Stamford developer suddenly withdraws 471-unit project after affordable housing clash with officials

Members of the Stamford Zoning Board were set to vote on a special permit for a proposed 471-unit downtown apartment complex on Clinton Avenue Tuesday night — until the request was withdrawn at the last minute. The withdrawal happened during a discussion about affordable housing units for the project. New York developer Carmel Partners preferred to contribute roughly $13 million to the city’s affordable housing trust fund as opposed to offering 49 of the units in the development at a below-market rate. A letter dated Jan. 29 from attorney Jason Klein, writing on behalf of the developer, stated that Carmel preferred to make the multi-million dollar payment due in part to the perceived risk of on-site below-market units holding up certificates of occupancy or leasing.

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