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Understanding The History Of New York's Land Use Term Paper

Zoning and Land Use Property Development and Zoning in New York

In most of the United States' cities, property development is the main economic growth strategy. Dating back to the 1950s through 1970s, local governments facing decentralization and low investment depended on federal financial assistance to manage constructions in their urban centers. However, the gradual fading of the federal government from the urban policy in more recent decades, gave cities power to control land development through the legal mechanism of bulk zoning. In addition, cities maintained the freedom to develop the property by providing the needed infrastructure and goods. Regulation of land usage and access to low-interests capital to enhance constructions by cities are crucial in the efforts of urban economic development

This is equally essential for economic development officials in international cities, especially those that focus on globally exported...

On the other hand, when a city uses agglomeration and centrality as its strategic sources of maintaining or achieving competitive advantage, the markets in land often show support to the highest economic producers in terms of return per square foot of the used space in building or conducting the business. However, studies in this context have indicated that market elements do not automatically result to a mix of land utilization, which is widely optimal. This was evident prior to promulgation of extensive zoning resolutions.
During this time, lack of regulations to control market activities threatened the quality of life for the people who lived in the city and the possible production of the urban land. Although this was the case, planners of land were in a way tempering with land use by placing regulations on land use and density in individual parts of…

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Property-Led Development and Use Zoning

Property-Led development is a public sector tactic that aims at encouraging economic growth within a city developing regulations, which real estate investors should adhere to and can achieve value from land use. Extracting value from land usage has been the norm of cities since the beginning of metropolitan decentralization in the 1920s. Therefore, most of the American cities engaged in fostering property development, which the government was to fund. The cities received funds from the federal government for some time, until the year 1970, when the government withdrew the funds. This saw to the emergence of private sector in property development, and the private sector has thrived to date

Such development is highly attractive because it relies on private funds, and in most cases produces profits, and it is often achievable through incremental and entrepreneurial planning. Moreover, the local government is well established to this tactic, and due to its reliance on real estate taxes, realizes more benefits than other levels of governments because it receives a large proportion of the revenues from land development. This property development strategy is the main industry that generates revenue
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