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City Council Office Helps Members Win Developer Concessions

A new office may help the city see more play in the inclusion of affordable housing components and district pleasantries like parks. City Council has quietly launched the Economic and Community Development Division, an office independent of the Mayor's Department of City Planning that will serve to advise lawmakers on land use and building projects. The office aims to give council members a strategic position in the development process, allowing them to more informedly and effectively negotiate things with developers like affordable housing deals and maximize park components, says WSJ. The supportive office will be comprised of experts in real-estate development, finance and mapping whose prowess will help council member's "frame their requests in reality" in working towards bringing a compromise of what the developer seeks to bring to the neighborhood while also meeting district needs.
· New York City Council Launches New Development Office [WSJ]