Real Estate Wire: Rent Vouchers Instead of ‘Poor Doors’; Inside the $1.4B MTA Fulton Center

Posted On Mon, September 15, 2014 By

Posted On Mon, September 15, 2014 By In Real Estate Wire

  • A peek inside the new $1.4B MTA Fulton Center under construction. [NYDN]
  • The ‘poor door‘ fix: Leonard Grunstein pens an op-ed saying that rather than requiring developers to produce more affordable units, they should give rent vouchers for low-income tenants for use at other apartments in the city. [Crain’s]
  • Blame Anna Wintour. A slew of new luxury condos are coming to Bushwick. [NYT]
  • How revamping the city’s parking could give way to more affordable housing. [NYT]
  • The landmarked Banknote building in Hunts Point has sold for $114M. It’s the second major Bronx landmark to go this month. [Welcome2theBronx]

A NYC rental in Bed-Stuy (left); Fulton Center (right). Image © NYDN



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