It's sad really. While the TA is mum, and therefore by its silence acquiescent, on matters like the commercialization of the Oval with Playground 11 turned into a pay-to-play area, and refuses to respond to questions about the legality of CWCapital crafting extra rooms out of ST/PCV apartments with work permits that state no change in occupancy (and all the shenanigans and bonuses that go along with garnering an extra room), while the TA is mum on other pertinent issues and is not putting up any vigorous fight for affordable housing, it is still pursuing conversion as a viable goal at the expense of all else, it seems.
Seriously, does the TA think that CWCapital will hamper itself in the sale of the complex by restricting the options a buyer can pursue, to include, at some point in the future, razing these old project buildings and replacing them with the most modern highrises? Does the TA think that CWCapital will restrict the potential profits a future landlord can garner from owning ST/PCV and dictating a course that will maximize the major investment?
There may be a 1% chance, or less, that conversion could happen, but it will only happen if CW doesn't see a solid sale in the future or if the economy starts seriously tanking. And as has already been said to me by an insider, conversion is NOT going to happen. So dream on, TA and those who are holding on to living here for the potential of buying an apartment.
There is going to be a tenant meeting this coming Saturday, December 6th, at Middle School 104, where conversion will once again be brought to the fore, among a couple of other matters. Chances are good that I will sit this one out, as by now, despite the cold, I'm not willing to put up with hot air.