At Nike's NYC street race, where runners went head-to-head for rent money, affordability was top of mind
Some racers and spectators said $4,000 doesn't go far enough in New York's housing market.
At a recent street race in New York City, Nike offered the winners up to $4,000 in prize money, which they described as the equivalent of a month's rent. However, for some racers and spectators, the prize money fell short of being enough to cover rent in New York's expensive housing market. Mayor Zohran Mamdani has been focusing on making housing more affordable, with a rent freeze set to take effect this fall and plans to build and preserve 200,000 affordable homes over the next decade.
Despite the race being held to determine who was the fastest in New York, with the prize money as an incentive, some spectators felt that $4,000 was not enough to make a significant difference in the cost of living in the city.
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