tag:blogger.com,1999:blog-1837176580996082182.post6203691439629382202..comments2024-03-19T04:15:46.480-04:00Comments on The Stuyvesant Town Report: New Afforable Housing in Stuvesant TownStuy Town Reporterhttp://www.blogger.com/profile/05538426011607971633noreply@blogger.comBlogger200125tag:blogger.com,1999:blog-1837176580996082182.post-3757785316085665272017-03-27T12:08:56.871-04:002017-03-27T12:08:56.871-04:00"Actually, Blackstone is about pure greed and..."Actually, Blackstone is about pure greed and Blackstone doing what Blackstone does best to get what Blackstone wants is far less odious than the lying, scheming Garodnick-TA Board betraying us and stabbing us in the back for years while simultaneously making false claims about defending us against the same REBNY/Wall Street predators they were taking money from and partnering with."<br /><br />Well said. Btw, what has the TA done to deserve half of the left-over money from the Roberts award? Did they help at all with that case?<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-67141419935911794552017-03-27T01:51:47.861-04:002017-03-27T01:51:47.861-04:00"Blackstone wanted the property, had the buck..."Blackstone wanted the property, had the bucks to buy it and they were thought to be the least odious of all the possible buyers."<br /><br />We are talking about Blackstone, the largest, most notorious, MOST ODIOUS, Predatory Equity Vulture on the planet.<br /><br />Calling "Blackstone" the "least odious of all the possible buyers" is at the very least oxymoronic, particularly when for four years Garodnick-TA Board were lying to us championing their phony "tenant led purchase" condo scam designed to take EVERYTHING STPCV away from their longstanding, some lifelong, STPCV neighbors/constituents for delivery to the disgraced TA Board's "value sharing" business partner Brookfield, a major REBNY Predator investing $25 Million supporting and cheerleading Speyer's failed, take-no-prisoners business plan to rake in multiple billion dollar windfalls booting our historic middle class community out of our longstanding, some lifelong, STPCV homes. <br /><br />Blackstone is a "less odious" possible buyer than the TA Board-Brookfield business partnership? <br /><br />Actually, Blackstone is about pure greed and Blackstone doing what Blackstone does best to get what Blackstone wants is far less odious than the lying, scheming Garodnick-TA Board betraying us and stabbing us in the back for years while simultaneously making false claims about defending us against the same REBNY/Wall Street predators they were taking money from and partnering with.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-67750457427833677422017-03-26T19:27:14.926-04:002017-03-26T19:27:14.926-04:00"There were no conspiracies regarding the sal..."There were no conspiracies regarding the sale of this property. Blackstone wanted the property, had the bucks to buy it and they were thought to be the least odious of all the possible buyers."<br /><br />That is not entirely accurate or at all factual. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-3162504024923321552017-03-25T19:53:57.200-04:002017-03-25T19:53:57.200-04:00There were no conspiracies regarding the sale of t...There were no conspiracies regarding the sale of this property. Blackstone wanted the property, had the bucks to buy it and they were thought to be the least odious of all the possible buyers. That's what happened here. Period. The TA did not have any say in the matter. Basically, they were told about the deal after it had already been made. Frankly, we're lucky we didn't end up with one of the really awful real estate sharks who wanted to buy this place. All in all, short of the place going co-op or condo, it probably worked out for the tenants better than it might have otherwise. You may not be happy with Blackstone, I certainly am not in a number of different regards, but it could have ended up much worse. The sad thing is that Blackstone could actually fix some of the most egregious problems like the noise issue by carpeting apartments before renting them. Yeah, it would cost some money, but so what. They're making bags of it. It's not just long time, lower rent paying tenants who are being disturbed by neighbors without rugs, many responsible tenants paying market rate are, too. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-69636382560478700192017-03-25T14:18:55.169-04:002017-03-25T14:18:55.169-04:00"'m not sure if they will do anything abo..."'m not sure if they will do anything about noise, but as noted in the comments, Sty town management has started to openly refuse to get people to comply with the laws of the city, ie, 80% carpeting in every apartment, with padding below the carpets."