Who thinks $ 100,000 can buy a house in Brooklyn? These two mayors who want to be – Streetsblog New York City

If you promise to make New York City more affordable as the next mayor, shouldn’t you understand how unaffordable it is for most New Yorkers?

The New York Times editorial board interviewed the top eight Democratic mayoral candidates and asked them a simple question: What is the median cost of a house in Brooklyn?

Most of the candidates were in the right direction of the correct answer ($ 900,000), but former bank executive Ray McGuire and, uh, former Housing and Urban Development Secretary Shaun Donovan seemed unaware of the obscenities of Brooklyn real estate.

“It has to be between $ 80,000 and $ 90,000,” McGuire said.

“Middle house? Including the apartments? Donovan responded after receiving the correct answer. He had guessed $ 100,000.

You could maybe buy an apartment for $ 100,000 In the 1980’s, while real estate in New York averaged $ 250 / square foot. These days you are lucky to find a $ 250,000 apartment in Union City, New Jersey (or a $ 100,000 parking space in Brooklyn). But those who can afford their own apartments are extreme cases: more than two-thirds of the city’s three million households rent. About half of these households are rent charged, which means that they pay more than half of their salary in rent; the poorer you are, the more you are more likely to have a heavy rent charge.

McGuire lives the Sanremo building on the Upper West Side, where some apartments sell for tens of millions of dollars.

“I made a mistake when accounting for the cost of housing in Brooklyn. I’m human, ”McGuire said in a statement provided to Streetsblog. “But make no mistake, I care deeply about the affordable housing crisis in our city. I know what it’s like not being able to afford a house because that was my own experience. At the heart of my housing plan, which covers the entire spectrum of housing, from homelessness to home ownership, are New Yorkers who want leadership that will bring creative, data-driven solutions to housing. At New York.

Donovan, who bought a transportation house for $ 2.3 million at Boerum Hill in 2017, did not respond to our request for comment. Donovan’s father has donated at least $ 3 million to a SuperPAC which helps the candidate.

“Have you ever said something stupid in a job interview and immediately realized that you totally misinterpreted the question? And then your friends tell you that no one will notice? Donovan tweeted, referring to the incident. “Welp. That’s why they are your friends. “

Tips

Meanwhile, the Times editorial board approved Former Sanitation Commissioner Kathryn Garcia as mayor, citing her experience as a “go-to problem solver over the past decade”.

“The city’s recovery and its longer-term future also depend on a mayor who will understand and implement the levers of good government. The same goes for its most vulnerable residents. The bottom counts for the challenges ahead, when federal aid funds dry up, the moratoriums on evictions end and the final bills for the pandemic fall due, ”the council wrote.

In her extended maintenance with the board, Garcia explained how she was going to manage the crumbling Brooklyn-Queens expressway (“I would bring the engineers back to the table”), but gave a moving glimpse of how she was remaking the streets of New York.

“My plan, when I am mayor, is to fundamentally change the streetscape so that it is more pedestrian-oriented, but also to make sure that it has cycle paths, green infrastructure and lanes. bus, ”Garcia said. “The car is pushed down into a narrower part of the pie so that we prioritize the public in the public realm, but also because it is good economic policy if it makes it more livable and we know that people actually come.

She also said she was in favor of a residency requirement for the police – although that would involve state law.

Garcia is also the only remaining top candidate to have cycled with Streetsblog reporter Dave Colon, a rite of passage considered by some to be a staple of city politics.




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