least smart enough to not give them the land that the city owns.
Well, I hope your pessimism is wrong, but can’t dismiss it. The perils of public-private partnerships is a pretty legitimate worry.
I’m hoping they have enough leverage to have a good, enforceable deal and further hope that succossors will be too afraid of screwing up a popular program.
That’s still 1000 more people housed for 10 years!
Right, because who wants permanent solutions when you can have a cyclical homelessness
The permanent solution does involve a cost to the city. It’s worthwhile, but might take 10 years to achieve.