Hudson County, NY – Residents protest affordable housing building

Still clutching a subtly racist flyer someone spread through the upper east side neighborhood, neighbors of a proposed affordable housing development raised their objections at a City Council meeting last week, saying they were never notified of the project and feared its impact on their quality of life in an area city planners claim has become blighted over the last decade.

The 47-unit facility is proposed for Avenue E and East 45th Street.

While many residents raised serious concerns about the impact on parking it might have on streets where parking is already a problem, the most serious question involved money: how much the city was getting from the development of the land in tax revenues, and whether the moderate rents offered by the facility would steal away renters from existing two-family houses in that neighborhood, which currently go for market rate rents.

Riled by the flyer, angry residents flooded into the council chambers to confront City Council members at the regular meeting on May 18. They demanded to know if the city was allowing the construction of a low-income housing project.

“We are not building low-income housing for those who don’t appreciate or can’t afford to pay the rent,” said Larry Regan, president of Regan Development, the company that will oversee construction and will manage the apartment complex.

Read the remainder of the story at the Hudson Reporter

Advertisements

About Bob Voelker

Head of the Munsch Hardt (Dallas law firm) Hospitality & Mixed Use Development Group, and former developer of affordable housing. I'm i
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s