<br /><br />I agree with your basic premise (management has started to openly refuse to get people to comply) but there is no city law that requires 80% carpets although it is standard in many leases, those apartments that under rent regulations and those apartments that are not.<br /><br /><br />Do you live in PCVST? Did you sign a lease? Then you are required, by law, to abide by the terms of your lease. When you sign a legal document, you agree to the terms therein and failure to abide by those terms exposes you to prosecution.<br /><br />If your point is that some family of urban dwelling elephants living in, say, Bensonhurst, stomping around on their floors without carpets may not be required to carpet their floors, subject to the terms of their lease, then yeah--true. But totally beside the point, you dumb fuck.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-75827332587862986472017-03-25T13:43:58.475-04:002017-03-25T13:43:58.475-04:00March 24, 2017 at 10:14 PM that sets precedent for...March 24, 2017 at 10:14 PM that sets precedent for any and all lease violations to be successfully argued in courts and won by any and all tenants for any and all lease violations their hearts desire. Keep that up property managers, you are doing the tenants a nice service given the ridiculous and possibly law skirting lease terms new tenants have to sign.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-80793995417960570302017-03-25T11:53:43.023-04:002017-03-25T11:53:43.023-04:00PCVST is now a rental property for at least 19 yea... PCVST is now a rental property for at least 19 years going forward. <br /><br />That could be reversed at any point in time in a "renegotiation". I am not the original poster of your rant. The Al Doyle quotes are there in print, in black and white. Do they make him evil? According to you, yes. You and you alone are calling him that bringing the dialogue down to uncalled low levels March 24, 2017 at 9:07 PM. <br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-64544842399869109832017-03-25T07:32:52.892-04:002017-03-25T07:32:52.892-04:00If the TA doesn't want the money as you said, ...If the TA doesn't want the money as you said, they can give it to tenants then. Quite confident they will not.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-39643820732194965582017-03-24T22:26:11.699-04:002017-03-24T22:26:11.699-04:009:07
Did anyone say Al Doyle was evil? All I see...9:07<br /><br />Did anyone say Al Doyle was evil? All I see is his name being brought up in a quote that he actually made for the T&V a number of years back. I think someone needs to calm down.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-49407682111687148912017-03-24T22:14:11.639-04:002017-03-24T22:14:11.639-04:00"'m not sure if they will do anything abo..."'m not sure if they will do anything about noise, but as noted in the comments, Sty town management has started to openly refuse to get people to comply with the laws of the city, ie, 80% carpeting in every apartment, with padding below the carpets."<br /><br />I agree with your basic premise (management has started to openly refuse to get people to comply) but there is no city law that requires 80% carpets although it is standard in many leases, those apartments that under rent regulations and those apartments that are not.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-26053643224549395322017-03-24T21:07:53.742-04:002017-03-24T21:07:53.742-04:00This is what you said:
"The TA wants the MCI...This is what you said:<br /><br />"The TA wants the MCI charges because it is more money for them."<br /><br />Don't deflect. PCVST is now a rental property for at least 19 years going forward. How does wanting MCI charges do that, give them "more money for them." when they have no equity in the property. And now Al Doyle is evil. Al Doyle? <br /><br />Bogus.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-11950462847085154252017-03-24T20:11:36.748-04:002017-03-24T20:11:36.748-04:00>>And this really needed to be quoted here, ...>>And this really needed to be quoted here, I think:<<<br /><br />As I said in another post, it's Bizarro World.Stuy Town Reporterhttps://www.blogger.com/profile/05538426011607971633noreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-58564469006990841442017-03-24T18:49:26.070-04:002017-03-24T18:49:26.070-04:00March 24, 2017 at 5:39 AM Your proof for this?
