commented on Move Over, Burnside 26! The New Apartment Building You'll Love to Hate is the YARD
The fact that anybody would have to agree to pay $2400 for a one-bedroom is the underlying problem, but Yard is the solution to the extent that it's giving those people who can afford that price a place to live other than my house. If it weren't there they'd be bidding their way into it instead.
Also might be worth noting that 57 of those apartments will be low-rent and reserved for households making 60 percent or less of local median income.