Mike McKee of TenantsPAC called the proposal a bad idea (Photo by Sabina Mollot)
By Sabina Mollot
Last week, Democrat leaders in Albany laid out their hopes for a reunified Democrat body in the Senate, which is currently made up of Democrats, Republicans and the Independent Democratic Conference, eight breakaway Democrats who are aligned with Republicans. The IDC members were warned that if they didn’t start playing nice with their own party that the mainline Democrats would actively support their opponents in upcoming primaries. The warning came by way of a letter from the party that was sent to mainline Democrats as well as IDC members.
Because the State Senate is the legislative body chamber where tenant-friendly legislation goes only to flatline, Town & Village turned to TenantsPAC spokesperson and treasurer Mike McKee to ask what this attempt at a deal means for New York City’s renters.
According to him, it does have some impact despite no deal being hammered out yet.
“It’s fallen apart as it should,” said McKee. The deal would have allowed the mainline Democrats and the IDC to keep their chairs (Andrea Stewart-Cousins and Jeff Klein, respectively) as co-chairs to more effectively pass a progressive agenda. In response, the IDC said it would want to make sure progressive issues important to its own members were passed.
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.