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November 29, 2007

Can New York Be Too Successful?

City Room [The NY Times]
By Sewell Chan

Has New York City’s remarkable economic expansion of the past decade been too much of a good thing? A panel of developers took up this question on Tuesday night in a panel discussion organized by the Municipal Art Society, with the title “The Oversuccessful City, Part 1: Developers’ Realities.”

Not surprisingly, no one really argued that the city could be too successful. Instead, the often spirited discussion — which at times seemed dominated by angry members of the audience — focused on the dilemmas of affordable housing and out-of-scale development. Projects like Atlantic Yards and the redevelopment of the Far West Side came up. Charles V. Bagli, who covers economic development for The Times, moderated the discussion.
...
[Professor Birch] pointed out that three of the most ambitious projects under way or on the drawing board — Atlantic Yards in Brooklyn, the Hudson Yards development proposed for the Far West Side of Manhattan, and the creation of a new Moynihan Station at the James A. Farley Post Office Building in Midtown — are going forward not under the city’s aegis but that of the state. “What has happened to city and its ability to lead and direct its own development?” she asked.

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Posted by lumi at November 29, 2007 5:09 AM