Despite the economic tailspin, developers are still moving forward with luxury residential buildings that – assuming anyone can still afford to occupy them – will result in 170,000 new cars on city streets by 2030, thanks to city regulations requiring new developments to contain a minimum number of built-in parking spots. That estimate comes from public transit advocacy group Transportation Alternatives, who held a press conference at City Hall yesterday urging the city to change the policy, which they say will produce 431,000 tons of carbon dioxide a year. more ›