Mayor's Housing Plan: One-Third Done

A tipster says Mayor Bloomberg will celebrate the funding of 55,000 units of affordable housing, bringing him more than one-third of the way to his 165,000-unit goal, with six years to go.

Where will he proverbially uncork the Champagne? Where else? East New York, probably not too far from Starrett City, where another 6,000 units hang in the balance. As fast as he puts ‘em up, they come down.

- Matthew Schuerman