The Manhattan high-rise that shrunk itself down

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: In 1986, a New York zoning activist made a startling discovery: A newly constructed building was over a dozen floors too high. What followed was one of the strangest outcomes in the history of big-city housing.

Source: TheHustle.co

Date: Feb 03, 2023

Link: https://link.thehustle.co/view/6336092910af034736048108i4gus.4amh/236068f4

Questions for discussion:

  • What does the article say about the working relationship between city governments and real estate developers?
  • Was there a better decision to be made in the case of the Parkview?
  • Do you think there should be greater and stricter regulation or less? Explain your thinking.

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