New York’s Affordable Housing Program has a flawed model

Rental developers say just one of the Affordable New York Housing Program’s several development plans makes sense — and then only in certain neighborhoods, likely in Queens and Brooklyn, where land prices are still low. During a panel discussion on Thursday at the 101 Club, developer Matthew Baron, president of Simon Baron Development, said the…
Source: nypost Real estate
New York’s Affordable Housing Program has a flawed model