Has NYC's Development Agenda Stalled?

A year ago, the city was poised to embark on $12 billion of new development. Now? Not so much. A look at the status of some of the largest projects

For New York City, April is the cruelest month. Just one year ago it was poised to embark on $12 billion worth of eye-catching new development centered on mass transit hubs, and Mayor Michael Bloomberg unveiled a 127-point plan to reduce carbon emissions by 30 percent while adding a million new residents by 2030. A lot has happened since then.

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