Do Community Benefits Agreements Produce Sustainable Results?
Large-scale real estate development in low-income neighborhoods is a major source of municipal-level conflict in the United States. One way developers and communities have tried to resolve these conflicts is through negotiating Community Benefits Agreements (CBAs). In theory, these agreements are a great idea, but Rebecca Economos (MCP ’11) looked at five New York City-based case studies and found troubling results. She claims the ad-hoc nature of the negotiations leads to confusion and wildly different outcomes for different communities.