Quicklink: Honey Smacks

WGNAscChoice quote/excerpt:

…So residents of Greenpoint and Williamsburg, do you want Cheerios (real affordable housing at income levels that residents that are so desperate for a affordable home can afford) or Honey Smacks that the non-binding agreements by the Bloomberg administration and the City Council created. If you look at the tower plan from the 77 Commercial Street Environmental Assessment Statement, it lays out affordable housing which is out of reach to most residents and yet it’s heavily subsidized…

Subsidized = our tax dollars are paying for affordable housing that is not, in fact, affordable. Those of you who want to read a concise, easy to follow breakdown as to why affordable housing as put forth by Two Trees and Clipper Equities (77 Commercials Street) is little more than smoke and mirrors— among many other things— please do give this tome a read. It is time well spent.

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