tag:blogger.com,1999:blog-1837176580996082182.post3741163850365291066..comments2024-03-28T00:08:11.164-04:00Comments on The Stuyvesant Town Report: Deal Forthcoming That Will Perserve Nearly Half of ST/PCV for the Middle ClassStuy Town Reporterhttp://www.blogger.com/profile/05538426011607971633noreply@blogger.comBlogger115125tag:blogger.com,1999:blog-1837176580996082182.post-36048828799012125422015-10-22T04:59:12.931-04:002015-10-22T04:59:12.931-04:00Sounds like a good place to start standing up for ...Sounds like a good place to start standing up for our tenant rights is a class action suit against the golub harassment by those who received that fishing expedition. Just don't hire any lawyers that are in anyway connected to the Tenant Association or Paul Weiss Rifkind or the Roberts suit. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-22690307069129934532015-10-21T19:38:43.502-04:002015-10-21T19:38:43.502-04:00Thank you Stuy Town Reporter! Our elected represe...Thank you Stuy Town Reporter! Our elected representatives don't represent us tenants; the T.A. was either complicit in this deal or left out of it; one of the last bastions of non-rich Manhattan soon will be given over to the wealthy. This deal is horrible and that the tenants it affects had no say in this outcome -- is maybe the worst aspect for me (at the moment). Community, home, stability: words that no longer apply to people of modest means in STPCV (or any big city for that matter). A very sad week for us.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-63432929834489957682015-10-21T12:38:36.616-04:002015-10-21T12:38:36.616-04:00Oh boy, overreach with AirBNB is the tip of the un...Oh boy, overreach with AirBNB is the tip of the unethical-and-illegal-overreach iceberg.....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-76477036173454301092015-10-21T10:32:23.955-04:002015-10-21T10:32:23.955-04:00So 5% of the time the Office of Attorney General g...So 5% of the time the Office of Attorney General gets it right and 95% of the time they get it wrong. That is a waste of taxpayer dollars on top of historic level of abuse of political office!<br /><br /><br />95% of the time Cuomo / Office of Attorney General get it WRONG! They are ruining a lot of innocent people's lives!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-41370449561850992832015-10-21T10:01:38.940-04:002015-10-21T10:01:38.940-04:00To cover up and evade reporters questions on his d...To cover up and evade reporters questions on his dirty Buffalo Billion, Cuomo admitted he abuses the office of attorney general by frivolously and recklessly issuing subpoenas and only gets it right 1 out of 20 times and that he sends hundreds and hundreds and hundreds of subpoenas from the office of attorney general.<br /><br />That means out of let's say 2000 subpoenas sent (and reputations ruined) he only gets it right 100 times. That means he ruins the lives, reputations and businesses of 1900 constituents just to get 100 guilty people.<br /><br />That is the definition of ABUSE OF POWER and ABUSE OF OFFICE.<br /><br />Cuomo admitted his abuse of power, of office and assaults on thousand of innocent people, as a way to get out of suspicion from Preet Bharara's subpoenas on the Buffalo Billion, to somehow accuse Preet Bharara of being as Cuomo. <br /><br />Harassment on false Golub claims by the landlord should be filed against the landlord, the TA, and all involved in the Golub fishing expedition for REBNY, all the City and State officials who abused their office.<br /><br />Because really, a track record of getting it wrong 1900 times out of 2000 subpoenas sent is a lot of innocent lives ruined.<br /><br /><br />http://www.capitalnewyork.com/article/albany/2015/10/8579002/cuomo-no-reason-question-buffalo-billion-contracting <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-72291296351445242752015-10-21T09:11:37.999-04:002015-10-21T09:11:37.999-04:00"Schneiderman’s office has subpoenaed a wide ..."Schneiderman’s office has subpoenaed a wide range of records on Airbnb's hosts in New York City in hopes of seeing who are potentially running illegal hotels as opposed to individuals renting out a room in their living quarters.<br /><br />Airbnb has argued that Schneiderman is on a fishing expedition and that is supboneas are overreaching."