De Blasio opposed to ridiculously expensive Planning Together

From the Daily News: The de Blasio administration is opposing a City Council proposal to simplify the process for future development, saying legislation from Council Speaker Corey Johnson would be way too expensive. The bill...would cost the city about half a billion dollars per decade, the administration estimates — and that at a time of shrinking tax revenues due to the coronavirus outbreak. In the administration’s reading of the bill, every community district in the city would have to undergo assessments of three different development scenarios every 10 years. With an average “environmental impact assessment” costing $2.5 million to carry out, and the city having 59 community districts, that comes to about $450 million per decade, according to the administration. It also estimates the cost of staffing the undertaking would add another $50 million, not counting costs to the Office of Management and Budget. De Blasio officials including Planning Commissioner Marissa Lago are expected to testify against Johnson’s bill on Wednesday.