From the NY Times:The New York City Housing Authority has posted on its Web site new details of its plan to lease lands for private development at eight Manhattan projects, with the caveat that much of the plan is subject to revision.
Housing officials have been releasing the information piecemeal at tenant meetings over the last few weeks, but faced criticism from both tenants and elected officials that they had not disclosed enough information about the proposal.
In all, New York City housing officials expect some 14 residential towers to be built in the eight housing projects, with mostly market rate apartments.
The officials said the plan could yield more than $50 million a year to help them defray $6 billion in unmet capital improvements and repairs.
The new construction would replace parking spaces, garbage compactor yards, recreational areas and community centers. Housing officials said some of those facilities would be relocated.
9 comments:
Right. Luxury hi-rises in the projects. Just where I'd like to move.
That's one way to drive the "darkies" and "undesirables" out...some nasty social engineering at work.
They're going to take away "recreational areas" to build housing for people who can afford gym memberships and vacations. Feh.
Oh, you didn't know? According to its own officials, NYCHA and its residents serve as an economic that keeps this city of neighborhoods moving forward.
So why do we let the tenants have a say? They don't own. They dont even pay market rate rent. Be glad for what you have. You have no right to say what happens with land you dont own.
Its about fucking time. These housing projects failed miserably. Built to help people get back on their feet, they are now passed down generation after useless generation. Having them gives the people who live in them no motivation to strive for greater things.
Thank you Jon Torodash. Super informative and very interesting. Those numbers are staggering.
KNock them down and re-
develop. More tax $$$for the city!!! Why should families who have civil service and or othermiddle class jobs be given 2 or 3 bedroom apartments at 1/3 market rate???
Divide NYCHA's operating + capital budget + other grants (I reckon it to be at least $3.5 billion yearly from their data) by the total number of units it manages and I believe you'll find the agency spends above market rate on a per apartment basis by most estimates in every borough except Manhattan, even if it were putting everyone in a separate one bedroom unit. Plus, I imagine the agency doesn't pay property tax on its holdings, so the amount would be even higher than that.
And it's not only NYCHA: The Dept. of Homeless Services spends upwards of $3000 a month per unit for apartments with no private bathroom or kitchen.
With over 260,000 people on the waiting list for city and federal housing combined in NYC, and an income threshold for a single person to get public housing set at just under $50,000, you've got an unbelievable amount of mismanagement. And then there's the Boston consulting group fiasco...
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