Monday, October 26, 2015

And now, the Socialist View

I'm not a Socialist, but an interesting opinion piece:

https://www.wsws.org/en/articles/2015/10/26/stuy-o26.html

"This yardstick of affordability for an apartment for a family of three compares to a citywide median household income of about $60,000, less than half this amount. In Brooklyn and the Bronx, the median income is even less—about $45,000 in Brooklyn and less than $40,000 in the Bronx, the city’s poorest borough.

"This notion of affordability is pitched to the top 10 percent of the city’s earners, at best. In addition, in a backhanded admission of just how limited this deal is, Blackstone tosses a few tiny crumbs to families that fall below six-figure annual incomes. The owners promise to put aside 500 apartments in the complex, less than 5 percent of the total, for families making up to $62,150 annually. They would pay up to $1,553 a month for two bedrooms. Even this figure, covering a tiny fraction of the apartments in the complex, is beyond the means of a majority of families."

More at the above link.

25 comments:

  1. The article contains only one incorrect statement:

    "some of the tenants at Stuyvesant Town, especially the wealthier, welcomed the new deal"

    The "wealthier" PCVST tenants are actually getting screwed the most.

    ReplyDelete
  2. Spot on article

    The new deal for Stuyvesant Town reveals that the situation has not fundamentally improved since three-term mayor Michael Bloomberg was succeeded by the “progressive” de Blasio.

    Bloomberg, the well-known billionaire and direct representative of the plutocracy, presided over record inequality. He welcomed the 2006 development that openly threatened the destruction of Stuyvesant Town.

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  3. It is a pretty straightforward factually substantiated view.

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  4. Basically, everyone will just care about his/her status. The MRs know what might be coming for them after 2020. They'd better start getting ready.

    The long time low renter are unaffected.

    There were a lot of questions that could have been raised in the meeting, but it wasn't worth it. Steinberg conducted this meeting as a pep rally for the deal. Any skepticism would have been roundly booed and put down. The place was packed with TA supporters. I guess the MRs had just given up. So the meeting was structured so that the politicians could be honored and the deal supported to the long time tenants.
    And just to make sure the deal got sold to us for his legacy and re-election, the mayor showed up. To show how important selling this to us was, they all showed up: deBlasio, Schumer, Maloney, Hoylman, Kavanagh, Brewer, Garodnick...I'm surprised they didn't get Biden or Obama.
    Actually, Susan Steinberg probably considers herself the net-winner. She's sold to many that she and the TA helped do something for us and she was a useful to the politicians with whom she's now on a hugging basis.

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  5. Steinberg was always on a hugging basis. Her relationship with Hoylman has been close for years. She and Hoylman are very tight and very much in cahoots. Watch out for these two.

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  6. A lot of sticky dirty hands in this and they are sticking together which makes it easy to see the line up of culprits.

    Odd how a few of them refrained from bragging tweets at all and the others who tweeted - their tweets were rather limited for something they are declaring "momentous and historic"

    They all clearly agreed on the PR tweet verbiage - only tweeting mutual admiration tweets and links to articles (they placed).

    Fishy

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  7. If you want to know why and how PCVST reports and complaints to DHCR and TPU went ignored by Darryl Towns and Bill Mulrow, just read this short article to see how they operate.

    Cuomo is your landlord, and he put Blackstone to run the housing authorities.

    Do you really believe this man / company is benevolent?



    http://thealbanyproject.com/andrew-cuomo-bill-mulrow-larry-schwartz-blackstone/
    Cuomo Replaces Top Aide Larry Schwartz With Blackstone Bankster Mulrow

    Mulrow has spent the last few years as a senior managing director at the Blackstone Group, a firm you may remember from when they basically paid another firm to delay a debt payment so that they could profit from a bunch of triggered default swaps. This was apparently perfectly legal, but says so much about the way the world actually works.

    But enough with the history lesson. Here’s a little something about Mulrow that speaks volumes about Cuomo, his priorities and how he sees the world, something that you were never supposed to know. Back in early 2012, Mulrow, a banker, performed a skit at a secret gathering of other 1% assholes at the St. Regis Hotel (“what happens at the St. Regis stays at the St. Regis“) in Manhattan. It wasn’t pretty.

    In another skit, William Mulrow , a senior managing director at the Blackstone Group, put on raggedy clothes to play the part of an Occupy protester. Emil W. Henry Jr., a managing partner at Tiger Infrastructure Partners and a fellow new Kappa, joined him dressed as a wealthy baron.

    “Bill, look at you! You’re pathetic, you liberal! You need a bath!” Mr. Henry said, voice full of mock indignation.

    “You callow, insensitive Republican!” Mr. Mulrow said. “Don’t you know we need to create jobs?”

    So just a couple of years after people like Mulrow blew up the entire global economy in an orgy of greed and self dealing, visiting misery and despair upon literally billions of people, Bill Mulrow, mega wealthy asshole, was standing up at a secret gathering of the other mega wealthy assholes responsible and was making fun of those who took it upon themselves to stand up point fingers their way. It’s never funny when the powerful punch down, Mr. Mulrow.

