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Public Advocate says Christine Quinn’s affordable housing plan mainly benefits developers

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New York City Public Advocate and mayoral hopeful Bill de Blasio slammed City Council Speaker Christine Quinn’s affordable housing platform, saying it pandered to the interests of the real estate industry, the New York Observer reported. In Quinn’s State of the City address earlier this week, she proposed a cap for property taxes for whole buildings that pledged to set aside a certain percentage of their units as affordable. The plan mirrored a 2011 proposal [more]

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