\<br /><br />http://www.nydailynews.com/blogs/dailypolitics/ny-ag-eric-schneiderman-airbnb-making-cash-running-illegal-hotels-blog-entry-1.1767584<br /><br /><br />Airbnb was right. Schneiderman was fishing. He had no basis for his subpoenas, making a lot of false accusations and harming a lot of innocent people, their reputations, their integrity, their businesses and their homes. People who were not renting out their homes were dragged down by his fishing expedition of false claims against innocent constituents; to help REBNY and the Paul Weiss Meredith Kane Garodnick TA reach the $350million rent roll. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-23644032031161954422015-10-21T09:05:02.314-04:002015-10-21T09:05:02.314-04:00Stuyvesant Town Peter Cooper Village was sustainab...Stuyvesant Town Peter Cooper Village was sustainable. The profits met the operations and it ran beautifully, families were healthy, happy and generations were successfully raised. <br /><br />Tishman Speyer and BlackRock couldn't make their numbers because they couldn't meet the interest on the money they borrowed $300million. It had nothing to do with not making enough money to operate the property adn everything to do with Rob Speyer not wanting to pay interest on the money he borrowed to steal the land and homes.<br /><br />The rental income in 2006 was $112 million and in 2007 was $108 million. Rob Speyer actually drove the rental income down his first year of leadership. <br /><br />The large renovation budget Tishman came in with was carried out by the same Tishman employees but under different company names. Those players continued their deceitful scheme and scams to reach the goal of rental income tripled, at $350million per year. With the help of the politicians and the Tenant Association they reached their goal.<br /><br />Here is an article from 2008 laying out the plan to triple the rental income. It also as STR points out, shows how Tishman Speyer and BlackStone are using the same fraudulent language to deceive "long term investment".<br /><br />The overpaying by $1billion is to move money around to help the wealthy investors recover their dirty investments, and it is all at the expense of real people losing their homes, and the psychological and physical impact on a family when a home is lost. <br /><br />Those with their hands in this deal are sociopathic and psychopathic criminals. It was and is only about helping Tishman Speyer and the REBNY make more money. It was always about getting to a $350million rent roll by any means, including political assistance with Airbnb investigations and golub claims. <br /><br />It was never about keeping constituents safe in their homes. The sheer number of false accusations shows how far the politicians will go to help Wall Street and REBNY no matter the damage of false accusations on the innocent tenants. <br /><br />Make no mistake, Margaret Salacan's admitted tenant hunting and Gale Brewer / Eric Schneiderman's 15,000 subpoena fishing expedition was all about helping the rent roll reach $350million. All the false accusations and reputations wrongfully harmed along the way are collateral damage to people like this. <br /><br />Here is one example of how these people think and operate:<br /><br />"In 2007, bond investors were willing to bet that the property would generate $24 million of operating income in 2011, six times the $4 million in 2007. The owners projected that rent-regulated apartments, which accounted for more than 90% of Riverton's rentals, would plummet to about 50% by 2011. In reality, Riverton's regulated apartments still produce rents of less than $1,000 a month, while market rents in Harlem, which has revived in recent years, often are $2,000 or more."<br /><br />The politicians helped the billionaires reach their numbers on Riverton and Peter Cooper Village Stuyvesant Town by any means, hook or crook.<br /><br />"In sum, investors in some of New York's largest apartment projects face hefty losses because, while most rents in these complexes remain under control, lending standards were out of control in 2006 and 2007."<br /><br />Wall Street lending practices to REBNY RE were out of control, so the incumbent politicians made deals to help the billionaires with their interest debts and property / homes thieving scams at Riverton, Peter Cooper Village Stuyvesant Town and Savoy Park.<br /><br />It is one big load of crap by a team of incumbents most if not all of whom are in a photo line up, smiling ear to ear grins, at the REBNY galas of the past years. <br /><br />http://www.barrons.com/articles/SB122066888768606315Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-24093913506397581292015-10-21T08:25:54.205-04:002015-10-21T08:25:54.205-04:00October 20, 2015 at 11:37 PM
