How despicable is CWCapital? This is the company that tries to squeeze every cent out of tenants, that fills apartments with transient students, and has tried, with some success, to rip apart this community through a variety of divide and conquer tactics. This is the company that raised rents mid-lease on "market-rate" tenants. This is the company that said of the unfortunate tenants in PCV whose buildings were affected by Hurricane Sandy, and who were not getting proper services ("basement access, laundry rooms, intercoms, trunk rooms, security, and even elevators", TA report), and who sought a temporary rent reduction, that they were “petty and mean spirited” and that “tenants seek to transform these events into an opportunity to profit.” These are same bastards who now charge you $75 to have your door opened in case you get locked out. These are also the same bastards who do not paint your hallways or clean your buildings or our exterior walkways with regular proper care, but somehow have enough money to spend on a revolving door concept of "landscaping" that has, in the Oval, ripped out beautiful trees, flowers and plants to replace them with a disheartening bare, institutionalized look. This is the same company that doesn't care if it wakes you up in the morning for construction work or leaf-blowing or whatever the hell they want to do. This is a company that doesn't care about you, the middle class, but would be delighted if you left so they could further raise the rent of your apartment, and would celebrate any incident, death included, if it meant getting an old apartment renovated to a new one so that an extra couple of thousand dollars could be added to the rental fee.
And now this company wants to make you an offer.
The second page deals with the waiver, 35% of the retroactive charge, and how much that would be for your apartment. I found this amusing, though. CWCapital wants to "allow our community (italics mine) to move forward."
So don't forget to sign those pledges (see below). And let me repeat what I wrote in that introduction:
CWCapital is very worried about tenants getting together on this issue, which is why they will be making another sleazy offer soon to lower the temporary retroactive charges as they keep, of course, the MCI charges that will permanently burden your rent bill and, furthermore, provide a greater increase in your rent when you renew your lease. Affordable middle class housing is in serious trouble in PCVST, and we must take a united stand against the tactics that are directed toward eliminating such housing and forcing middle class tenants to move out.
UPDATE: If you filed an appeal of the MCI orders with the TA or individually, and you accept CWCapital's offer, you will accept withdrawing from the appeal with prejudice, meaning that will be legally forbidden to refile forever.
2nd UPDATE, from the TA:
On Friday, Nov. 8, many of you received a second offer from CWCapital to reduce your retroactive charges by 35% and withdraw their appeal to collect $15 million of MCI costs that the DHCR denied. Accepting their offer means that you would have to agree not to appeal the MCI orders, which means you would not be able to participate in the Tenants Association's own fight against the MCIs.
The TA is in consultation with its counsel and will be advising tenants what to do. In the meantime do not agree to the terms of CWCapital's letter until you hear from us. We will get back to you as soon as we can.
To all of you with printers: Please help the TA spread the word to residents who are not on our email list or who do not have computers. If you can, please print this message out and slip it under the doors of others on your floor. Thank you.
Tangential Update: Not part of the above, but just a note that we are still losing this city to monied real estate and housing for the mega-rich. How did this monstrosity get approval?...
And more dispiriting info:
I hope these are the final F.U.s from the Bloomberg era, but I fear it may not be so.