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The most controversial part of the plan involved leasing NYCHA land to private developers to build apartment buildings right next to the projects.
When Metro allowed developers to build apartment buildings without any parking in districts near railway stations, Ms Bennett recalls, existing residents "went bananas" at the prospect that parking spaces on the street might get harder to find.
In those days the river was a major transportation artery, with riverboats carrying bricks from numerous brickyards in the area and stone from nearby quarries to build apartment buildings and brownstone houses in New York.
IN the very early 1900's, as the city's subway tunnels were hollowed out beneath Lenox Avenue in Harlem, developers rushed to build apartment buildings that they thought would be filled by middle-class whites who would be rushing to the neighborhood.
But he did not apologize for Israel's decision to build apartment buildings within its capital city.
Chinese firms are provided land grants in excess of what they need, so they build apartment buildings on the land, which then pays for research costs and offsets start-up losses.
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The developer, IDM Corp., plans to build apartments and office buildings on the 13-acre site.
"In terms of income for private investors, it is much more profitable to build apartment-hotels than private apartments," said Elena Botvinnik of the independent Nevsky Prostor real estate agency, who refers to such developments as "elite buildings".
One developer, A&R Kalimian Realty, wanted to build apartments.
On the rest of the land, Jaypee plans to build apartments, offices and malls.
In 2004, he proposed a grand plan to refurbish the Coliseum and build apartments, stores and an office tower nearby.
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