Public vs. Private: In Praise of the Taxpaying Patron

An opinion article by Paul Gunther in Architizer, Feb. 2, 2015

 

Read Mr. Gunther’s remarks on the history and meaning today of public/private partnerships, and the often-overlooked role of the taxpayer in providing funding for city-owned assets (the High Line in Manhattan, Kings Theatre in Brooklyn, …), leading up to the current development ‘partnership’ in process at the South Street Seaport today:

 

“… As New York’s Economic Development Corporation (NYCEDC, a government-backed nonprofit business incubator now common across the country) advances the Howard Hughes Corporation’s controlling redevelopment of the South Street Seaport Historic District, the reality of this underpublicized partnership model merits attention.”

 

For full article, go to: http://architizer.com/blog/public-private

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