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I sincerely want to know who can afford to live in Tribeca on $140k per year. Let alone $84k. I wouldn’t put too much weight into this data.
by momokoko 6y ago
I sincerely want to know who can afford to live in Tribeca on $140k per year. Let alone $84k.
I wouldn’t put too much weight into this data.
- CydeWeys 6y agoA lot of these people living there have been there for decades. You absolutely could not easily afford to move there today making only that much, but that's different. We're talking long-term existing residents with locked in rent controlled rates and/or coop owners who bought decades ago when it was still relatively affordable. And yes, all of the "data" in the linked article is complete garbage. Don't take any of it as fact.
- momokoko 6y agoAccording to this report the income of people just now moving in was $84k which as you mentioned is wildly incorrect.