tag:blogger.com,1999:blog-2048034911181517049.post257236597764274931..comments2024-03-27T05:56:36.051-04:00Comments on H A R L E M + B E S P O K E: ☞ ARCHITECTURE: Artimus Selected for 110thUlysseshttp://www.blogger.com/profile/00817576268296958520noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2048034911181517049.post-30463727473920952422013-12-21T11:21:10.470-05:002013-12-21T11:21:10.470-05:00Affordable housing for a building that sits across...Affordable housing for a building that sits across from the park is misguided. This will either work in 2 ways. <br /><br /> 1. Someone who is middle income will get the ultimate lottery and be able to buy something for 250K that is worth 1.5M, I believe this is unlikely as the subsidy would be too great in totality. The purpose of affordable housing should not be to mint millionaires. <br /><br />2. Someone who is higher income who can afford a 1M apartment will get a lottery spot to buy a 1.5M apartment for 1.1M, I believe this is a more likely scenario. I think the city subsidizing someone who is relatively well off to be able to buy an apartment on the park instead of up 2 blocks is a poor use of city funds.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2048034911181517049.post-31198060172633661082013-12-19T19:51:53.466-05:002013-12-19T19:51:53.466-05:00my goodness. what is wrong with the city? An 80/20...my goodness. what is wrong with the city? An 80/20 building adjacent to Central Park???? This should be an A class building no doubt!Anonymousnoreply@blogger.com