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