Monthly Archives: November 2014

The answer to New York City’s affordable housing crisis is under its feet

Leonard Grunstein has recently published a new op-ed in Republic 3.0. In the op-ed, Grunstein describes a potential solution to New York City’s lack of affordable housing.

Currently, residents making between 20-40k per year are spending about 40% of their income on rent – a significant increase over the past 15 years. Partially to blame for the increase in costs is the surge in luxury towers over middle-income housing – which has some believing that New York is in the midst of a luxury housing bubble. Another significant reason, as noted by Grunstein, is a lack of land available in the private sector at prices low enough to allow the creation of affordable housing.

Details can be found by clicking the full article, here.

Leonard Grunstein shares videos of must-see locations around NYC

Leonard Grunstein has recently shared several videos that feature photos of some of NYC’s best places to do business. Bryant Park (Manhattan – New York Public Library), Amster Yard (East 49th Street) and Tudor City Greens (42nd Street – United Nations) have their own unique features that make each park the perfect place to enjoy the outdoors within New York City.

Photo slideshows and full descriptions of each park can be found on Grunstein’s Vimeo and YouTube channels.