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	<title>Observer &#187; Thank You, Mr. Mayor: Queens West Affordable Housing Not So Affordable</title>
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		<title>Observer &#187; Thank You, Mr. Mayor: Queens West Affordable Housing Not So Affordable</title>
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		<title>Thank You, Mr. Mayor: Queens West Affordable Housing Not So Affordable</title>

		<comments>http://observer.com/2006/12/thank-you-mr-mayor-queens-west-affordable-housing-not-so-affordable/#comments</comments>
		<pubDate>Mon, 18 Dec 2006 12:31:14 -0400</pubDate>
					<link>http://observer.com/2006/12/thank-you-mr-mayor-queens-west-affordable-housing-not-so-affordable/</link>
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		<description><![CDATA[<p>As so often happens in New York City, affordable housing isn't always affordable. In the case of Queens West, the city's biggest new middle-income development in 30 years, this reality is particularly ironic.</p>
<p>The 5,000 rental apartments slated for the 24 acres on the Long Island City waterfront are targeted at families making from $60,000 to $145,000 a year. Rents at Queens West are slated to be $1,200 to $2,500 a month.</p>
<p><img alt="bloomberg2.jpg" src="http://therealestate.observer.com/bloomberg2.jpg" width="180" height="269" /><br />Bloomberg: He doesn't rent.</p>
<p>Thing is, however, most Queens residents, including civil servants like firefighters and cops, can't afford those rents, according to <a href="http://www.prattcenter.net/pubs/PrattCenter-Queens_West_Issue_Brief.pdf">a recent study (PDF)</a> from the Pratt Center for Community Development. <a href="http://www.newyorkbusiness.com/apps/pbcs.dll/frontpage"><em>Crain's</em></a> reports this week that the study found that the median household income in Queens was $45,000 in 2005, below Queens West's minimum income requirement. For civil servants, the median income was $56,000, also below the income requirement.</p>
<p>These statistics seem to buck Mayor Bloomberg's declaration that Queens West would "provide much-needed housing for the real backbone of our city - our teachers, nurses, police officers."</p>
<p><em>- Tom Acitelli</em></p>
]]></description>
		<content:encoded><![CDATA[<p>As so often happens in New York City, affordable housing isn't always affordable. In the case of Queens West, the city's biggest new middle-income development in 30 years, this reality is particularly ironic.</p>
<p>The 5,000 rental apartments slated for the 24 acres on the Long Island City waterfront are targeted at families making from $60,000 to $145,000 a year. Rents at Queens West are slated to be $1,200 to $2,500 a month.</p>
<p><img alt="bloomberg2.jpg" src="http://therealestate.observer.com/bloomberg2.jpg" width="180" height="269" /><br />Bloomberg: He doesn't rent.</p>
<p>Thing is, however, most Queens residents, including civil servants like firefighters and cops, can't afford those rents, according to <a href="http://www.prattcenter.net/pubs/PrattCenter-Queens_West_Issue_Brief.pdf">a recent study (PDF)</a> from the Pratt Center for Community Development. <a href="http://www.newyorkbusiness.com/apps/pbcs.dll/frontpage"><em>Crain's</em></a> reports this week that the study found that the median household income in Queens was $45,000 in 2005, below Queens West's minimum income requirement. For civil servants, the median income was $56,000, also below the income requirement.</p>
<p>These statistics seem to buck Mayor Bloomberg's declaration that Queens West would "provide much-needed housing for the real backbone of our city - our teachers, nurses, police officers."</p>
<p><em>- Tom Acitelli</em></p>
]]></content:encoded>
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