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Employee of Spice factory (on Franklin near Sullivan) states rumors of sale are not accurate - Page 3 — Brooklynian

Employee of Spice factory (on Franklin near Sullivan) states rumors of sale are not accurate

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Comments

  • whynot_31
    whynot_31
    edited February 2018
    People opposed to the site being rezoned yelled at the CB9 mtg last night. https://www.brownstoner.com/development/spice-factory-rezoning-crown-heights-brooklyn-cb9-alicia-boyd-960-franklin-avenue/ "The current proposal comprises six towers, ranging from 15 to 37 stories high. Included will be 1,500 apartments, half of which will be affordable, with 300 of those at 50 percent of the area median income, according to Michael Liburd, chair of Brooklyn Community Board 9’s ULURP committee, which considers land use and zoning variances."
  • b_funk
    b_funk
    I remain amazed at the hypocrisy of some of these folks. These were the same people who are demanding more affordable housing...but when a developer shows up with a plan to actually build affordable units they shout that down too. I understand the need for more affordable housing but it's hard to have sympathy for the people who need it when they hitch their wagons to alicia boyd types.
  • mugofmead111
    mugofmead111
    edited February 2018
    37 stories tall though?

    The volume of passengers on the Q and B train may approach L-train levels once all the development is finished. What about that?

  • b_funk
    b_funk
    Yeah, point taken about the height but the refusal to engage in conversation about a compromise position is what gets me. If you want more affordable housing the most realistic way to get is to give developers incentive to build it, whether tax credits or the right to build larger buildings. Not to mention that more supply should also drive rents down.
  • mugofmead111
    mugofmead111
    b_funk said:
    Not to mention that more supply should also drive rents down.

    The increase of supply here probably isn't going to be enough to drive rents down. It didn't happen when 626 Flatbush opened up a few blocks away.

  • whynot_31
    whynot_31
    Housing is not one market. One of my favorite quotes on the topic is "when more steak places open in midtown, the prices don't go down at the McDonalds"
  • whynot_31
    whynot_31
    Rendering: Spice Factory thanks to: http://theqatparkside.blogspot.com
  • whynot_31
    whynot_31
    https://www.brooklynpaper.com/stories/41/8/dtg-crown-heights-rezoning-backlash-2019-02-09-bk.html
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