Real Estate and Politics
“I like what Michael Stern is doing and I want to figure out how to build more projects non-union.”
That’s what developer Bruce Eichner told the crowd at the Bisnow Multifamily Summit in March, with a smirking Mr. Stern, the young founder of JDS Development, sitting a few seats away.
As Mr. Eichner continued to gush over Mr. Stern’s well-publicized contempt for union labor, a heckler from the Building and Construction Council butted in.
Manhattan Borough President Gale Brewer and Council Member Dan Garodnick clarified earlier reports that unions won’t have representation on the committee of 10 organizations tasked with compiling a framework for the rezoning of Midtown East yesterday.
The two leaders of the pre-Land Use Review Procedure steering group pledged to involve union representatives in the negotiations despite initial reports that unions like 32BJ SEIU, the Building and Construction Trades Council of New York and the Hotel Trades Council won’t have any delegates on the committee of Community Boards, business groups and advocacy organizations.
Two years ago, Bruce Ratner sought to ease a shrinking budget and appease swarms of critics who lambasted the original rendering for a residential tower at Atlantic Yards in Brooklyn as a “Lego-like” atrocity.
Like a frustrated schoolboy, he punted the plans to erect a set of oddly arranged giant blocks, shoving designer Frank Gehry Read More