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Old 09-12-2012, 03:56 PM
 
Location: Manhattan
23,755 posts, read 32,956,414 times
Reputation: 11427

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Just got a letter from RELATED with an application that can be used for one, two or three of their buildings that just re-opened their waiting lists.
It seems all three are only opening for lowest income that they define as 40% of area median income
1 person: $19,338- $23,440
2 people: $20,691- $26,760
3 people: $24,849- $30,120

Rents are Studio $529...1-BR $569...2-BR $692

The buildings are:
THE LYRIC, Upper West Side
THE WESTPORT, Cinton
TRIBECA TOWER, Tribeca (surprisingly. )

These are all doormen bluxury buildings.

Applications must be in by SEPTEMBER, 30th.

I imagine you can pick up an application at
RELATED-REMARKETING
One Penn Plaza, Suite 6174
NY, NY 10119

(Or maybe find it online???)

Yah gotta be in it to win it...good luck to any who can squeeze into those income limits.
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Old 09-12-2012, 05:44 PM
 
6,682 posts, read 7,225,521 times
Reputation: 4849
Thanks for sharing. I hate that I am $600 over... I mean shoot if I'm gonna be over, I want to be $60,000 over!
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Old 09-13-2012, 09:13 AM
 
8,747 posts, read 17,283,203 times
Reputation: 4168
I think you are hating being $600 over for the wrong reasons.
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Old 09-14-2012, 07:24 AM
 
6,682 posts, read 7,225,521 times
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Please do tell what you me by that.
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Old 09-14-2012, 08:15 AM
 
205 posts, read 925,302 times
Reputation: 221
I dont qualify. Damn
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Old 09-14-2012, 12:07 PM
 
426 posts, read 581,075 times
Reputation: 164
I don't qualify either damn...

Why are the salaries so low? I never qualify for any of these apartments because the incomes are low.
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Old 09-14-2012, 01:46 PM
 
Location: Manhattan
1,853 posts, read 3,962,477 times
Reputation: 2812
These are great opportunities for those who qualify, but I feel that affordable housing policy in NYC almost completely ignores middle income people. I don't know of any middle income developments with an open list currently--not that there are that many to begin with.
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Old 09-14-2012, 04:02 PM
 
426 posts, read 581,075 times
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Quote:
Originally Posted by barkomatic View Post
These are great opportunities for those who qualify, but I feel that affordable housing policy in NYC almost completely ignores middle income people. I don't know of any middle income developments with an open list currently--not that there are that many to begin with.
Argree with this 100%. I guess they do this so the middle/upper class can pay full market rent prices.
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Old 09-15-2012, 06:56 AM
 
Location: Manhattan
23,755 posts, read 32,956,414 times
Reputation: 11427
If "middle income" means somewhere near HOUSEHOLD MEDIAN INCOME ($50,000,) then the best deal is probably Mitchell Lama.

Perhaps the reason that there are so few open waiting lists is that most of the population is centered, bell-curve-like right at this median.
And I agree, Median Income people in New York CANNOT afford market rents except in the most outer of the outer boroughs.

But if you make $100K you don't need help to find your own housing at the going price.

We unfortunately have dimwits walking around gassing about there own conceptions of "missle income" to the popint were it has no meaning:
Quote:
Is $100,000 middle income?" Stephanopoulos asked.

"No, middle income is $200,000 to $250,000 and less," Romney responded.
(not that that even makes sense becasue "and less" clearly includes $100,000, $50,000, and a buck fifty.)

Last edited by Kefir King; 09-15-2012 at 08:24 AM..
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Old 09-15-2012, 09:32 AM
 
Location: NY,NY
2,896 posts, read 9,266,870 times
Reputation: 2053
Quote:
Originally Posted by SobroGuy View Post
I think you are hating being $600 over for the wrong reasons.
Precisely, what I thought.

@livingsinglenyc

You could always ask your boss to reduce your salary. I'm sure he'd be happy to oblige!
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