NYC approves new high rise in Manhattan that will include separate "back alley" entrance for low-income tenants

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It would be difficult to come with a more on-the-nose metaphor for New York City's income inequality problem than the new high-rise apartment building coming to 40 Riverside Boulevard, which will feature separate doors for regular, wealthy humans and whatever you call the scum that rents affordable housing.

Extell Development Company, the firm behind the new building, announced its intentions to segregate the rich and poor to much outrage last year. Fifty-five of the luxury complex's 219 units would be marked for low-income renters—netting some valuable tax breaks for Extell—with the caveat that the less fortunate tenants would stick to their own entrance.

The city's Department of Housing Preservation and Development approved Extell's Inclusionary Housing Program application for the 33-story tower this week, the New York Post reports. The status grants Extell the aforementioned tax breaks and the right to construct a larger building than would ordinarily be allowed. According to the Daily Mail, affordable housing tenants will enter through a door situated on a "back alley."

Any of the unwashed folk who complain about such a convenient arrangement, of course, are just being ungrateful. As the Mail points out, fellow poor-door developer David Von Spreckelsen explained as much last year:
"No one ever said that the goal was full integration of these populations," said David Von Spreckelsen, senior vice president at Toll Brothers. "So now you have politicians talking about that, saying how horrible those back doors are. I think it's unfair to expect very high-income homeowners who paid a fortune to live in their building to have to be in the same boat as low-income renters, who are very fortunate to live in a new building in a great neighborhood."

In these economically fraught times, it's easy to forget that the super rich earned their right to never see you, hear you, smell you, or consider your pitiful existence. Expecting them to share an entrance would be unfair.
 

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I bet some of these rich people will hang out in.the back entrance asking where they can buy weed or crack........
 

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so many things are so wrong

1) segregation
2) people who can't afford a luxury apartment living in a luxury apartment
3) the owner getting tax credits

numbers 2 and 3 are being funded with OPM

only in America
 

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Affordable Housing is ridiculous. A 2br apartment in a Manhattan building like this one would rent for at least $5000/month. The 50 units reserved for low income housing will charge about $750/month. So about 50 families who are lucky enough to win a powerball like lottery get to live in a baller apartment that other people would gladly pay more for... What else could be done here you ask?

How about rent them at full price, and require the owner to pay that $4250x50 = $212,500 PER MONTH, or more than $2MM per year towards something that helps more than those 50 families? That amount of money could build an entire tower of apartment buildings every year somewhere in an outer borough with less than an hour commute to Manhattan. That money could feed every homeless person in the city. It could be used to build mental institutions to help those homeless with problems, preventing crime on innocent citizens. It could build a ship and send all the entitled jackasses that think they're owed an apartment in Manhattan on a long trip to somewhere else.

You see my point. Affordable Housing Plan actually hurts the people it's supposed to help the most.
 

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Seems pretty fair..... assuming the are not concerned about the horrible market distortions that tax credits and rent controlled apartments cause.
 

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The 55 low income apartments won't be luxury baseboard heat no washer dryer hookup ect
 

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The 55 low income apartments won't be luxboard heat no washer dryer hookup ect


That's what I assumed, I.mean, no way the low income apartments will look like the ones in the same building that rent for say $5,000 a month.

That would be insane to pay $750 a month & have a hot tub, personal gym, etc.

Thing is, let's says there is a swimming pool on the top floor, will the low income people living in the building be able to use it?

I wonder if there woll be any buglaries from the low income people towards the wealthy......this just has a feel of the titanic where the poor were on the lower level by the boiler room & the rich were having a great time at the top.

I hope all this works out for everyone but I can see this going sideways.
 

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Maybe these poor folks can get jobs at the rich people's spas, shops, and pools in the building. Win/Win.
18n_tenants_ipad-525x350.jpg
 

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