Interesting Read, and Useful to Know | How and Why Large Construction Companies Include Low-Income Tenants in Buildings

[Think Progress]

In New York City, this arrangement is relatively common. Luxury builders get credits to use up more square footage than they normally could by promising to build affordable units as well. Those developers can then sell the credits to cover the costs of building the low-income housing. Because Extell considers the affordable segment to be legally separate from the rest of the building, it says it is required to have different entrances.

Luxury Apartment Building Will Have Separate Door for Poor Residents

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