Conversion should be fully supported by mayor
Mayor de Blasio came to Stuyvesant Town last week to sell his vision of affordable housing for all – including designating ST-PCV as part of his plan for affordable housing throughout Manhattan.
Buried within your article, you reported that the mayor “was open to the idea of a conversion.”
Apparently, the Tenants Association did not press the mayor on the TA’s clearly stated goal, made on behalf of thousands of ST/PCV tenants: a tenant-led, non-eviction condo conversion of the property.
Recall that in October, 2012, to great fanfare, the Tenants Association said that it was taking our case directly to the bondholders. The TA leaders said the time had come for CW Capital to step aside, and if CW would not meet us at the table, we would “cut out the middleman.”
In fact, however, the TA failed to contact the bondholders, and took no further steps on behalf of the 11,000 tenants who wanted to take charge of their destiny and have a seat at the table.
A condo conversion keeps things affordable because long-term tenants can remain in their apartments, without the fear of ever-increasing MCIs that are designed to squeeze tenants until they leave.
A condo conversion allows the new stabilizers to become new homeowners.
Mayor de Blasio needs to stand up in solidarity with tenants and the TA that has worked so hard for a condo conversion. First, he sandbagged our councilmember, lobbying for Dan Garodnick’s opponent in the speaker race.Now he is sandbagging the Tenants Association.
Whose side is the mayor really on?
Name Withheld, ST
Rent increases are still the same
Re: “De Blasio meets with pols, TA on affordability of Stuy Town,” T&V, July 17
To the Editor,
“The mayor pointed out how different his interest in ST/PCV tenants is compared to his predecessor’s.”
Huh? For 20 years both Guiliani and Bloomberg appointed a Rent Guidelines Board that voted 5-4 for an increase in favor of landlords. De Blasio appointed a Rent Guidelines Board that voted 5-4 for an increase in favor of landlords. How is he different “compared to his predecessors?” True, this year’s increase was not as stiff as some other years, but if the RGB increase of 2.75 percent is added to this year’s 4 percent MCI increase, our landlord will get a 6.75 percent increase which, as we know, continues forever, like the kitchen appliances I’ve been renting for the past 24 years at an every increasing rent which I could have used to buy a brand new stove and fridge every few years.
Not bad for landlords. But, I’m afraid, bad for tenants who must, under de Blasio, continue paying the more-than-20-years rent increases that far exceed their increases in income.
“Affordability” is a relative term; it depends on one’s income. For many retired New Yorkers, their rent continues to increase while their income remains stagnant. Soon many retirees who served the city of New York their entire lives will be forced to leave their hometown for another one more welcoming and affordable, really.
John Cappelletti, ST
Hoylman is here to help
To the Editor:
I was dismayed to read in the July 17 issue about Seth Shire’s unfortunate experience when he sought to renew his Verizon FiOS contract (“My Verizon FiOS Nightmare”).
I want to remind readers that I am a resource when you experience customer service issues, and you should feel free to contact me at (212) 633-8052 or email@example.com.
I can help you cut through the red tape and ensure your problem gets the attention it deserves.
New York State Senator, 27th district