Bloomberg Nixes New Regulations for Developers
Mayor Bloomberg last week vetoed a bill passed by the City Council in July that calls for new wage and data reporting standards for affordable housing projects receiving city funding.
Under Intro. 730, the Department of Housing Preservation and Development would be required to report subsidies awarded to city-funded projects and wage data for every individual working for developers and contractors.
Source: Real Estate Weekly. Read full article. (link)
Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time.