City To Help Artists Get Their Piece of the Rock
WYNC is reporting that the city is setting up a $100 million fund to help artists purchase the spaces in which they live and work. In announcing the fund’s creation, City Housing Commissioner Sean Donovan noted that artists deserve to share in the wealth that their pioneering efforts create. “If we believe as I think…
WYNC is reporting that the city is setting up a $100 million fund to help artists purchase the spaces in which they live and work. In announcing the fund’s creation, City Housing Commissioner Sean Donovan noted that artists deserve to share in the wealth that their pioneering efforts create. “If we believe as I think many of us do, that artists not just need affordable housing, but actually create real estate value, what we’re trying to do is create a fund that would actually leverage some of that, bring in investment dollars to follow artists, and allow them, for reduced prices, to buy their space.” Remember the discussion we had about the fate of the artists on South 11th Street?
$100 Million Fund for Artist Housing [WNYC]
Anon 5:32, c’mon….I think it’s safe to assume that the City Housing Commission is not about to give out subsidies to wealthy artists. I can’t imagine it being other than ‘needs-based’. So, I think we’re back to the lobsters-in-a-barrel thing. 100 mil is not going to go very far in today’s market, it might subsidize 30-60 or so apartments, so why not let them have their day. I honestly don’t understand what all this griping is about.
I don’t think this is a lobsters-in-a-barrel thing. It would be one thing if we were talking about *need-based* support for artists– but I work with a lot of artists, and all of them have trust funds. It’s hard to make it through art school without one.
Hey I’m a non-driving, child free, BFA degree holding person, so gimmie my subsidized place and give it to me now!
I tired of subsidizing everyone else and working 8-6 to support myself. (BTW:what ever happened to 9-5?)
everyone is missing the point that work/live artists, in particular, help to “add value to real estate.” That is what the quote said.. That is the difference between artists and cops or teachers. Since artists help to increase real estate prices and engender development in neighborhoods (especially when the bothg live and work there) the city wants ot help them reap some of athe benefits. an entirely reasonable goal. and actually could be good for a much wider group of beneficiaries. not everything is a hand out. sometimes it is just good olicy when looking at overall trends….
Could some of these cops and teachers please report to ghetto central, where their squats are waiting to be rehabilitated?
What, no takers? Maybe because they actually have to work in those neighborhoods when they’re still rough, they don’t wanna live there too. They’d rather live on staten island or hicksville.
But I’d love to have a cop as a neighbor in my building. Where are you, officer? It’s a raw space ready to be built up.
Picking up on Crafty’s dilemma… will this fund work in conjunction with the zoning changes going on in this city (ie. large parts of Long Island City converting from light industrial to residential)?
Seems that you can’t help artists find WORK SPACE (not apts) if you don’t permit non-residential areas in the city. Setting up a starving-artists fund, although well intended, may ultimately be pointless if all industrial areas in the city are rezoned.
Get thee to the planning board meeting!
make-up artists?
don’t quit your daytime job, comedian.
Does this include makeup artists?
“Have we stopped giving assistance to those in need?”
Yeah, that’s a huge need, to live in New York City. Where are our priorities?