1....March 24, 2017 at 5:39 AM Your proof for this?<br /><br />1. Logic <br /><br />2. Standard business practice mandates any buyer needs to increase property revenue to meet at least $3 billion when the 2009 property value is $1.8 Billion.<br /><br />Nov 9, 2009 - According to Fitch the property's worth has plunged from $3 to $1.8 billion<br /><br />3. Current refusal to share details of the still secretive deal the TA made in 2010 and announced to the city-wide general public in 2011 when tenants had no details. <br /><br />It is fact based in history of the deal we still do not have disclosure on details .Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-58154099127767161602017-03-24T13:21:16.600-04:002017-03-24T13:21:16.600-04:00 Anonymous said...
There is black mold in the... Anonymous said...<br /><br /> There is black mold in these rentals. I smell a lawsuit about to fly wide open.<br /><br /> March 13, 2017 at 8:09 AM<br /><br />please elaborate, or at least document it, and notify the cityAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-1889259541584988302017-03-24T13:10:40.891-04:002017-03-24T13:10:40.891-04:00And this really needed to be quoted here, I think:...And this really needed to be quoted here, I think:<br />From the NYT, who is continuing their multi-year advertisement for Stytown luxury apartments in every section.<br />When it happens in Fort Greene, it's gentrification and they start a crusade against it. When it happens in Stytown, it's luxury apartments for college kids who want to live in an oasis. Did anyone live here before the college kids? Who cares! Now its luxury!<br /><br />"There is never debris on the street. The flowers and trees and gardens are well tended. There is a mailbox on the corner and a fleet of Citi Bikes. It is almost too bucolic here; we could use some grit.<br /><br />— Debra Weinstein<br /><br />Avenue B and 14th Street. Stuyvesant Town, Manhattan<br /><br />Ah, the bucolic landscape of Stytown. I'm sure that lady who almost got raped was thinking as it happened, look at those well-tended trees! I'm so glad theres no debris on this floor that I'm being assaulted on. That would really suck.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-89361223931676543262017-03-24T13:02:47.626-04:002017-03-24T13:02:47.626-04:00"I am startng to think there is something str..."I am startng to think there is something structurally wrong with the building or perhaps it is only our location. I am not exaggerating but our ceiling , the above tenant floor may cave in. We have brought strangers in to asses and all agree. E every word, cough and whatnot is heard which is worrisome. Whether they have carpets or not I do not caret, there is something very off here. When they walk our shelving shakes and items on it shake also. We can hear their conversation almost word by word. Our place is crammed with stuff so it is not an echo. The walls shake from their movement. I am very concerned that a thin layer separates us as never before."<br /><br /><br />Sorry to inform you but it is this way in every apartment. your ceiling is not about to cave it, this is simply the way the building was constructed. I have had every shitty, selfish, oblivious upstairs neighbor in the book, so I can tell you, I have also experienced the "shaking" when they walk---that's when they walk on uncarpeted floors, without shoes on. That vibrating, thudding sound. when they walk on uncarpeted floors WITH shoes, it doesn't thud in the same way, but instead you hear the hamming of their heels on the floor. Even shoes that aren't high heels sound like hammers. <br />This is life in a luxury apartment complex.<br />Try calling 311. I'm not sure if they will do anything about noise, but as noted in the comments, Sty town management has started to openly refuse to get people to comply with the laws of the city, ie, 80% carpeting in every apartment, with padding below the carpets.<br />WHERE THE FUCK IS THE TA. WHY DO THEY NOT HOLD MANAGEMENT ACCOUNTABLE. THIS MUST BE THE SINGLE MOST PREVALENT COMPLAINT AMONG TENANTS. They wont get a single penny more from me until they do something substantial about the noise/carpet problem.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-54837900591376381692017-03-24T11:25:01.710-04:002017-03-24T11:25:01.710-04:00I have seen the community liaisons in the blue ve...I have seen the community liaisons in the blue vests. I have no idea what they do.