Recently, we reported about the brisk selling of the BMR (Below Market Rate) units at 888 Seventh Street, and how they were snatched up in a matter of seconds. Thanks to a reader’s inquiry in the comments of that post, we dug a little deeper and learned that of those 170 BMR units, only 27 are the BMRs for 888 Seventh, the other 143 are the BMRs for the The Infinity. Translation: The Infinity has put all it’s BMR’s off site in 888 Seventh Street. Certainly didn’t know this, but now we do, and so do you.
–Mayor’s Office of Housing [website]
–1 Part Infinity, 1 Part Dwell, 2 Parts You! [sfn BLOG]
why did they switch the BMR count between buildings? So does that mean once a unit or house becomes BMR that’s locked for life?