Less Housing for Residents of Average Pay, Report Says
By JANNY SCOTT
Published: June 16, 2006
The report, to be released today, for the first time puts hard numbers on a cost squeeze that has intensified with the real estate boom. The researchers found that the number of apartments affordable to households earning about $32,000 a year, or 80 percent of the median household income in the city, has dropped by 205,000 in just three years.
June 14, 2006
Square Feet
In Major Projects, Agreeing Not to Disagree
By TERRY PRISTIN
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In New York, however, some critics are wondering if this trend is threatening to distort the planning process. They say the danger is that local groups will agree not to oppose the projects in exchange for favors that may be unrelated to the project's impact on the neighborhood.
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