
09-12-2012, 03:56 PM
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Location: Manhattan
24,789 posts, read 34,806,621 times
Reputation: 12304
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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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09-12-2012, 05:44 PM
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6,682 posts, read 7,679,541 times
Reputation: 4859
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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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09-13-2012, 09:13 AM
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8,747 posts, read 17,750,301 times
Reputation: 4168
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I think you are hating being $600 over for the wrong reasons.
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09-14-2012, 07:24 AM
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6,682 posts, read 7,679,541 times
Reputation: 4859
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Please do tell what you me by that.
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09-14-2012, 08:15 AM
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205 posts, read 949,256 times
Reputation: 224
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I dont qualify. Damn
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09-14-2012, 12:07 PM
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431 posts, read 616,094 times
Reputation: 169
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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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09-14-2012, 01:46 PM
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Location: Manhattan
1,871 posts, read 4,098,484 times
Reputation: 2925
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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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09-14-2012, 04:02 PM
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431 posts, read 616,094 times
Reputation: 169
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Quote:
Originally Posted by barkomatic
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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Argree with this 100%. I guess they do this so the middle/upper class can pay full market rent prices. 
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09-15-2012, 06:56 AM
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Location: Manhattan
24,789 posts, read 34,806,621 times
Reputation: 12304
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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.
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(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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09-15-2012, 09:32 AM
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Location: NY,NY
2,896 posts, read 9,491,248 times
Reputation: 2070
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Quote:
Originally Posted by SobroGuy
I think you are hating being $600 over for the wrong reasons.
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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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