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Well some of the affordable housing developments are co-ops/condos, so the owners would be doing the upkeep. As far as the rentals, almost all are exclusively city financed or co-operatively financed with private banks/investors at very low rates. The city is not making money off these buildings directly, and it shouldn't be, however it is providing housing for the taxpaying working/middle class NYers who are the ones leaving for the suburbs, and are the backbone of the city.
In the bigger picture, you can have these workers leave to the suburbs and have a hallowing out of the city with just rich and poor remaining, or you can have a more dynamic city with a variety of incomes and tax paying workers who keep the city running, like postal, sanitation, teachers, and most other city/state workers. The city is making a wise decision and not only making a place specifically for the working/middle class, but also revitalizing these communities, increasing the tax base by cultivating more businesses to support these new residents, and maintaining/expanding an employee base of workers. So in that regard, the city will reap the rewards and then some.
So true..it literally was the stop to nowhere. I believe that the Southern Bronx will be ready for prime time come 2020, as these huge developments, parks, retail, and other developments/investments come online and the city, Bronx, and the residents/community reap the rewards.
Android if you are incapable of getting the link on your own, actually succeeding in acquiring one of these apts would be a pipe dream.
So true..it literally was the stop to nowhere. I believe that the Southern Bronx will be ready for prime time come 2020, as these huge developments, parks, retail, and other developments/investments come online and the city, Bronx, and the residents/community reap the rewards.
Android if you are incapable of getting the link on your own, actually succeeding in acquiring one of these apts would be a pipe dream.
are you seriously going to insult me? what is the problem i just asked you for the link can't you be a bit nicer wow
Interesting to see if this new development boom will spread north, to East Tremont. The area looks decayed especially along Webster and Park Ave. Maybe in five years?
The Courtlandt Corners developments are very closely located to the infamous Morrisania Air Rights projects, so the rent might be cheaper.
Also are NYCHA planning some new developments?
The Melrose Metro North station also needs to be rehabbed and updated, in this state it looks very unwelcoming.
Last edited by Northwindsforever; 12-08-2010 at 07:34 PM..
In todays world everything is so technical. Many people are "incapable" of filling in applications online... We must all "lend a helping hand" to these people...
Some of the new affordable housing is pushing up through the Bronx in different forms, but it is mostly concentrated in the Southern Bronx because of the (former) availability of lots, and the push by the city to reposition the area for the working/middle class. You will see some in other locations, but the epicenter of all the new housing is the Southern Bronx (below 165th basically).
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