tag:blogger.com,1999:blog-1837176580996082182.post7702218612906334369..comments2024-03-28T00:08:11.164-04:00Comments on The Stuyvesant Town Report: Breaking News: Tenants and Landlord Reach DealStuy Town Reporterhttp://www.blogger.com/profile/05538426011607971633noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-1837176580996082182.post-72102190053994973442009-12-15T23:35:43.678-05:002009-12-15T23:35:43.678-05:00"Glitch" it is!"Glitch" it is!Stuy Town Reporterhttps://www.blogger.com/profile/05538426011607971633noreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-25955512636571463312009-12-15T23:27:04.646-05:002009-12-15T23:27:04.646-05:00glitchglitchAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-57490810399446046152009-12-15T23:09:59.009-05:002009-12-15T23:09:59.009-05:00The "other guy" doesn't have adminis...The "other guy" doesn't have administrator comment approval kicking in! You post, your post appears unless there's a glitz in the system. And he could be sleeping.Stuy Town Reporterhttps://www.blogger.com/profile/05538426011607971633noreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-38930090852979081132009-12-15T22:35:49.336-05:002009-12-15T22:35:49.336-05:00Better or worse, the 'other guy' puts them...Better or worse, the 'other guy' puts them up right away.<br /><br />No offense.<br /><br />Differ'nt strokes for differ'nt folks!<br /><br />I'm OK with that...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-43535185268500497272009-12-15T22:27:39.920-05:002009-12-15T22:27:39.920-05:00Just a note: I post all comments when I log on (ev...Just a note: I post all comments when I log on (every once in a while), and then respond to them at the same time if I have anything to say. I don't hold onto to comments after logging on. People just have to wait--usually not too long, I hope--before they see their comment up.Stuy Town Reporterhttps://www.blogger.com/profile/05538426011607971633noreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-84291339606044440042009-12-15T22:07:22.784-05:002009-12-15T22:07:22.784-05:00Anonymous 5:14 AM seems to be losing sleep over &q...Anonymous 5:14 AM seems to be losing sleep over "people who were on the waiting list for rent stabilized apartments before MetLife abolished said list". Whats that all about?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-10367996430710652852009-12-15T21:50:20.652-05:002009-12-15T21:50:20.652-05:00Hey, how did I know that you wouldn't post my ...Hey, how did I know that you wouldn't post my reply until you posted one of your own?!?<br /><br />Fair enuf.<br /><br />The way I see it is there is no free lunch here. The people that could have been otherwise dislocated by these jack-booted thugs are now safe, at least for the time being. And those that showed up for the granite counter tops and the wine fridges will no longer be subject to 33% annual rent increases at someone else's whim.<br /><br />And let's not forget the impact on TS. While they may have only lost $100 million on their equity slice (or maybe nothing once you net out the exorbitant fees that they have/will extracted from their mismanagement of the place), the black eye they gave themselves will likely cost themselves significantly more. Private equity, pension funds, foreign governments and other fiduciary entities now see them for the greedy, ignorant and--most importantly--vulnerable and fallible f-cks that they are.<br /><br />That is the real victory.<br /><br />We can only hope that they are run out of town like the snake oil salesmen that they are.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-54383813953638827522009-12-15T21:00:18.397-05:002009-12-15T21:00:18.397-05:00If the new RS rents of previous MR apartments are ...If the new RS rents of previous MR apartments are going to be high, say, about $2,500 for a one bedroom, I don't see how this will be a victory for affordable housing in Manhattan. Basically, while TS will be locked into rent stabilization for these apartments, the company will be receiving near what they were before for them. I await to hear how this all pans out, and what previous market rate tenants will now be paying for RS affordable housing. And whether they will be happy campers with this victory.Stuy Town Reporterhttps://www.blogger.com/profile/05538426011607971633noreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-46470446269737469362009-12-15T19:03:50.504-05:002009-12-15T19:03:50.504-05:00Hey, ST Reporter: I don't think there is any ...Hey, ST Reporter: I don't think there is any way that TS can benefit from this. They can't raise rates. Existing tenants will pay the lower of market or RS. That's pretty obvious and I don't think it's right to make inflammatory statements to the contrary as there seem to be so many people that have no idea about what is going on. Frankly, It's amazing they can write (physically & financially) the checks necessary to live here.