Broadway-Sherman compromise shows Mandatory Inclusionary program can work when tailored to neighborhood needs

Borough President Gale A. Brewer announced her office has negotiated a framework for residential development at 4650 Broadway in Inwood, Manhattan’s first private application considered under the new Mandatory Inclusionary Housing program. Under the framework deal announced by Brewer, the developer committed to a shorter building with a significant number of apartments that will actually be affordable to Inwood residents.