Detailed text transcripts for TV channel - MSNBC - 20130822:

Detailed text transcripts for TV channel - MSNBC - 20130822:03:46:00

apartments with a river view. the city has rules when the apartments are in the same building, you have to make sure had a you distribute the views all the same so if 20% are affordable, then they have to get a proportionate share of the river view apartments. it creates a handful of lucky people who get these. i've heard statistics as many as 15,000 people applying for 200 units available. it's a crazy way to give out affordable housing. and so what they're doing with the so-called poor door is they're taking the parts of the building that don't face the hudson river, they face the back, and so you can get an apartment on the upper west side, a one bedroom would be between $900 and $1,000 which is a third of the market rent. >> people are like, that's affordable? >> on the upper west side of manhattan, north of $3,000 for a new construction, one-bedroom apartment. so i don't understand what's so terrible about giving this very deeply discounted apartment in a very desirable neighborhood. >> and you have to go through a separate entrance. >> this is a jim crowe building. you have a colored entrance and -- >> well, we should say it is not segregated by race.

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