Cost of Living
The Upper East Side maintains the highest pricing per square foot in the United States. A 2002 report cited the average cost per square meter as $8,856; however, that price has noticed a substantial jump, increasing to almost as much as $11,200 per square meter as of 2006. There are some buildings however that are made for the small minority of middle class citizens which costs about $125 per square foot.
The only public housing projects for those of low to moderate incomes on the Upper East Side are located just below the neighborhood's northern limit at 96th Street, the Holmes Towers and Isaacs Houses.
Read more about this topic: Upper East Side
Famous quotes containing the words cost of, cost and/or living:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Each is under the most sacred obligation not to squander the material committed to him, not to sap his strength in folly and vice, and to see at the least that he delivers a product worthy the labor and cost which have been expended on him.”
—Anna Julia Cooper (1859–1964)
“We are living now, not in the delicious intoxication induced by the early successes of science, but in a rather grisly morning-after, when it has become apparent that what triumphant science has done hitherto is to improve the means for achieving unimproved or actually deteriorated ends.”
—Aldous Huxley (1894–1963)