(from William Magear Tweed, political leader in New York City 1823-1878) over-development, unnecessary development, or development out of character with the neighborhood, facilitated by corrupt zoning changes, tax abatements, or incentives by politicians to benefit politically connected developers. In short: private gain at public expense.
That area was once two-family homes, now it is being converted to high rises because of a zoning change, it is tweeding in action.
Prices shown in USD.
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