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Old 03-19-2014, 09:09 PM
 
3,108 posts, read 2,882,694 times
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Quote:
Originally Posted by Tone509 View Post
Since you're referencing the recent thread regarding Councilman Clarke and the affordable housing program he is promoting, I have a question: Is it good news that the city may subsidize 1,000 high end apartments for upper-income households but not good news to subsidize 1,000 affordable housing units for working-to-middle-class households?


The best news would be that the government is subsidizing as little as possible of anything. They should not be subsidizing high end housing or retail. If they subsidize affordable housing units for working to middle class households, they should not subsidize any more than is necessary and should make sure that subsidy does not affect this project in any way. They have had trouble with subsidies like that in NYC whereby the tenants/owners in the high end did not want to have anything to do with those in the lower income subsidized part of the project and it put a drag on sales. Why subsidize affordable housing in this development, why not instead in another, less expensive area of the city?

Last edited by james777; 03-19-2014 at 10:15 PM..
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Old 03-20-2014, 06:19 AM
 
8,048 posts, read 18,469,927 times
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Quote:
Originally Posted by james777 View Post
The best news would be that the government is subsidizing as little as possible of anything. They should not be subsidizing high end housing or retail. If they subsidize affordable housing units for working to middle class households, they should not subsidize any more than is necessary and should make sure that subsidy does not affect this project in any way. They have had trouble with subsidies like that in NYC whereby the tenants/owners in the high end did not want to have anything to do with those in the lower income subsidized part of the project and it put a drag on sales. Why subsidize affordable housing in this development, why not instead in another, less expensive area of the city?
I think you may be "mixing metaphors" here. The proposed Market East development would only be receiving subsidies for the construction which would include apartments at market rates designed to attract upper-income tenants.

On the other hand, Councilman Clarke's proposal - which is being discussed more in this thread - would not only subsidize the construction but also the rents for working-class to middle-income tenants. This seems different than the NYC situation you describe which included lower-income tenants. The question of where or when mixed-income housing is appropriate in Philly is a good topic for the Clarke-related thread.

Last edited by FindingZen; 03-20-2014 at 06:29 AM..
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Old 03-20-2014, 08:41 AM
 
Location: NYC based - Used to Live in Philly - Transplant from Miami
2,306 posts, read 2,289,730 times
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Quote:
Originally Posted by mancat100 View Post
This is great news. Don't tell Darrell Clark about this or he'll insist on reserving 50% of the residential units for affordable housing.
touche! LOL!
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Old 04-05-2014, 08:14 AM
 
Location: The City
22,381 posts, read 33,159,779 times
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Another Gallery rumor
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Old 04-05-2014, 04:01 PM
 
8,048 posts, read 18,469,927 times
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Quote:
Originally Posted by kidphilly View Post
That would be a potential game changer for the Gallery. I view Century 21 as a more up-to-date and upscale version of Ross and (RIP) Daffy's.
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Old 04-05-2014, 09:04 PM
 
Location: Los Angeles, CA
175 posts, read 241,725 times
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OMG, i would be sooo happy if century 21 came to philadelphia. every time i go to NYC i make a pilgrammage there!
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Old 04-06-2014, 08:04 AM
 
Location: Philadelphia
11,942 posts, read 10,818,746 times
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Quote:
Originally Posted by kidphilly View Post
Hah-you have been calling for this for a while, right? That would be very good news.
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Old 04-06-2014, 08:18 AM
 
Location: The City
22,381 posts, read 33,159,779 times
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Quote:
Originally Posted by 2e1m5a View Post
Hah-you have been calling for this for a while, right? That would be very good news.
More of wish but thought would be a good change - I am hopeful the rumor is true both for me personally I like to shop at C21 and going to NYC or North Jersey is not norm for that shopping. And also think it would be good for ME
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Old 04-24-2014, 08:04 AM
 
Location: The City
22,381 posts, read 33,159,779 times
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Discount-apparel retailer Century 21 coming to the Gallery
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Old 04-24-2014, 08:32 AM
 
1,114 posts, read 1,966,926 times
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Definitely an upgrade to what is there now. Hopefully, they make other more substantial changes to the Gallery, and the project across the street happens. In any event, seems like things are happening for the positive.
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