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Mayor Boris Johnson has approved a plan to build 700 homes on the site of the former Royal Mail sorting office at Mount Pleasant in Islington.
The plans have come under fire from councillors after a report was leaked showing that affordable rent levels could be set at as much as £2,800 per month.
A leaked report on the redevelopment of the Royal Mail site at Mount Pleasant in Clerkenwell reveals that the Mayor plans to charge up to £2,800 per month for 'affordable' flats.
Boris Johnson is expected to grant consent for the development today.
The new site would contain 98 'affordable' rent apartments - with the report suggesting tenants could be charged £1,170 per month for a one bedroom flat, up to £1,690 for a two bedroom and up to £2,800 per month for a four bedroom family home.
The Guardian estimates that a family living in one of the four bedroom flats would need an income of £100,000 to make it affordable.
Boris Johnson is today expected to approve controversial plans to redevelop land at Royal Mail's Mount Pleasant sorting office in North London.
The proposals include hundreds of flats but have been criticised for their low proportion of affordable homes.
The mayor chose to take the final decision away from Islington and Camden councils after a request by Royal Mail.