These organizations have long maintained that housing is expensive in New York City because New York City's development regulations are extremely difficult and restrictive. It is a mantra repeated over and over. Well some bad news — a developer who builds all over the United States has moved into town, and when asked about development restrictions in an interview with the Wall Street Journal, he gave the "wrong" answer.
WSJ: Is it easier to build in the suburbs versus the city?
Mr. Toll: It's easier in the city. The approval process is more professional in the city. The experts that you deal with are pretty much doing the assigned job, as opposed to the secret unassigned job to stop the growth, stop sprawl [in the suburbs].