<br /><br />I leave my building every morning at 5:30am. I saw more security at that time before the incident.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-62891598400745130602017-03-24T10:56:57.258-04:002017-03-24T10:56:57.258-04:00Wall partitions = increased revenue = appeal to CW...Wall partitions = increased revenue = appeal to CW to close the Tenant Association Deal <br /><br />It is a simple equation needing no dots to connect. So why not show us the Deal you had us buy into that got us into the current messy state of affairs?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-29372282570229344982017-03-24T10:44:48.040-04:002017-03-24T10:44:48.040-04:00"The talks between the Tenants Association an...<br />"The talks between the Tenants Association and Brookfield have been going on QUIETLY for months now and the company was among a group of 50 individuals and groups that had been courting the TA with plans for conversions, according to Garodnick."<br /><br />"A spokesperson for CW told Town & Village he couldn’t comment on the plan since an actual proposal hasn’t been offered."<br /><br />"Brookfield was chosen by the TA with guidance from its financial and legal advisors from the firms Moelis & Company and Paul Weiss Rifkind Wharton & Garrison. Both firms had been offering their services sans fee to the association with the assumption that they’d eventually get some payment through the completion of a conversion deal."<br /><br />"The way the partnership would work, if a conversion were to occur, is that Brookfield would be the sponsor, putting together the money for the purchase, offering the units for the sale, and then remaining the landlord and manager of the unsold apartments."<br /><br />"The TA has spent a year and a half interviewing prospective financial backers for this idea, added Sheehy."<br /><br />"However, Garodnick, who hosted a press conference outside Stuyvesant Town, along with other local elected officials and reps from Brookfield, said it was understood that any offer would need to be “competitive.” <br /><br />"Previously, legal and financial advisors for the TA had said an offer would need to be at least $3 billion in order to satisfy the bondholder trust CW Capital represents."<br /><br /><br /><br /><br />"The details of the plan have yet to be sorted out, Garodnick said," <br /><br />https://www.dnainfo.com/new-york/20111130/murray-hill-gramercy/residents-partner-with-brookfield-buy-stuy-townpeter-cooper-village<br /><br /><br /><br /><br />"Guterman Westwood, in outlining its proposal to convert the complex into tenant-owned co-ops, claimed Brookfield’s plan does not offer enough specifics about the conversion.<br /><br />“We note this because, despite the size and industry dominance of Brookfield as a real estate firm, the Association’s announcement of its partnership with Brookfield does not set forth any details of what Brookfield would deliver to each of you from a financial and economic perspective,” the letter stated."<br /><br />https://www.dnainfo.com/new-york/20111202/murray-hill-gramercy/stuy-town-suitor-blasts-brookfield-plan-for-tenant-takeoverAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-68595042691807011502017-03-24T10:44:42.497-04:002017-03-24T10:44:42.497-04:00By now everyone knows:
The Tenant Association dea...By now everyone knows:<br /><br />The Tenant Association deal structure along with actions and inactions for example failed all MCI challenges, lack of formal challenges to thousands of wall partitioned units, construction, and commercialism in residential zones, etc; your TA deal had no transparency which was admitted by your Councilman when announcing the Partnership before any "Deal" details were shown to tenants, agreed upon by tenants, and to date tenants have never seen "Deal" details your TA made to appeal to CW. It is by all definitions "A Back Room Deal" where tenants are never Deal details. <br /><br />Why are they still hiding the Deal details? Why not show tenants now, today? <br /><br /><br />The TA needed large number of "buyers" small number of "renters" and large amount of $ for Deal to appeal to CW. The TA admitted speaking to only a few tenants.<br /><br />For the "Deal" with the "Partnership" all the actions by your TA required a "competitive" bid that required increasing property revenue to Tishman BlackRock MetLife price set.