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#nycrealestate

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joelepstein<p>Instead of giving <a href="https://urbanists.social/tags/Vornado" class="mention hashtag" rel="tag">#<span>Vornado</span></a> public money to build office space no one will ever need, use the money to <a href="https://urbanists.social/tags/rebuildPennStation" class="mention hashtag" rel="tag">#<span>rebuildPennStation</span></a> <a href="https://urbanists.social/tags/transit" class="mention hashtag" rel="tag">#<span>transit</span></a> <a href="https://urbanists.social/tags/MTA" class="mention hashtag" rel="tag">#<span>MTA</span></a> Construction workers get jobs and the public doesn´t end up making <a href="https://urbanists.social/tags/NYCrealestate" class="mention hashtag" rel="tag">#<span>NYCrealestate</span></a> even richer thru <a href="https://urbanists.social/tags/corporatewelfare" class="mention hashtag" rel="tag">#<span>corporatewelfare</span></a></p>
joelepstein<p>Although the lawsuit over the Penn Station project does not make such a claim, the lawyers noted that Vornado’s chief executive, Steven Roth, once boasted about letting a Manhattan property languish on purpose to spur the government to offer financial assistance. That site on Lexington Avenue later became the headquarters for Bloomberg LP.</p><p>Vornado declined to comment about blight in the Penn Station area, citing the lawsuit. <a href="https://urbanists.social/tags/blight" class="mention hashtag" rel="tag">#<span>blight</span></a> <a href="https://urbanists.social/tags/callingbullshit" class="mention hashtag" rel="tag">#<span>callingbullshit</span></a> <a href="https://urbanists.social/tags/nycrealestate" class="mention hashtag" rel="tag">#<span>nycrealestate</span></a> handout</p>
joelepstein<p>Why New York State Insists That the Penn Station Area Is ‘Blighted’ <a href="https://www.nytimes.com/2022/12/29/nyregion/nyc-penn-station-construction-project.html?smid=tw-share" target="_blank" rel="nofollow noopener noreferrer" translate="no"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2022/12/29/nyregio</span><span class="invisible">n/nyc-penn-station-construction-project.html?smid=tw-share</span></a> The great big government handout to <a href="https://urbanists.social/tags/NYCrealestate" class="mention hashtag" rel="tag">#<span>NYCrealestate</span></a> <a href="https://urbanists.social/tags/paytoplay" class="mention hashtag" rel="tag">#<span>paytoplay</span></a> <a href="https://urbanists.social/tags/midtownwest" class="mention hashtag" rel="tag">#<span>midtownwest</span></a> <a href="https://urbanists.social/tags/boondoggle" class="mention hashtag" rel="tag">#<span>boondoggle</span></a> <a href="https://urbanists.social/tags/transit" class="mention hashtag" rel="tag">#<span>transit</span></a></p>
joelepstein<p>What Would It Take to Turn More Offices Into Housing? <a href="https://www.nytimes.com/2022/12/27/business/what-would-it-take-to-turn-more-offices-into-housing.html" target="_blank" rel="nofollow noopener noreferrer" translate="no"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2022/12/27/busines</span><span class="invisible">s/what-would-it-take-to-turn-more-offices-into-housing.html</span></a> <a href="https://urbanists.social/tags/nycrealestate" class="mention hashtag" rel="tag">#<span>nycrealestate</span></a> <a href="https://urbanists.social/tags/commercialrealestate" class="mention hashtag" rel="tag">#<span>commercialrealestate</span></a> <a href="https://urbanists.social/tags/adaptivereuse" class="mention hashtag" rel="tag">#<span>adaptivereuse</span></a> <a href="https://urbanists.social/tags/housing" class="mention hashtag" rel="tag">#<span>housing</span></a> <a href="https://urbanists.social/tags/higheruse" class="mention hashtag" rel="tag">#<span>higheruse</span></a> <a href="https://urbanists.social/tags/cities" class="mention hashtag" rel="tag">#<span>cities</span></a> <a href="https://urbanists.social/tags/NYC" class="mention hashtag" rel="tag">#<span>NYC</span></a> <a href="https://urbanists.social/tags/NYCDOB" class="mention hashtag" rel="tag">#<span>NYCDOB</span></a></p>
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