Louis Cappelli is negotiating with the city of White Plains to develop 2,000 to 3,000 apartments on the closed Galleria Mall site, emphasizing affordable housing. The proposal includes two towers exclusively for rentals for households earning 60 percent of the area median income. An additional 300 apartments will be mixed in with market-rate units across the five other towers. The separation of income groups may economically benefit the project, but mixed-income housing has been shown to promote social integration and better outcomes for residents.
Cappelli is proposing a project that includes 2,000 to 3,000 apartments on the Galleria Mall site, with a focus on affordable housing.
The plan includes two towers exclusive to rentals for households earning 60 percent of the area median income, which has raised concerns.
Separate buildings for different income groups might economically benefit the project, but could hinder social integration and aspiration among residents.
Mixed-income housing is seen as more effective politically and socially, promoting shared experiences and aspirations among diverse income levels.
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