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Location: Read the Marketing Handbook, and Income a Guide.
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Quote:
Originally Posted by NutrientRich
27k.
Silly q: do people who can afford to live in CB5 need affordable housing, granted these prices are not really affordable. Maybe call them "cheaper".
Yes, CB5 (AKA CB 105) would seem to have many people who don’t need affordable housing. On the other hand it’s only 50% of only 144 units of affordable housing against the entire the population of the area which is a large number. I don’t doubt that log#s with CB preference and 70% AMI will be found to offer those units. CB5 is only a block or so from Hells Kitchen.
Are there any SROs or NYCHA properties in CB5?
Below Central Park and from 8th Ave to the east are two boundaries of CB5. This includes the areas around Times Sq and Penn Station. I have seen more than a few old apartment building that from the outside look like they might be home to people with incomes that could qualify for 70% or 80% AMI.
Last edited by WildAboutHarry; 04-07-2023 at 03:26 PM..
Yes, CB5 (AKA CB 105) would seem to have many people who don’t need affordable housing. On the other hand it’s only 50% of only 144 units of affordable housing against the entire the population of the area which is a large number. I don’t doubt that log#s with CB preference and 70% AMI will be found to offer those units. CB5 is only a block or so from Hells Kitchen.
Are there any SROs or NYCHA properties in CB5?
Below Central Park and from 8th Ave to the east are two boundaries of CB5. This includes the areas around Times Sq and Penn Station. I have seen more than a few old apartment building that from the outside look like they might be home to people with incomes that could qualify for 70% or 80% AMI.
Not everyone in West Village, Chelsea and west midtown is hugely wealthy.
Penn South is income restricted housing. There are *two* NYCHA housing projects in that part of Chelsea for a start.
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I’ve always worked in or near midtown.
