From the TA:
Owner’s “MCI Help Center” Will Help Owner More than Tenants
CWCapital has set up an “MCI Help Center” in Peter Cooper Village. Make no mistake: this is not a tenant-friendly helping hand. The thrust of this help center is to rope in the confused, the scared, and those who may think CW’s offer is generous or worthy of serious consideration.
According to the Tenants Association’s attorney, there are powerful reasons why you should not sign CW’s offer:
• The proposed agreement is illusory, deceptive and unenforceable.
• The language of the form encourages acceptance while the Owner holds a trump card of unilateral termination.
• The agreement appears to be an attempt to intimidate those tenants who support the TA’s challenge to the MCI’s, by penalizing or diminishing their rights, in direct violation of §230 of the Real Property Law.
• There is no explanation that the retroactive portion of the MCI orders is subject to the 6% annual cap, making it appear that the 35% will be an immediate windfall. (A PCV tenant has done the arithmetic on the MCI for the Security System and Video Command Center and finds that signing on to the management offer would save $1.60 a month.)
• The Owner’s offer to withdraw its appeal of $15 million of MCI costs that the DHCR did not approve is almost meaningless—it consists of sales tax, which can never be included, and other costs DHCR almost never approves.
• Roberts tenants were never served with MCI orders at all. Therefore, there is no present obligation on the part of the Roberts tenants to pay any increase, and no reason to sign.
• Tenants give up the right to file a PAR to challenge the validity and accuracy of the MCI costs.
• Tenants give up the right to challenge the Rent Orders in an Article 78 proceeding.
We need volunteers in front of 360 First Avenue starting this Monday to hand out a copy of Tim Collins’s letter and Public Membership Pledges to passersby or those who want to access the MCI Help Center at these hours:
Monday, November 11: 5 p.m.–8 p.m.Tuesday, November 12: 8:30 a.m.–11:30 a.m.Wednesday, November 13: 11 a.m.–2 p.m.Thursday, November 14: 5 p.m.–8 p.m.Friday, November 15: 8:30 a.m.–11:30 a.m.
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