[New York City] Council Member David Yassky (D-Brooklyn) has introduced a bill that would make inclusionary zoning mandatory. He is unequivocal in his thinking. �When there is a change from manufacturing to residential, property values increase 500 or 600 percent. When you have that kind of wealth created by a government action, it is only fair to use some of it for the public good. The Department of City Planning came to Brooklyn and told the residents there would be affordable housing in new developments. If they really intend to keep their promise, then they should have no problem putting it into writing and guaranteeing that it will be done.�
Planners Network, Spring 2004
Inclusionary zoning is usually a good idea, but planning for public benefits is most appropriate — indeed, most necessary — in instances where government “gives” substantial windfall profits to the private sector. Upzoning in a deindustrializing city like New York, as has been done in Vancouver, provides a great opportunity to extract tremendous concessions from developers: new parks, schools, affordable housing, community facilities, and transit should top the list.