D Blasio is full of shyt1. i hope so
2. don't get it twisted. DeBlasio isn't building anything. DeBlasio does similar stuff to Cuomo and Hillary Clinton - old Democratic Machine virtue signaling. thinking all of their constituents are stupid. throw them a bone and keep them distracted. He's pressuring developers to take advantage of a tax abatement or get tax credits to make 20% of their new otherwise expensive market rate luxury buildings affordable. These fall under different programs like LAMP for low-income, and others end up being relatively expensive (but still affordable compared to market rate) because it goes off of the Area Mean Income. So while these 80/20 units are a godsend to those who are lucky enough to land in them - and they're better than nothing - I don't think it's a viable solution to the housing issue. If you notice on these housing lotteries for the income requirements, there is a big gap between like $38,000 and 60,000. Those people don't qualify for anything. Which is crazy. So what I think needs to happen is a bigger effort involving the state to get more money into the Mitchell Lama program and build new Mitchell Lama developments. You can read about that program (google) but Mitchel Lama Co-Ops are a god send. Home ownership for low and middle income people. People who stay and contribute and basically anchor entire communities. They need to get rid of the clause that lets buildings in the ML program leave after a certain amount of time to ensure they remain affordable, and they also need to sink money into new developments. On top of that they need to fix NYCHA without selling off properties to private developers. I know a percentage stake of a few NYCHA's along the FDR on the lower east side were secretly sold to private management companies and they'll be turning co-op. Still affordable, but not 100% NYCHA rentals. I have family in one of them and they got a letter stating that if you are a resident for X amount of years in good standing and have proof of income you can buy your apartment. 'regular' tenants probably get to stay as is and pay their rent (based on income) but you better believe they're gonna sweep the building and get rid of everyone in there who is living there off lease. They did this at a NYCHA in Forest hills Queens on 108th along the highway and it was successful.
I still think people should apply to literally every affordable housing development that exists though. And apply under family's names, have family/friends sign up, as well.
I didn't realize how out of control gentrification in CROWN HEIGHTS brooklyn had gotten. I just read a very alarming article about some bars opening up along Nostrand Ave in Crown Heights... made me shake my head
he touts affordable housing being built and then says 20,000 units over 10 years such an accomplishment
the city has that many people coming in to live in a month - how is that an accomplishment ???
as stated above the range for income is terrible - its really for VERY poor families and old people - and the real deal is this
poor families are usually transitory Old people DEFINITEY are- and the deal with the developmers is once the resident leaves they are then free to put the apt at market rate
so if you are a developer you make a deal for a tax break to build mixed use - that break lasts for 20 yrs but realistically you know you get old ass people in there who will DIE in 5 or 10 years and poor families who just find the cost of living beyond their means they will leave in like less than 10 - he now gets to put the apt at mkt rate AND keep his tax break for building in the first place
so that apt can now go for 2500 a month instead of the 1000 to 1500 it was
lasty - the avg income in the city is like 60K - HOW THE fukk IS SOMOENE WHO EARNS 60K going to afford apts built to be mkt rate for 3000 a month/ or an income of 250 K a year starting out? HOW the fukk this mayor can say we are increasing housing stock when the only stock that is being increased is "luxury" apts which cant be rented by people with even MIDDLE income let alone a family ???
if you havent realized by now - the rental mkt in nice neighborhoods is made for high turnover- this is especially true for commercial real estate
they only want someone there for 5 to 8 years ( if that ) and then they want to be able to have that apt vacant so that it can jump up to mkt rate
apt wise ? they dont want people living in places for 10 and 20 years anymore - which is bizzarro world because to raise a family you need to be someplace about 10 to 20 years - and there will always be a class of people who are just middle income - and the building that is goign on is either for the very poor or the very rich
youre fukked in the middle