• filter:

Affordable New York

  • Page :
  • 1
  • Text Only
  • Search this Topic »
"....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  https://cooperator.com/article/421a-becomes-affordable-new-york/full#cut

Thanks for visiting FatWallet.com. Join for free to remove this ad.
So why don't you become a Manhattan construction worker?

This clearly belongs in Finance...

  • Quick Reply:  Have something quick to contribute? Just reply below and you're done! hide Quick Reply
    Click here for full-featured reply.

Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.

Thanks for visiting FatWallet.com. Join for free to remove this ad.

While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2017