"Now or Never" as Developers Clamor for Approvals Before Bloomberg Departs

Apparently the construction boom that's taken place over the last 12 years in New York hasn't quenched developers' appetites to build. Many are pushing to get their projects approved before the development-friendly administration leaves office.

"With nearly one-third of the city rezoned under the current administration, what's left to do?" asks Matt Chaban. "A lot, it turns out."

The massive Domino Sugar refinery redevelopment, a 63-story Ferris wheel on Staten ­Island, and the Mayor's own push the rezone Midtown East are among the dozens of projects hoping to advance through the approvals process before the Bloomberg administration leaves office at the end of the year. 

"The reason for the frenzy is simple: The planning commission, along with the City Council, has the final say on the shape of all land-use projects," explains Chaban. "Without City Planning's approval now, dozens of projects will need to start from square one with a commission headed by the new mayor's appointees—seven of the 13 members—a prospect that will add great uncertainty, and potentially months or even years of work."

"In an effort to meet its titanic obligations, the [planning] department recently added four temporary planners at its Manhattan headquarters," he adds. 

“Mayor Bloomberg has asked all city agencies to get as much done as they possibly can in the next 134 days, and the Department of City Planning is working hard to do just that,” said a spokesman for the department.


Full Story: Developers push for approvals before Bloomberg leaves

Comments

Book cover of the Guide to Graduate Planning Programs 4th Edition

Thinking about Grad School?

New! 4th Edition of the Planetizen Guide to Graduate Urban Planning Programs just released.
Starting at $24.95

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $209

Stay thirsty, urbanists

These sturdy water bottles are eco-friendly and perfect for urbanists on the go.
$19.00
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $16.95 a month