A recent New York Times article highlights an increasingly common practice being used around New York City as a way to pay for government services. Cultural institutions desperately in need of repair such as schools and public libraries are being sold developers, torn down, and rebuilt on the ground floor of new apartment towers, all without any expense to the public. Although is not the first time officials have mingled private development and schools, the Times article notes that the pace is accelerating, stating that “three projects have been executed since 2008 and the… read more
March 22, 2013