Who pays $5billion i...October 20, 2015 at 11:37 PM <br />Who pays $5billion in an overnight shady deal when their own advisers Credit Suisse put the value of the property over $1billion lower?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-81823274246392932372015-10-21T07:53:28.696-04:002015-10-21T07:53:28.696-04:00The more I read the more totally suspicious this a...The more I read the more totally suspicious this all is. It is rushed. It is hidden from tenants until the politicians announce it along side Blackstone, Doyle and Steinberg. <br /><br />De Blasio misses a much much more important appearance but makes it to this <br /><br />http://pix11.com/2015/10/19/mayor-de-blasio-a-no-show-at-city-honor-for-slain-patrolman-phillip-cardillo/<br /><br />The politicians are all available for this announcement either on short notice or this was in the works and they kept is secret for a long time. Either way it is sketchy. <br /><br />If short notice then the appearance of this sale had to happen before a truth got out about the shadiness of the deal and the players or it was in the works for a long time and the TA kept it from tenants to keep us out of the deal and wrongfully take the Fannie Freddie money. <br /><br />Knowing Brewer, Garodnick, Steinberg, their assault on tenants with fishing expeditions on golub claims and persecution of Airbnb to make it look like they are investigating city-wide when really they were sending subpoenas on PCVST tenants (which came up empty on most of the people they falsely accused without a care to our reputations). <br /><br />The Airbnb Brewer Attorney General fiasco with 15,000 subpoenas and the overreach was to help REBNY evict rent stabilized tenants. They disguised it as otherwise, but it was pretty obvious. The AirBNB overreach was an assault on NYC tenants.<br /><br />The last ditch attempt on the golub notices sent here was to get the numbers of rs apartments down without a care to what they were doing to the people in those apartments. <br /><br />This overnight real estate deal is looking more and more like a very big cover up on a very big scam. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-44981317546386042992015-10-21T07:16:38.913-04:002015-10-21T07:16:38.913-04:00Wow. From it all, the website, the press conferenc...Wow. From it all, the website, the press conference, Susan Steinbergs behavior of recent years on the Oval massacre, dorms, bunker and helping Compass Rock with the golub claims telling tenants to prove themselves instead of telling tenants to file harassment claims and telling the landlord to prove their golub claim , there is no doubt the duplicitous Doyle Steinberg Tenant Association is 100% aligned with Blackstone as they were aligned with Compass Rock (but they hid that). <br /><br />They most definitely are not behaving like a Tenant Association. Probably best to not trust them on anything. Whatever advice they give you, get a second opinion or just do the opposite of what they tell you.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-2686508507084964992015-10-21T06:59:53.851-04:002015-10-21T06:59:53.851-04:00"right O. Why do politicians and de blasio ha..."right O. Why do politicians and de blasio hate the working class? makes no sense."<br /><br /> politicians love money<br />and secondly they love headlines for themselves<br />but mostly they love money<br />they love it so much they will do anything for it and they will take it from anyone and everyone<br /><br />when a donator is caught being a criminal, some politicians may give the money back but most politicians keep the money anyway.<br /><br />they really don't care from where the money comes as long as it keeps coming their way<br /><br />they will do ANYTHING for money and the monied<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-53302146829598727402015-10-20T23:37:59.057-04:002015-10-20T23:37:59.057-04:00Question: Who pays $5 billion for a piece of prope...Question: Who pays $5 billion for a piece of property full of aging buildings?