In the summer of 2014, 53,000+ people applied to live in 89 affordable apartments at Artspace PS109. This has become an all too common scene in New York City’s housing market. Decades of public subsidies and assistance for luxury development in NYC have increased property values and rents all across the city. This rise has led to the displacement of working- and middle-class families. The main “community benefit” in return for publicly assisted displacement has been the opportunity to enter an affordable housing lottery and hope Yolanda Vega calls your number, allowing you to remain.
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