A Tale of Two Towers

The number of new housing units built or renovated is constantly growing right alongside the number of people requiring affordable housing.  Nonetheless, “half of the units will be market rate, half will be affordable.”  It’s the same ol’ story and it’s not changing anytime soon.

Part of NYCHA’s plan to preserve public housing for the next generation includes renovation and new-unit construction on ‘underutilized’ land within the traditional towers-in-the-park designed developments.  On these sites developers construct market rate apartments and preserve a percentage for low-income individuals and families.  The problem, or at least one of them is that the amount of people needing access to affordable housing is growing faster than the number of units entering the market.

Because we need affordable units en masse to answer the call to house as many low-income families, and reduce the amount of unsheltered residents as possible, it only makes sense to expand public housing units.

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