<br /><br /><br />"However, Garodnick, who hosted a press conference outside Stuyvesant Town, along with other local elected officials and reps from Brookfield, said it was understood that any offer would need to be “competitive.” <br /><br />This is the key trick:<br /><br />https://www.dnainfo.com/new-york/20111130/murray-hill-gramercy/residents-partner-with-brookfield-buy-stuy-townpeter-cooper-village<br /><br />"The deal will also depend on whether enough tenants will be interested in buying their units."<br /><br />"A certain number of tenants must agree to purchase their units in order for the plan to work, Garodnick said. Although that percentage remains to be determined, he added, it will likely need to constitute a substantial portion of the complex’s 11,232 units." <br /><br />"The trick, Garodnick said, will be to make the deal appealing to CW Capital."<br /><br />"Alvin Doyle, president of the tenants association, said that he had not yet spoken to many residents but that, so far, the response had been positive."<br /><br />“It’s very exciting,” Doyle said. “Everyone I’ve talked to so far has been excited.”<br /><br /><br /><br />https://town-village.com/2011/12/02/st-pcv-ta-to-partner-with-brookfield-on-bid/<br /><br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-11502499171681514252017-03-24T10:32:59.818-04:002017-03-24T10:32:59.818-04:008.39 AM here.
The usual MO for this poster, 8.07...8.39 AM here. <br /><br />The usual MO for this poster, 8.07 AM, is to respond by saying the counter poster is a TA troll. I’m pretty sure this is one person, maybe two, who sometimes provide “links” as proof for their TA conspiracy theories. One of these that the poster resurrects from time to time is that the PS video surveillance system was installed because of a NYS dormitory requirement. No proof has ever been offered for this, I have called the poster out on this by stating: 1. Then why does Parkchester have a similar system? 2. The real reason it was installed? The old one, it reduces headcount, saves expense not just on salaries but benefits that must be paid to those expensive humans. The poster’s response? Zero. <br /><br />I believe the proposed condo deal with Brookfield Asset Management was ill advised but the TA believed that it would be better than another TS or similar ownership deal. As you have stated STR, the TA is star struck with our local politicians and I believe that some TA Board members are incompetent but this Alex Jones stuff is crap. BTW, PCVST will always be a rental property as long as NYU and other local colleges keep expanding their enrollment.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-12030574404105791902017-03-24T10:07:36.821-04:002017-03-24T10:07:36.821-04:00The TA was in a partnership with Brookfield when t...The TA was in a partnership with Brookfield when the idea of a tenant led purchase was on the table, and the ties between the TA and Dan the REBNY man are unbreakable, so a partnership is definitely a possibility. Tie that together with the fact that they share a PR firm with Blackstone speaks volumes. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-82389613238154226642017-03-24T08:54:16.636-04:002017-03-24T08:54:16.636-04:00I would agree on the dangers of our thinning floor...I would agree on the dangers of our thinning floors. How do I know this is that we 've lived here for almost 30 years. Stripping and stripping has consequences.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-14983993082649728962017-03-24T08:31:32.190-04:002017-03-24T08:31:32.190-04:00There are still many tenants here who see Rick as ...There are still many tenants here who see Rick as a savior. What they do not understand is that he may answer their e-mails, but their complaints keep increasing because Rick and Blackstone are not dealing with the core problems: dorms, transients, lack of rule enforcement,poor PS staff,etc. That is what PR is all about. It makes you think that your needs are being met and Rick is a good one for PR. Where are the PS officers you promised at night Rick?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-56848148750928678702017-03-24T07:34:40.158-04:002017-03-24T07:34:40.158-04:00Of course, a "string" can be provided. &...Of course, a "string" can be provided. "He knows who knows..." etc, but it is not actual proof of a connection. The dots have to be clear and speak volumes.Stuy Town Reporterhttps://www.blogger.com/profile/05538426011607971633noreply@blogger.com