<br /><br />And, as a follow up to our discourse on the VSO, here's what happened to the UHO today: <br /><br />http://gothamist.com/2009/12/15/united_homeless_organization_shut_d.php<br /><br />The VSO is next. They use the same model--they just haven't gotten as much press yet. Yet....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-36275202633724338082009-12-15T10:51:15.275-05:002009-12-15T10:51:15.275-05:00"The Real Estate lobby just can't decide ...<a rel="nofollow">"The Real Estate lobby just can't decide to overturn a court ruling... they cannot undo Roberts."</a><br /><br />Oh yes they absolutely can. In the "Roberts" ruling the appeals court justices specifically said that defendants were free to seek "legislative relief" from the rule that binds J-51 recipients.<br /><br />The legislature <i>can</i> affect this decision and you can bet that big dollars are headed their way to try and influence Senators to favor the RE lobby.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-80908214105942219772009-12-15T10:22:46.953-05:002009-12-15T10:22:46.953-05:00Do the former MR tenants pay for MCIs and air cond...Do the former MR tenants pay for MCIs and air conditioning?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-91888943672125520092009-12-15T09:09:56.202-05:002009-12-15T09:09:56.202-05:00If TS comes out ahead on this (meaning the new &qu...If TS comes out ahead on this (meaning the new "affordable" RS rents for previous market rate tenants remain almost the same), then the lawyers for the tenants have been scammed. Can you imagine if some previous MR tenants will actually pay more now???Stuy Town Reporterhttps://www.blogger.com/profile/05538426011607971633noreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-50281347933142285562009-12-15T05:14:23.771-05:002009-12-15T05:14:23.771-05:00I'm an RS tenant and I don't really unders...I'm an RS tenant and I don't really understand what this "rollback" means. I've been reading posts on the LL board (ignoring the hate posts people put there) and from what I can tell, the MR tenants are not very happy with their reductions. Seems the reduced rents are nowhere near what they would have been if TS hadn't "renovated" the apartments and illegally removed them from stabilization. I wonder how the people who were on the waiting list for rent stabilized apartments before MetLife abolished said list feel about all this? There's something that doesn't smell right about this whole business.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-83269705041493967052009-12-14T20:57:38.042-05:002009-12-14T20:57:38.042-05:00I agree totally with poster #2. We really have to...I agree totally with poster #2. We really have to worry about the RS laws sunsetting in a couple of years and even worse assaults on rent regulations by the landlord cabal. Tishman Speyer has demonstrated the greed and ruthlessness of their kind so now we renters have to demonstrate how totally we will fight the bastards and not give up. Roberts is only one shot across the bows; now we have to really be prepared for the war.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-20787368011764178592009-12-14T20:27:54.347-05:002009-12-14T20:27:54.347-05:00The Real Estate lobby just can't decide
to ove...The Real Estate lobby just can't decide<br />to overturn a court ruling. Yes, they can try<br />to let the stabilization laws sunset in 2011,<br />but they cannot undo Roberts.Speckyhttps://www.blogger.com/profile/08859588841960867614noreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-36963194158947510122009-12-14T16:52:37.969-05:002009-12-14T16:52:37.969-05:00This is just the beginning of the boondoggle, and ...This is just the beginning of the boondoggle, and the opportunity for Tishman to make sure that those newly "stabilized" rents remain sky high.<br /><br />In fact, what Roberts has brought is a <b><i>temporary</i></b> stop to Luxury Decontrol for recipients of J-51 abatement's, a situation that will be fought mightily in Albany as the Real Estate Lobby pours tons of money into influencing legislation that will negate this decision. This will happen very quickly, even before rent stabilization laws are considered for renewal in 2011.<br /><br />I'm still lying awake at night waiting for the other shoe to drop on this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1837176580996082182.post-14198733682043309692009-12-14T16:49:54.028-05:002009-12-14T16:49:54.028-05:00Bud Perrone doesn't have much to say when the ...Bud Perrone doesn't have much to say when the chips are down! What a bunch of clowns these Tishman Speyer/Rubenstein losers are!Anonymousnoreply@blogger.com