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>“Developers received something that was disproportionately valuable,” [Edit: This is what happened.] It was not an equal exchange. Developers gained from extr
by firebirdn99 3y ago
>“Developers received something that was disproportionately valuable,”
[Edit: This is what happened.] It was not an equal exchange. Developers gained from extra floor space amounting to millions, while fines levied amounted to just thousands or tens of thousands of dollars. Up the fines to millions for starters.
[Edit: On another note, the private real estate market is bonkers. There needs to be tighter regulations, and more supply in the form of public market housing, etc. Many in New York getting priced out in the last 20 years.]
- Brian_K_White 3y agothat's what disproportionately means
- firebirdn99 3y agoYes I was only highlighting the point, not arguing against it.
- vehementi 3y agoBut the article spells it out? You could have just pasted the quote where they spell it out, like the other poster did?
- firebirdn99 3y agoI liked the other poster quote, that is the key explanation in article, hence I commented there. We literally commented at the same second. But I just liked the summarization of it as being "disproportionately valuable".