Urvashi Uberoy

Jul 24, 2023 | roselawgroupreporter.com | Urvashi Uberoy |Keith Collins |Jordyn Holderman

The plaza at 325 Fifth Avenue is just one example of a privately owned public space, commonly known as a POPS, that has not been maintained according to the developer’s agreement with the city. These agreements allow developers to build larger towers and earn more revenue in exchange for providing public spaces. In December, the Department of Buildings completed its three-year inspection cycle and found that about one in five of the properties violated the terms of their agreements.

Jul 22, 2023 | nytimes.com | Urvashi Uberoy |Keith Collins

The plaza at 325 Fifth Avenue is just one example of a privately owned public space, commonly known as a POPS, that has not been maintained according to the developer’s agreement with the city. These agreements allow developers to build larger towers and earn more revenue in exchange for providing public spaces. In December, the Department of Buildings completed its three-year inspection cycle and found that about one in five of the properties violated the terms of their agreements.