Landlords who don't make repairs should have the assets sneezed or fined for the amount of repairs then have their property turned over to the government...fuck these deadbeat parasites.

If you don't maintain a property you should not be allowed to own it.

Huh? How in the world can you tell just from the interviews?

Also, I’m not sure affluent yuppies live in desolate walk ups I’m Chinatown.

Visualization as to why midtown feels so sad.

Financing requires either the board have assets and good credit or telling individuals to get their own line of credit (which requires the same).

This works with wealthier buildings where you’ve got that. But those buildings generally do that because it’s cheaper to take on a low interest loan the past decade than pay upfront and loose the investment opportunity. Same reason people take mortgages and pay the minimum, your return in the market is higher than the cost of the interest rate, so you can essentially profit off the loan.

If I can take a loan out for $50k at 3% (not hard until recently) I can keep my $50k I have in the market and keep earning 4-5%. 1-2% profit for taking a loan vs paying up front.

None of that really applies with a building of cash strapped people.

NYC population is over 8 million. it's obvious these billion dollar industries have a large amount of people who support the status quo and the establishment party, while special interests carve out their own kick backs, leaving the middle class on the hook.

Millions on people voted and you believe special interest is to be blame? They’re a problem but the voters are just too stupid

People think it’s so easy. Someone buys their NYCHA apartment as a co-op and immediately has to spend 15-20k getting it up to code. And then that “co-op” is immediately worth several hundred thousand if not a million and they refi it to the max and wind up in foreclosure the next economic hiccup. I remember the news doing a story on co-op residents in Harlem being foreclosed on while they were upside down on their mortgages, but at the end of the story they highlight that they purchased the apartment for a dollar through HUD in the 90’s and took our two 600k mortgages on it. People don’t become financially literate when they receive a windfall after years of abject poverty. Buying the projects won’t make them not projects anymore, it will just remove their code exemptions and further impoverish the owners causing those neighborhoods to be bought up by middle class millennials and forcing the prior residents out on the streets.

I find absolutely revolting and spineless how many people here are now saying that this is a problem, when just a few months ago the same people doubled down on their sanctuary city, kumbaya bullshit and anyone who disagreed with them was a racist and bigot. As a NYer, we deserve to eat shit right now because most of us saw no issue with migrants even though we were warned.

Plus an all hose, no drain situation.

Apparently the city planners didn’t want people to have free fruit so they only planted male trees, hence twice as much pollen as necessary.

Class A buildings (like what would be built around Penn) are fully leased and near capacity - look at Hudson Yards, 1 Vanderbilt, etc. Yes, a lot of people work from home but the big leaseholders who are willing to pay for primo office space — banks, corporate law firms, consulting firms, tech… ie the tenants of the aforementioned buildings — are back in the office A LOT.

The exodus to those would also free up older office buildings (with operating windows) in less desirable areas for office space (ie, far from transit hubs) that could then be converted into housing per current proposals

It's a moral duty for any even half-decent society to care for those most vulnerable (refugees, BIPOC and LGBTQ personas) first.

You wouldn’t PURCHASE a fuckin project apartment lmao

Why suggest that someone living in one should?

Wyd?

Dolan's attorneys are probably sending the New Yorker the dreaded blanket ban email as we speak.

Shit, I could have told you that!

Hey the votes are in now we deal with it ok

U wanna make a different think twice who u vote for or else work some overtime so u can pay for taxes for other men to get free food , healthcare and shelter.

Yes men

Young men to

PUT THEM TO WORK NOW !!!!!!

LETS GO !!!

Anyway I can be allowed in those luxury hotels or shelters with free food 3 times a day

I need to get back in shape And workout but I have to work all day to pay rent and can’t get 8 Hours of full sleep 🛌 since I got to pay bills buy overpriced food.

I didn't vote for it, my votes are drowned out by political machine supporters and special interest voters.

With the leak in my apartment's ceiling, it definitely feels like they're tinkling.

425 Park had a little twist and lean.

They are, and I worked on higher floors in midtown without this issue. This particular building is notorious for it and sways very severely.

Buildings are designed to sway.

We are a sanctuary city! Migrants show up from areas that don’t want them.

Shocked Pikachu face.

[removed]

[removed]