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Old 05-12-2022, 04:44 PM
 
2,358 posts, read 2,182,082 times
Reputation: 1374

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Quote:
Originally Posted by JayCT View Post
I agree. There is nothing stopping a developer from doing this. As long as they designate 30% of the units affordable there is noth8ng stopping it. You don’t have to go to Florida to see this. New Rochelle has it now.

The only reason taller buildings haven’t been proposed is cost. Five stories is about the highest you can go with conventional wood frame construction. A few developers out west has pushed it higher but I’m not sure that would meet state building codes though. Jay
That is, if town pnz boards still refuse to follow the law there shouldn't be any limit to it.

No matter how much you want to ignore it there is a way out for towns. And it's actually not that hard.
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Old 05-12-2022, 05:25 PM
 
7,920 posts, read 7,809,353 times
Reputation: 4152
Quote:
Originally Posted by JayCT View Post
So tell me, what’s to prevent a developer from proposing a 30 story building with 300 apartments in Fairfield? As long as they designate 90 of them affordable, nothing. The same goes for any town in the state. Look at New Rochelle. I’m not saying that developers will do this but the point is under 8-30g they can do it. That’s all. Jay
When mgm Springfield was redesigned I heard a few reasons why. The amount of money for skyscraper glass was too high to the point where they're have to make their own skyscraper glass. I also heard the higher you go the further down you go and supposedly they had to go 90 ft down to hit bedrock and proximity to the river was a concern.

http://www.wsj.com/articles/cost-of-...hts-1441666736

Likewise I highly doubt skyscraper glass is cheaper now. 8-30 is alot like 40B in mass and I see no 30 story buildings from it. Allowing and economic feasibility are two different things. More importantly if someone is poorer off why would they want to live in a complex that high?
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Old 05-12-2022, 06:05 PM
 
514 posts, read 442,194 times
Reputation: 721
Quote:
Originally Posted by kidyankee764 View Post
It’s not a gaslight number when you see what’s happened in other states that have relaxed zoning restrictions. It’s incredible we have to explain that just because there are no current “plans”, it’s not just possible, but very likely, that it will happen going forward. The future is infinite.

What’s a gaslight is someone trying to tell us it can’t happen. History shows us it can, and I can bet my next paycheck that it will be proposed in my lifetime.
Right, once zoning laws are taken away from local residents there’s no stopping developers as what they’re going to do. This is unbelievable what happened in this town in FL, but it’s just the beginning of things to come.

Investment firm buys entire rental development in Brevard for $45 million

“Investors come in and of course invest. Property just goes off the roof,” said Bishop Merton L. Clark of Truth Revealed International Ministries. “Which marginalizes a whole lot of people who just can’t afford it. Especially those in Brevard County who make less than $46,000 a year.”

Cypress Bay is a community in Palm Bay and all 87 homes were bought by two investment funds for $45 million. They were backed by the massive New York investment bank Goldman Sachs.“

“So what happened at Cypress Bay, with the steep rental market demand in Central Florida, will no doubt happen in other nearby neighborhoods.”

https://www.wesh.com/article/investm...evard/39949277

Also, related article.

https://www.benzinga.com/real-estate...entral-florida


Do these developers/investors care about the poor, equity, equality or whatever the buzzword is nowadays? Of course not! Give up your local zoning laws and there’s no telling what will happen to your town.

Last edited by EmiSky; 05-12-2022 at 07:23 PM.. Reason: Corrected the link & added another link/article
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Old 05-12-2022, 06:15 PM
 
Location: Connecticut
34,918 posts, read 56,910,251 times
Reputation: 11220
Quote:
Originally Posted by Beeker2211 View Post
That is, if town pnz boards still refuse to follow the law there shouldn't be any limit to it.

No matter how much you want to ignore it there is a way out for towns. And it's actually not that hard.
Once again, did you read the law? Obviously not, the 8-30g had no deadlines and no punishments for not complying and no rewards for complying.

Most of the towns in our state have no mechanism for providing affordable housing. Local planning and zoning commissions are only charged with reviewing developments for compliance with zoning laws. Nothing else. They couldn’t force developers to build affordable housing even if they wanted to. This is the big flaw with 8-30g. It’s very poorly conceived. Jay
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Old 05-12-2022, 06:21 PM
 
Location: Connecticut
34,918 posts, read 56,910,251 times
Reputation: 11220
Quote:
Originally Posted by EmiSky View Post
Right, once zoning laws are taken away from local residents there’s no stopping developers as what they’re going to do. This is unbelievable what happened in this town in FL, but it’s just the beginning of things to come.

Investment firm buys entire rental development in Brevard for $45 million

“Investors come in and of course invest. Property just goes off the roof,” said Bishop Merton L. Clark of Truth Revealed International Ministries. “Which marginalizes a whole lot of people who just can’t afford it. Especially those in Brevard County who make less than $46,000 a year.”

Cypress Bay is a community in Palm Bay and all 87 homes were bought by two investment funds for $45 million. They were backed by the massive New York investment bank Goldman Sachs.“

“So what happened at Cypress Bay, with the steep rental market demand in Central Florida, will no doubt happen in other nearby neighborhoods.”

https://www.wesh.com/article/restaur...k-app/39982692

Do these developers/investors care about the poor, equity, equality or whatever the buzzword is nowadays? Of course not! Give up your local zoning laws and there’s no telling what will happen to your town.
The link you provided does not appear to be correct. Please check it and post the correct link if possible. JayCT, Moderator
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Old 05-12-2022, 06:32 PM
 
Location: USA
6,881 posts, read 3,729,789 times
Reputation: 3494
Quote:
Originally Posted by EmiSky View Post
Right, once zoning laws are taken away from local residents there’s no stopping developers as what they’re going to do. This is unbelievable what happened in this town in FL, but it’s just the beginning of things to come.

