Some quotes from the NYT story you can access below.

http://tinyurl.com/j8lpo

"In New York and around the country, it has become standard practice 
for developers of major projects to negotiate with neighborhood and 
other groups to forge so-called community benefits agreements — 
contracts that almost always contain wage and hiring goals and may 
also include a grab bag of concessions, like a day care center, a 
new park, free tickets to sports events and cash outlays to be 
administered by the groups themselves."

Except Asbury Park.

"Outside New York, benefit agreements are usually incorporated into 
the developer's agreement with the city, adding another layer of 
enforcement."

Unless you have a redeveloper's agreement with only hen's teeth, or 
a timid governing body. 

"It's a very open process," said Mr. Goldstein, who is currently 
working on another C.B.A. for a project in South Los Angeles."

What a breath of fresh air, transparency.
 







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