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News Flash In New York! Rich People Get Better Stuff Than We Do and Pay For the Privilege

View of Building from Google Maps

This is interesting to me and honestly I don’t really feel they have a case. here’s the flap, a real estate developer in NYC has applied for and gotten a permit to construct luxury condos which sell for over a million dollars each and to get a tax break has incorporated into that building so affordable housing apartments for about $900.00 per month.

So what’s the problem? The developer wants to make the attached low income housing more like a standalone with a separate entrance and elevators and so on.  Ritzy side faces the river and the low income side faces the street.

Everyone is crying out segregation! And calling the other entrance the “Poor Door”

Here is my spin on it.  If you could see what $900.00 a month will get a hard working person in New York (of whom my niece is one) you’d be afraid to go out the front door.  This  new apartment complex is a nice place in a safe neighborhood and I can almost guarantee you that many up an coming young people in New York would be happy to get one of these units and not care if they enter from a different side.  This is New York people get real. I wish every building in New York was required to have a portion for regular people to live in safety.

According to the New York Post:  Extell’s proposal allows them to require affordable housing tenants to walk through an entrance located in a back alley behind the building to enter, leaving the more prominent front entrance for tenants paying for nicer apartments.

Under the Inclusionary Housing Program, for which the city approved Nextell’s application, larger properties are allowed to be built as long as they include a portion of affordable housing units.

For the 40 Riverside Boulevard location, 55 units will be designated as affordable housing, all units facing the street. Another 219 units will face the river.

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