The owner of 307 West 79th Street is threatening to turn the flailing SRO into a homeless shelter if the city and state don't allow him to rent out unoccupied rooms to travelers, despite local laws forbidding renting in residential buildings for less than 30 days. West Side Rag explains the case for this cash-strapped owner: one room in a homeless shelter may go for as much as $3,700 taxpayer dollars a month when an SRO room may cost less than $1,000 a month. [WSR]
Filed under:
Loading comments...