Photo of Harlem via Ian Freimuth/Flickr
Just hours ago, 6sqft published an article about how many middle-income New Yorkers forego affordable housing opportunities because the “affordable” units are actually more expensive than their current market-rate homes. And now here’s a perfect example. Five units are available through the city’s housing lottery in the heart of Harlem, at 10 West 132nd Street, but the two studios are $1,900/month and the three one-bedrooms are $2,270/month. For a two-person household earning between $ 77,829 and $ 108,550 annually, is a $2,300 monthly rent payment really affordable?