Engine of Bloomberg’s Planned Stalled

The Times looks at Bloomberg’s development record, and what the legacy of it might be.

‘For good or bad, the rezonings will probably be his most significant development legacy,’ said Jonathan Bowles, director of the Center for an Urban Future, an independent research group. ‘They’ve never got as much attention as the large-scale development projects he was pushing, like the Olympic stadium, but the rezonings are what will ultimately transform a large chunk of the city. Developers will be rebuilding on these for years to come’