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As it happened, development rights for a large parcel between Dyer Avenue and Tenth Avenue on 42nd Street hinged on including a performing-arts element to make up for two Off-Broadway houses that had been razed to allow for a subway extension.
WSJ: Frank Gehry | Pershing Square Signature Center | By Julie V. Iovine
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Allowing loan securitizations, derivatives, and swaps to be taken off bank balance sheets was an important element in this, as were the procyclical rules on capital and loan loss reserves.
FORBES
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Perhaps rather than taking every element of the report into account, focusing on teacher pay could be a good leaping off point for future reforms, laying the groundwork for more exclusive top-tier education programs and other stepping stones to a more professional teaching labor pool.
FORBES: NCEE Report Focuses on Teachers as Professionals, New Pay Schemes