<br />Answer: An investor who expects it to be worth $10-20 billion in the not too distant future.Billsvillenoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-55627335762194365412015-10-20T21:40:18.530-04:002015-10-20T21:40:18.530-04:00What about the renewals? City will vote 0% or 1...What about the renewals? City will vote 0% or 1% and we're NOT GETTING IT NEXT YEAR? WHAT DOES THIS ALL MEAN for THOSE OF US WHO DID NOT GET ON THE GRAET LIST OF CHEAP YEARS AGO?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-77470205785256680802015-10-20T19:41:38.824-04:002015-10-20T19:41:38.824-04:00My family and I need that lottery. Where do we fi...My family and I need that lottery. Where do we fill out papers?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-84153694330016568812015-10-20T16:23:21.767-04:002015-10-20T16:23:21.767-04:00right O. Why do politicians and de blasio hate t...right O. Why do politicians and de blasio hate the working class? makes no sense.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-17489041317541981552015-10-20T16:05:54.228-04:002015-10-20T16:05:54.228-04:00They can't be serious. Our choices are move ou...They can't be serious. Our choices are move out or live under notoriously aggressive wall street firm. How much do De Blasio and Glen hate the working class here. And what nurses, firefighters, and police make that salary? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-61763743535833242772015-10-20T16:01:01.582-04:002015-10-20T16:01:01.582-04:003 32. Not exactly new news then eh? 3 32. Not exactly new news then eh? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-63396119712050898262015-10-20T15:57:08.184-04:002015-10-20T15:57:08.184-04:00let's get this all straight first ...
there...let's get this all straight first ... <br /><br />there are :<br /><br />older RS tenants<br />Roberts tenants<br />non roberts<br /><br />????? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-10283963574085456792015-10-20T15:56:02.642-04:002015-10-20T15:56:02.642-04:003 32. ok, so what about those who are 3200 now? ...3 32. ok, so what about those who are 3200 now? they get to stay near 3200 or what. thanks all.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-91446440992013528632015-10-20T15:50:32.119-04:002015-10-20T15:50:32.119-04:003:32
If you have been here since '89, you are...3:32<br /><br />If you have been here since '89, you are fine and won't see any crazy increases. My understanding is that if you were to move out, the next tenant would pay the $3,200 for your "stabilized" apartment. <br /><br />There are a lot of unanswered questions.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-91530186525854296202015-10-20T15:45:32.865-04:002015-10-20T15:45:32.865-04:00So much for having a range of optionsSo much for having a range of optionsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-80247610817435686672015-10-20T15:32:30.759-04:002015-10-20T15:32:30.759-04:00HUH?? i don't get this. Here since 1989 an...HUH?? i don't get this. Here since 1989 and our income is 125k family of 3. I pay 1500 for a 2 br. Am I getting a huge increase now?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-30409794029324851512015-10-20T15:30:55.795-04:002015-10-20T15:30:55.795-04:002:39
I am not sure, but that is what I gather. A...2:39<br /><br />I am not sure, but that is what I gather. Also, this only deals with original RS apartments that vacate during this 20 year period, not the original RS tenants that stay in place. If you are a RS apartment, your rent will continue to increase as per RS guidelines, not up to the $3,200.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-21301071596602633652015-10-20T15:30:34.765-04:002015-10-20T15:30:34.765-04:00anyone notice that there are ZERO apartments avail...anyone notice that there are ZERO apartments available - see site - for PCV now and beyond into 2016? Interesting.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-82821370561563393762015-10-20T15:13:41.496-04:002015-10-20T15:13:41.496-04:00Did Susan Steinberg come back from vacation early ...Did Susan Steinberg come back from vacation early for this? What was the rush to the announcement? Why couldn't this be announced when she returned? Why weren't tenants told anything before it hit the press in bloomberg.com? And why the meticulously controlled media in the Bloomberg then that NYTimes piece that definitely lacks all investigative journalism. After that obvious faux pas, never reading the NYTimes again. Anonymousnoreply@blogger.com