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Permits filed for parking lot on Church at Bedford

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  • snailzapper
    snailzapper
    Actually though - this might explain things?


    "Filings for new buildings in Flatbush seem to have slowed down over the last few months, probably thanks to confusion about the defunct-but-possibly-not 421-a tax abatement. The tax break propped up market-rate development throughout the central Brooklyn neighborhood, and without it, many builders seem to be delaying construction."
  • RudolfAhrens
    RudolfAhrens
  • whynot_31
    whynot_31
    In the case of Pier 26, an investment of $10M by NYC quickly became $30M as a result of Citigroup and LMDC.

    http://therealdeal.com/2016/12/16/a-look-at-the-pier-26-redevelopment/

    It might be hard to find two entities that match the city's funding in Flatbush.

    Even if the city had only $1M to spend.
  • RudolfAhrens
    RudolfAhrens
    And yet, Chase, Walgreens, Rite Aid, the Gap, Nike, Staples, Burger King, McDonalds, and more are all milking Flatbush for $. You think they can't scrape together $30m between them?
  • whynot_31
    whynot_31
    I am discussing a different metric than "can't".

    I am discussing "won't"
  • RudolfAhrens
    RudolfAhrens
    bah humbug, Mr. Scrooge.