Affordable New York

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"....On January 15, Cuomo announced that he had reached agreement with members of the real estate community, labor unions and other concerned parties to replace the 421-a program with a new initiative entitled 'Affordable New York.'.....

....Additionally the program guarantees that construction workers on those projects in Manhattan must receive an average rate of $60 per hour, and those in Brooklyn and Queens $45 per hour......"

@$60/hr x 40 hrs x 50 wks = $120K/yr

That is what make NY housing so UNaffordable!

See the full article at

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So why don't you become a Manhattan construction worker?

This clearly belongs in Finance...

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