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On the Rise
As we learned on yesterday's show, Greenpoint is an environmental disaster. Residents fear that living there is dangerous to their health. Yet rents there are rising and developers plan to build luxury apartments along its waterfront. What does that say about New York City's housing market? As cheaper, less desirable neighborhoods get more expensive, are there still affordable options? And why do so many New Yorkers have to live in substandard conditions?
Leonard talks to Motoko Rich, real estate reporter for the New York Times. Plus we take your calls at 212-433-WNYC (212-433-9692).
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