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January 6, 2009

Plans for population growth may be off

MetroNY
By Amy Zimmer

In better times, city officials banked on a population boom, but the recession has some urban planners saying the Bloomberg administration may need to reconsider its rosy estimate of a city of 9.1 million people in 2030.

Expectations of a population spike were buoyed by massive construction projects such as the troubled Hudson and Atlantic yards.

“The downturn in the real estate market signals that the city’s population is not likely to increase in the near-term future,” said Tom Angotti of Hunter College’s Center for Community Planning and Development.

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Posted by lumi at January 6, 2009 4:25 AM