    But it gets even better. Cuomo created a charity, made mostly of wealthy Cuomo donors, to distribute relief money through something called the Housing Trust Fund Corporation to homeowners devastated by Hurricane Sandy. That fund had just two board members, Darryl Towns and one Bill Mulrow. The charity drew sharp criticism when it was discovered that, while thousands of New York homeowners were waiting for relief, millions were disbursed to two troubled Brooklyn state-sponsored housing developments. Those developments were managed by…Blackstone.

    It was all on the up and up though, Blackstone insisted.....

    So that’s who Andrew Cuomo has chosen to become his new right hand man. That’s who Cuomo has put right into the governor’s office on the 2nd floor.

    And that says a lot about what we can expect from Andrew Cuomo’s second term."




    And that also says a lot about what we in PCVST can expect!




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  8. Is it a conflict of interest the chairman of housing is our landlord?


    https://www.linkedin.com/in/billmulrow


    NEW YORK, New York (April 4, 2012) -William Mulrow today begins his tenure as Chairman of the New York State Housing Finance Agency (HFA), and the State of New York Mortgage Agency (SONYMA), two of the agencies included within New York State Homes and Community Renewal (HCR).

    HCR Commissioner/CEO Darryl C. Towns said, "Governor Andrew Cuomo's transformative plan to break down silos and make New York State 'Open for Business' is embodied in his appointment of Bill Mulrow. We are very excited about Bill's appointment. His extensive public and private sector experience vividly illustrate the Governor's mission to invest state dollars most efficiently, while attracting billions in private resources to grow New York's economy and create jobs."

    http://www.nyshcr.org/Press/News120404.htm



    Steinberg left this out, they all left out this little fact, in all their speeches.

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  9. http://www.nyshcr.org/Press/News120404.htm

    link....

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  10. 10 14 am you are so wrong. Us long timers are in for a huge surprise. sticky this. Huge.

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  11. This is the only published article actually containing thoughtful, critical analysis picking apart bogus talking points and P.R. spin. The writing is clear, concise and incisive. It reads like Bagli's historical investigative reporting on PCVST for the Times before he got lazy.

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  12. All I know is that MY rent ALWAYS goes up every 2 years, along with these MCI'S.
    My salary cannot keep up with it. They can say all they want, but it's getting impossible to live here anymore. Rents should be structured to your annual income.

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  13. The guy who makes $150,000/year can afford the $4,000/month rent, not the guy who makes $50,000/year. What's fair is fair.

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  14. Well, here's the most I can do wheb the time comes. Not vote for deBlasio, Hoylman and Garodnick. May vote for Kavanagh. Am curious what others think about him. Will probably not vote for Brewer. Don't recall her at the other meetings. Curious why she showed up for this one.

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  15. Bill Mulrow is now Secretary to the Governor, an extremely powerful position.

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  16. they will abuse the MCI and can we get a read out on what we're all and our TA is doing about them. They can post here and reply people!!!! let them speak.

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  17. Bears repeating


    Anonymous said...

    Attorney General Schneiderman is pushing Dan Garodnick for Mayor? I guess Dan knows where the Attorney General's skeletons are buried. Dan drove this community into the ground while letting developers dig it up.
    October 1, 2015 at 6:04 PM

    ReplyDelete
  18. Anonymous said...

    Bill Mulrow is now Secretary to the Governor, an extremely powerful position.

    October 26, 2015 at 1:18 PM

    Cuomo was always pulling the strings in PCV ST with Garodnick, Hoylman, Stringer, Schniederman doing his dirty work.

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  19. 11:50 AM what are you talking about?

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  20. How soon will we be rid of Campus Crock? I can't wait to see those assholes depart. I hope they shut down that hideous leasing office and brokers' welcome center on First Avenue. The first thing the new management should do is re-assign the porters back to their old shifts. When will the Satanic CW officially cease to be our landlord/controller/servicer - whatever?

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  21. "Attorney General Schneiderman is pushing Dan Garodnick for Mayor? I guess Dan knows where the Attorney General's skeletons are buried. Dan drove this community into the ground while letting developers dig it up.
    October 1, 2015 at 6:04 PM"

    I'd vote for Charles Manson before I'd vote for that toad. Where the Hell is Preet Bharara these days? We need him to drag Cuomo and his scummy cohorts into court by their garbanzos.

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  22. "10 14 am you are so wrong. Us long timers are in for a huge surprise. sticky this. Huge."

    Nice try market rater. Actually I take that back, it was pretty lame.

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  23. I find the press coverage eerie. It is low key, controlled and contained. Why?

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  24. "I find the press coverage eerie. It is low key, controlled and contained. Why?"

    Because we are living in an Oligarch, not a Democracy and because our politicians are as corrupt and sleazy as any that ever came out of Kabul!

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  25. why would anyone lie on an anonymous board about their rent?

    STR your posters are losing it or stirring pots for no reason. Lame indeed!

    ReplyDelete

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