New York City Transit said the M23 route was picked for SBS because of its high ridership per mile and the nearby subway connections. (Photo via nyc.gov)
By Maria Rocha-Buschel
The Transportation Committee for Community Board 6 voted for a resolution in support of the Department of Transportation and NYC Transit’s plan for select bus service along the M23 route, but only on the condition that the proposal reconsider the elimination of bus stops near Peter Cooper Village along the route.
The DOT and NYCT presented the plan to the committee at last month’s meeting and one part of the proposal included consolidating the East 20th Street stops at First Avenue and the East 20th Street Loop on the westbound side of the route. The plan would relocate the First Avenue stop closer to the existing Loop stop, to a location between the two but closer to First Avenue.
The proposal argued that the distance between the two stops is short, even for local bus spacing, and the stop at First Avenue would need to be lengthened anyway to install the fare payment machines for Select Bus Service, so consolidating the stops would potentially decrease travel times along the route.
So the landlords want more money. Surprise, surprise, as they say once again they can’t make a living. Let me tell you a secret.
I personally know one owner who has over fifty apartment buildings in New York City whose net worth is over $300 million dollars. Money is not a problem. I know another owner who is worth more than a billion dollars from residential real estate owned throughout the country.
So to those real estate owners who need more money? Let me tell them, either they don’t know how to make money in real estate or they should find another business. Don’t quote me, but there is probably less than one-half of one percent of real estate owners who are somehow suffering. That is not enough to give them an increase.
So please, call whomever you can. Tell them that apartment owners don’t need a raise.
They are doing pretty well with the way things are.