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The "affordable rents" for stuy town are indeed ABSURD. I find the entire development grody as hell too.. Half of NYU's privileged darlings reside there as well. no thanks!
Have said it before ,and am doing so again; STPCV has a problem; they keep trying to upmarket apartments that don't look that much different than the projects down the street.
Yes, some of the renovated apartments are nice, and then you have the grounds and some amenities; but still... For the money they are asking people looking at market rent housing have many other choices.
As for the "affordable" housing scheme, again as one has said often; mayor de Boob and the city had to take whatever was on the table from owners of STPCV. The deal to purchase that development was a private one that NYC had *NO* say in what so ever. Seller and buyer could have told NYC government to go and pound salt. Instead they threw out a few bones but got much more back from NYC for their effort.
Meanwhile back at the ranch BdeB gets to add all those "preserved" affordable housing units to his bragging rights. Which in the end one supposes is all that truly matters. In twenty of thirty so years when that agreement expires everyone involved from city government will have been long out of office and maybe even dead. As per usual it will be for another generation in future to sort out the mess.
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