Submitted by mwc665324 t3_yxg1m6 in jerseycity
moobycow t1_iwpso2n wrote
Reply to comment by bobomerk99 in Paulus Hook Goldman Sachs parking lot, waiting for new residential tower construction by mwc665324
Because it costs a fuckton of money and no one is voting to raise their taxes for it?
bobomerk99 t1_iwqgol6 wrote
So who's being asked to pay for it?
moobycow t1_iwqpkgk wrote
Now? Developers. What we do is add more units to the building so the increased density can pay for the below market units.
bobomerk99 t1_iwrbd0e wrote
Ah, it seems like everyone always complains about more density though lol. Also heard they get tax incentives for building affordable units which people also complain about so it's confusing... What do ppl want lol
moobycow t1_iwrp92n wrote
They want someone to build houses for free in some neighborhood that is not theirs. And, also, lots of parking but no traffic.
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