«This is an important issue for [the Department of Housing Preservation and Development] to make sure this device of economic infeasibility does not become the defense du jour when an owner is faced with a rehab order,» said John Gorman, an attorney advocating on behalf of the tenants. (dnainfo.com)
Concerns, however, include the proposal's relatively modest environmental achievements (according to an analysis by the World Resources Institute), its overall cost due to restrictions on trading, and its apparent political infeasibility, given its lack of visible support in the Congress. (robertstavinsblog.org)
But the owner, Wong's Grand Street Realty, is mounting an «economic infeasibility defense.» (thelodownny.com)