80/20

… If youve ever entered New York Citys affordable housing lottery youve probably read one key term over and over again area median income But what does that actually mean In short area median income or AMI defines the median incomes …

… pay whatever I need to even if it doesnt make any sense But apartments that are priced appropriately weve been able to … on for a while says Citi Habitats president Gary Malin Incomes are not rising fast enough and for the tenant … projects even in the Flatiron or the East Village Photo 19 Park Place … Amenities go a la carte … On a lighter note …

… While many New Yorkers are clamoring for a spot in one of the citys rare affordable 8020 rentals often when you look into a buildings income requirements and rents theres an inevitable followup question Who can really …