Gothamist has a perfect little summary of the Broadway Triangle situation for their readers, but finally, thanks to the Daily News, another angle is addressed: what of the property owners and businesspeople who find the Triangle an ideal place to do business? Back in Robert Moses’ day, only landlords got compensation for eminent domain; business owners were cast out to rebuild from scratch. These days it’s not as harsh, but even with Borough President Marty Markowitz’s admonition to compensate businesspeople “above and beyond” their costs of relocation, some will still suffer.

This city’s government has its policies backwards: they generally ban market-driven conversion of industrial space for residential use, while in other areas, like Red Hook’s waterfront and now the Broadway Triangle, they push out thriving manufacturing and distribution in favor of grand urban renewal plans for the wealthy and low-income alike.