Developers Buying Support?
Our friend, Bill Boyarsky, has an interesting look at how neighborhood groups are wringing concessions from developers by getting contributions to their associations in exchange for the neighbors supporting the developers’ projects. Building almost anything in California is difficult, and it’s no surprise the developers would view these contributions as the “cost of doing business,” which is, of course, passed along to consumers. Moreover, Bill asks about the lack of transparency in these agreements.
