Sponsor

wnyc.org / 93.9fm / am 820

City Eyes Waterfront for Middle Class Enclave

Wednesday, August 13, 2008

The Bloomberg Administration made its pitch to the City Planning Commission for using public money to prepare and help build a new middle class enclave on land once envisioned for an Olympic Village.

The city is planning to enlist private developers to build 5,000 apartments on the largely vacant waterfront area just south of Long Island City.

Sixty percent of those homes would be priced for middle class families.

Assistant housing commissioner Ruthanne Visnauskas says that's because the city is losing that population.

VISNAUSKAS: This is truly a result of the high cost of housing. In fact, the high cost of housing is the No. 1 reason why people are leaving New York City.

REPORTER: In order to defray the city's cost of developing the land and installing a park, a family of four would have to earn between between $55,000 and $158,000 in order to qualify.

Housing advocates say those income limits would exclude many of the very firefighters and teachers that the community is supposed to shelter. The development would be called Hunters Point South.

Tags:

More in:

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.







URL

If you enter anything in this field your comment will be treated as spam
Location
* Denotes a required field

WHAT'S ON

Audio Help Schedule

Sponsored

Feeds

Supported by