Residents also need 60.7 % of local median income to pay for the typical home — No. 1 among markets on RealtyTrac's bubble list and 3.8 percentage points higher than the previous peak. (thestreet.com)
While Albanese comes from a different camp on policing, there are several issues where de Blasio's two main Democratic challengers agree, such as providing free tuition at CUNY and using a revised local median income to make determinations for affordable housing. (gothamgazette.com)
«We hope and expect to see the Administration work now with local community groups to find additional ways to reach the deep levels of affordability that meet the true needs of the neighborhoods where rezonings are proposed, many of which have local median incomes far below the levels that will be served by MIH,» the statement read. (dnainfo.com)