Investment firm buys entire rental development in Brevard for $45 million

“Investors come in and of course invest. Property just goes off the roof,” said Bishop Merton L. Clark of Truth Revealed International Ministries. “Which marginalizes a whole lot of people who just can’t afford it. Especially those in Brevard County who make less than $46,000 a year.”

Cypress Bay is a community in Palm Bay and all 87 homes were bought by two investment funds for $45 million. They were backed by the massive New York investment bank Goldman Sachs.“

“So what happened at Cypress Bay, with the steep rental market demand in Central Florida, will no doubt happen in other nearby neighborhoods.”

https://www.wesh.com/article/restaur...k-app/39982692

Do these developers/investors care about the poor, equity, equality or whatever the buzzword is nowadays? Of course not! Give up your local zoning laws and there’s no telling what will happen to your town.
30 stories is a gaslight. CT isn't Florida. Southerners aren't flocking to CT. It's the opposite. The demand to move south is unprecedented in history and we all know why. It's not just retiring boomers anymore.
In CT, there's a temporary influx of NYers but they'll eventually run out. Developers know this so they'll just stick to 5-6 stories tops. They could have clearance to build the Burj Khalifa in CT but they won't.
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Old 05-12-2022, 07:24 PM
 
514 posts, read 442,194 times
Reputation: 721
Quote:
Originally Posted by JayCT View Post
The link you provided does not appear to be correct. Please check it and post the correct link if possible. JayCT, Moderator
Thanks, I corrected the link.
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Old 05-12-2022, 07:50 PM
 
514 posts, read 442,194 times
Reputation: 721
Quote:
Originally Posted by SteveM85 View Post
30 stories is a gaslight. CT isn't Florida. Southerners aren't flocking to CT. It's the opposite. The demand to move south is unprecedented in history and we all know why. It's not just retiring boomers anymore.
In CT, there's a temporary influx of NYers but they'll eventually run out. Developers know this so they'll just stick to 5-6 stories tops. They could have clearance to build the Burj Khalifa in CT but they won't.
I don’t disagree with your points above for the most part but I think you’re missing the overall point, which is; once the zoning laws are minimized there is no telling what the developers will do, and the local residents lose the ability to shape the character of their town. That’s what developers, one from CT, are still trying to do in a town where I used to live in Northern, VA. They are trying to develop two beautiful golf courses & build condos & town houses on these golf courses. I agree there aren’t too many towns in CT that would see 30 story building as a result of changes in zoning laws, but it could mean turning a single family house next to yours into 14 sleeping pods, as shown in the article below. Where does one draw the line?


A California startup is offering cocoon-like pods to allow 14 residents to share a single house as an escape from soaring rents and real estate prices

https://www.businessinsider.com/phot...e-house-2022-5
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Old 05-12-2022, 08:03 PM
 
Location: USA
6,881 posts, read 3,729,789 times
Reputation: 3494
Quote:
Originally Posted by EmiSky View Post
I don’t disagree with your points above for the most part but I think you’re missing the overall point, which is; once the zoning laws are minimized there is no telling what the developers will do, and the local residents lose the ability to shape the character of their town. That’s what developers, one from CT, are still trying to do in a town where I used to live in Northern, VA. They are trying to develop two beautiful golf courses & build condos & town houses on these golf courses. I agree there aren’t too many towns in CT that would see 30 story building as a result of changes in zoning laws, but it could mean turning a single family house next to yours into 14 sleeping pods, as shown in the article below. Where does one draw the line?


A California startup is offering cocoon-like pods to allow 14 residents to share a single house as an escape from soaring rents and real estate prices

https://www.businessinsider.com/phot...e-house-2022-5
California needs sleeping pods because the state is overrun with pop up tents enabled by pols and a populace of tens and tens of millions that have fully embraced wokeism. CT doesn't need sleeping pods. There's no demand for them.
You guys are mastering the art of gaslighting. Concocting extreme hypotheticals to scare an audience.
CT is building condos and 5 story apts on main thoros. That's it. Once the demand dries up, they'll stop, even if zoning laws still permit it.
When are the far left and far right going to stop trying to out-gaslight each other?
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Old 05-12-2022, 09:26 PM
 
Location: Coastal Connecticut
809 posts, read 467,694 times
Reputation: 1448
Quote:
Originally Posted by SteveM85 View Post
California needs sleeping pods because the state is overrun with pop up tents enabled by pols and a populace of tens and tens of millions that have fully embraced wokeism. CT doesn't need sleeping pods. There's no demand for them.
You guys are mastering the art of gaslighting. Concocting extreme hypotheticals to scare an audience.
CT is building condos and 5 story apts on main thoros. That's it. Once the demand dries up, they'll stop, even if zoning laws still permit it.
When are the far left and far right going to stop trying to out-gaslight each other?
>>CT is building condos and 5 story apts on main thoros.

At this point, this is all I'm asking for in CT. It would make a positive difference for sure.
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