Nike’s NYC Street Race Offers Rent Money to Winners, Highlighting Housing Affordability Crisis

At Nike's NYC street race, where runners went head-to-head for rent money, affordability was top of mind

Akinola Raymond, 32, of Manhattan, grinning at the podium on Saturday. Raymond said his rent was $3,800 a month. Truman Dickerson / Business Insider Nike offered two NYC street-race winners up to $4,000 each to cover a month's rent. Some racers and spectators said $4,000 doesn't go far enough in New York's housing market. Affordability has been a major focus of Mayor Zohran Mamdani's administration. Luckily for the winners of Nike's street race — and perhaps Nike as well — both pay less tha...