The Oversuccessful City, part 1: Developers’ Realities
Jane Jacobs explored the ways that economic considerations influence political decision-making and cultural development. Real-estate developers have a particular interest in (and control over) how urban land is used, especially in New York, where the costs of land and construction are so stratospheric. The economic logic of development today — and the regulatory climate in which it occurs — seems to favor high-density, high-revenue developments. How has this reality affected the fabric of the city as a whole? What motivates developers and what constrains them?
Charles Bagli of the New York Times leads a panel featuring Eugenie Birch of the University of Pennsylvania, Carlton Brown of Full Spectrum NY, Douglas Durst of the Durst Organization, and Greg O’Connell of Kings Harbor View Associates exploring the reality for developers in contemporary New York City.
Duration : 0:8:56
[youtube vzMTcrG7GFk]