To many experts, New York’s City of Yes housing plan is modest — a set of zoning changes designed to induce gradual growth in low-rise neighborhoods. But to the people who spent two years shaping the plan and navigating its fraught politics, its passage on Thursday was nothing short of a “miracle,” in the words of one City Council staffer.Crain’s spoke with 10 people closely involved in crafting the package and negotiating the last-minute compromise in the council, which produced a deal that will allow some 82,000 homes to be built over 15 years — paired with $5 billion in new spending for infrastructure and affordable housing. Despite ferocious opposition and the criminal indictment of the mayor who proposed it, New York’s most significant housing action in decades got across the finish line thanks to unlikely alliances, some political courage and unexpectedly steadfast support from Council Speaker Adrienne Adams, insiders say.“We understood the complexity of advancing a citywide proposal,” said Dan Garodnick, director of the City Planning department, “because it had never been attempted in the city’s history.”A blank-slate mayorThe core ideas of City of Yes — legalizing cottage apartments and small multifamily buildings in low-rise neighborhoods, scrapping parking mandates that deter housing, and permitting bigger buildings in dense areas — did not spring fully-formed out of Mayor Eric Adams’ head before he released the plan last year.The genesis of City of Yes, most... Continue reading at 'Crains New York'
[ Crains New York | 2024-12-06 19:03:00 UTC ]
Through SOMOS ABQ, Schroeder and others celebrate what makes Albuquerque a unique place. Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-06-10 18:50:00 UTC ]
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Informa plc announced Tuesday that it has begun the process of replacing Derek Mapp, chairman of the London-based B2B publisher and exhibitions giant since 2008, with a successor expected to be installed by the end of the year. Mapp first joined Informa's board as a non-executive director in... Continue reading at Folio Magazine
[ Folio Magazine | 2020-01-08 19:41:38 UTC ]
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Female-first social networking company Bumble has partnered with an Austin nonprofit to provide financing for women entrepreneurs. Bumble, which operates legally as Bumble Trading Inc., has announced it will match up to $20,000 in grants through Nov. 6 to The 750 Fund: Somos Poderosas,... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2019-11-08 12:00:00 UTC ]
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Private equity firm Apollo Global Management LLC is potentially interested in buying Tampa Bay's largest public company, according to a Tuesday report from Reuters. New York-based Apollo has approached Clearwater-based Tech Data Corp. (NASDAQ: TECD) with an offer to acquire the company for... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2019-10-16 01:08:24 UTC ]
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Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users' privacy. The company set aside $3 billion in its quarterly earnings reportWednesday as a contingency against the possible penalty but... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-04-25 02:15:00 UTC ]
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Facebook Inc. estimated that it will cost as much as $5 billion to resolve a U.S. investigation into its privacy practices, as the social-media giant moves to put the fallout from the Cambridge Analytica scandal behind it. Facebook said Wednesday that it took a $3-billion charge related to... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-04-24 22:10:00 UTC ]
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Facebook Inc. estimated that it will cost as much as $5 billion to resolve a U.S. investigation into its privacy practices, as the social-media giant moves to put the fallout from the Cambridge Analytica scandal behind it. Facebook said Wednesday that it took a $3-billion charge related to... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-04-24 22:10:00 UTC ]
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Verizon is reportedly nearing a deal to purchase Yahoo for close to $5 billion, bringing to an end a months-long bidding process for a now-ailing company that was once an Internet trailblazer. The sale is still being deliberated, but could be announced early next week, according to Bloomberg.... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-07-22 00:00:00 UTC ]
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Netflix earned more than $5 billion in 2014. No wonder companies want to be “the Netflix of” other kinds of digital media — ebooks, magazines, music. That’s not easy to pull off when you don’t ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-07-02 00:00:00 UTC ]
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For years, newspaper publishers have been saying Craiglist cut the legs out from under their industry by offering a cheap, easy online alternative to their classified advertising pages. For years, Craigslist’s creator, Craig Newmark, has be ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-08-14 00:00:00 UTC ]
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