NY Dirt: Ballot measures could lead to faster city land deals
New York City is voting on plenty of candidates next week, but ballot questions could also change key processes developers rely on to secure permits and buy city land. The five charter amendments put forth by the Commission on Government Efficiency, an independent panel convened by Mayor Zohran Mamdani, range from revisions that would create a centralized hub for construction permits overseen by the Department of Buildings to a quicker way to sell or lease its city-owned land and air rights. Ballot measure four would establish the permitting hub, allowing applicants to access 40 construction permits currently housed across 18 […]
This article originally appeared on The Real Deal. Click here to read the full story.
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