How to Curb Development: Folks, it's not the credit crunch,... | NBC New York

How to Curb Development: Folks, it's not the credit crunch,...

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    NEWSLETTERS

    Folks, it's not the credit crunch, Wall Street layoffs, runaway prices or declining value of the dollar that will finally force developers to pause—it's parking! Or rather, the lack of it. Some environmental activists want a cap on the amount of new parking spaces that can be built into a new development, and opponents say that would bring down property values and stall development. [Sun]