Expand It would be difficult to come with a more on-the-nose metaphor for New York City's income inequality problem than the new high-rise apartment building coming to 40 Riverside Boulevard, which will feature separate doors for regular, wealthy humans and whatever you call the scum that rents affordable housing. Extell Development Company, the firm behind the new building, announced its intentions to segregate the rich and poor to much outrage last year. Fifty-five of the luxury complex's 219 units would be marked for low-income renters—netting some valuable tax breaks for Extell—with the caveat that the less fortunate tenants would stick to their own entrance. Outrage Over Separate Doors for Rich and Poor in Manhattan High-Rise A real estate development company looking to score million in tax breaks by building affordable…Read more The city's Department of Housing Preservation and Development approved Extell's Inclusionary Housing Program application for the 33-story tower this week, the New York Post reports.
Read more about Apartment Segregation in NYC--City Approves Separate Entrances For Rich And Poor Tenants (Pictures)
No comments:
Post a Comment