Submitted by bubandbob t3_z9rlvs in jerseycity
pixel_of_moral_decay t1_iyl7xkc wrote
Reply to comment by [deleted] in Shake Shack at Newport Mall just opened by bubandbob
That’s just the “master plan” from the city.
Real Estate companies dump potential ideas for their lots in there, so when they want to sell it’s easier to adjust zoning.
It’s now much harder for city council to object to a plan like that if it was proposed. If they attempted it would end up in court and the city would likely lose.
That makes the land way more valuable and more potential buyers.
This is how wealthy corporations make money.
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