What Ever Happened to CBAs? The Rise and Fall of ‘Community Benefits Agreements’ in NYC

Once a seemingly promising structure to ensure that real estate groups don’t run roughshod over local neighborhoods in development deals—and still a common practice in other cities—CBAs are now disdained by many New York City community groups and developers alike. The mechanism’s demise is a lesson, development experts say, in both the strength and limitations of demanding concessions in exchange for neighborhood-changing construction projects.

House Flippers Continue to Target East New York. Residents Blame the 2016 Rezoning

Home prices in the predominantly Black and Latino neighborhood began to tick up before then-Mayor Bill de Blasio announced plans to rezone 190 blocks in 2014. But affordable housing advocates and local residents say the rezoning, approved in 2016, only drove more speculators to scoop up homes, jack up prices and push out existing residents.