Thursday, August 22, 2013

Upscale condo owners use one door, renters use the POOR DOOR

West Side Rag » NEW UWS DEVELOPMENT COULD HAVE SEPARATE ENTRANCE FOR POORER PEOPLE

"A 33-story building slated to be built on Riverside Boulevard between 61st and 62nd street will have an entirely separate entrance for people of lower socioeconomic means: a door for the poor, or as we call it, a “Poor Door.” The affordable homes will be oriented towards the back of the building, while market-rate units will have a view of the Hudson."
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The developer had to include some affordable units in order to get credits that allow more floor area, and this is worth maybe "tens of millions of dollars." Sounds very inclusionary until you realize that the developer intends to completely segregate the renters from the condo owners.

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