THE CASH-STARVED Housing Authority plans to raise millions by leasing out some of its underused land to luxury condo developers — and the real estate rush will start in the hottest market in the city, Manhattan.
NYCHA Chairman John Rhea said Monday he wants to rent out vacant land and parking lots to developers to construct market-rate housing with some affordable units, though he declined to say where the properties are. A source later said the plan would start at 25 projects in Manhattan.
“This is a landmark in the evolution of NYCHA,” Rhea told a crowd of the city’s power elite at a breakfast hosted by the Association for Better New York. “A decade ago, this wouldn’t have been possible because developers would have considered our properties off-limits.”
The plan — which has been talked about for years by both Rhea’s debt-hobbled agency and public officials — would hand developers tax breaks to build both luxury and cheaper units on leased NYCHA land. Rhea insisted no public housing would be sold off and not a single unit in the agency’s 334 developments would be lost. Instead, NYCHA would rent out vacant plots, parking lots or administrative buildings that currently have no housing.
14 comments:
Get ready for a majority of those project dwellers to be uprooted from Manhattan into Queens. All you Queens North and South precinct commanders get ready; your Compstat numbers are about to skyrocket. No Deputy Inspector promotoion for you, unless you can REALLY cook those books!
Yeah, there's too much open space
in these ghetto projects that its "undesirable"
inhabitants don't deserve.
NYC made a mistake in not cramming in more buildings instead of planting greenery when they were built back in the day.
Now the land rush is on.
One question remains.
How do you integrate (oops...is that a bad word to use?) the existing lower income housing with luxury in-fill development?
Won't the "natives" get restless?
Asshole poster #1:
There aren't any "PROJECTS" located in
northeast Queens.
i.e.
The Flushing area has only Bland and Latimer
and that's VERY far away from Broadway, Douglaston,Little Neck, etc.
You, who reside in Astoria,
are in the middle of Fort Apache territory right now.
Get over your jealousy of northeast Queens'
better life and move out here...if you can afford it.
Ahhh, but talk is much cheaper and your
word spitting speed is somewhere around 60 miles an hour.
The vast majority of public housing in QUeens and Manhattan already have "luxury condos" being built adjacent to public housing developments.
Astoria houses: along the East River and Hellsgate Park
http://queenscrap.blogspot.com/2012/08/does-anyone-really-believe-this-crap.html
Latimer Gardens: Between 34th avenue and Linden Place there is a 7 story "luxury condominium" being built.
Bland Houses: One Fulton Square being built North of the Bland Houses
http://www.fandtgroup.com/?p=1563
http://www.nypost.com/p/news/local/queens/new_mixed_use_flushing_complex_to_WNhn0A18rqZ3P4sEkNhgMJ
QUeensbride Houses: In every direction except the park (to the east and those big vacant lots on 23rd street) devlopment has been popping up.
There's not a project in Manhattan that doesn't have rapid development sprouting up in its vicinity.
The buildings were built with that density for a reason.
The problem is schools that have history departments and urban studies disciplines that should speak out themselves are involved in touting for development.
Yea, Columbia and NYU, we mean you.
John Rhea put Lehman Bros Global Acquisitions in the toilet, heading up the international REAL ESTATE division. He got his job because as a major fund raiser for Obama, when Rhea was out on the bricks, our president called up Bloomberg and directed him to give Rhea something to do.
Appointing him to Commissioner of NYCHA serves another purpose. Poor blacks are deluded into thinking he is one of them and therefor will not organize against Rhea no matter how shitty a job he does or in this case doesn't do.
Anyone see the recent investigation into NYCHA? where did that go?
Asshole poster #1:
There aren't any "PROJECTS" located in
northeast Queens.
i.e.
The Flushing area has only Bland and Latimer
and that's VERY far away from Broadway, Douglaston,Little Neck, etc.
You, who reside in Astoria,
are in the middle of Fort Apache territory right now.
Get over your jealousy of northeast Queens'
better life and move out here...if you can afford it.
Ahhh, but talk is much cheaper and your
word spitting speed is somewhere around 60 miles an hour.
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Thanks jackass, but I would rather stay here and fight what you Northeast Queens tards are doing to destroy the area, even if it just makes things more difficult to you. In addition, I wouold rather live next door to a project full of savages than have your dumb, arrogant ass as a neighbor.
Plenty of these lowlifes already live in northeast queens, and they don't require housing projects. Who do you think is living in all those newly built, unsold two family houses that were built in Bayside and Little Neck. It seems like there are 10 families and 50 kids living in each one of these unsold houses. I guess 50 welfare checks pooled together can pay the rent on one apartment or house.
It surely sounds like
you're one of those "low-lifes" yourself fella!
A future reminder...your sphincter isn't for talking.
You dig in and fight for Astoria you asshat.
John Henry lost to the steam drill just like you will!
Astoria....better known as the asshole of Queens.
But,
isn't your real residence a rent controlled
Yorkville, Manhattan apartment?
You merely reside in Queens.
But if you'd like,
you could move next door to some of those "savages" in the "Queesbridge Projects".
You're as phony as a 3 dollar bill!
You dig in and fight for Astoria you asshat.
John Henry lost to the steam drill just like you will!
Astoria....better known as the asshole of Queens.
--------------------------------
It's a shame, Crappy decided not to print my response to you, but I can surely understand why that decision was made. You and certain female members of your family wouldn't have liked it.
Female members of your family?
WTF RU talking about bub?
You need your bolts tightened a little fella.
They're rattling around in your hub cap.
It sounds like GAHS doesn't like what's being said here.
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