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December 18, 2007
What's in a name?
Bruce Ratner gave the "Community Benefits Agreement" a bad name, by handpicking and helping form groups that already supported the plan, with which to negotiate.
In the wake of what is widely considered a charade, how does the next developer differentiate its community agreement? By changing the name, of course.
Today, The Real Estate Observer reported that the name of the Columbia University agreement "has changed from a 'community benefits agreement' to a 'community partnership agreement.'"
You can't make this stuff up.
Posted by lumi at December 18, 2007 8:11 PM