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This is the only alternative to improve the lower east side. Tenants should be given the opportunity to purchase their units in which they're currently living in.
Last edited by rqnll; 07-17-2007 at 06:05 PM..
Reason: clarification
This is the only alternative to save the lower east side.
Tenants will reap the financial benefits if they decide to cash out by selling their units in the marketplace, and use the proceeds to purchase a home of their choice elsewhere.
it's not the tenants property to sell
how about the city evict them first then sell the apts and the city can reap the profits, that's something I could support
Sorry to break this thread, but I put up one privatizing all of the PJ's. The main issue is NYCHA's debt, which is not expected to turn around anytime soon. Other issues, as well.....
Sorry to break this thread, but I put up one privatizing all of the PJ's. The main issue is NYCHA's debt, which is not expected to turn around anytime soon. Other issues, as well.....
You mean the Federal funding being witheld for not requiring tennants to work has put NYCHA in the red?
Think of the world's poor starving Yuppies and their hipster kin that need those apartments! They could call them "High-Rises" and we could import more Mexicans to cook for them. ('Cause that's a job no one else wants!)
Think of the world's poor starving Yuppies and their hipster kin that need those apartments! They could call them "High-Rises" and we could import more Mexicans to cook for them. ('Cause that's a job no one else wants!)
Allowing tenants become homeowners can only be a good thing. The city, state, and federal govt and private banks have to come up with creative ways which will afford these tenants the opportunity to realize a piece of NYC's economic success.
Allowing tenants become homeowners can only be a good thing. The city, state, and federal govt and private banks have to come up with creative ways which will afford these tenants the opportunity to realize a piece of NYC's economic success.
Man, if I was in the 3BR room I grew up in in Tompkins Houses, and had an opportunity to buy it, I'd jump at that joint like a tiger!
ALL of them buildings were built well. ALL of them!!!!! OK, major renovations and quality of life upgrades are sure needed, but that can happen with privatization!
Oh God, I hope one of the fine youths of the "real" LES puts a bullet in the OP's head. It's thinking like this that creates so much tension between have's and have nots. Not everyone in the projects is a pig criminal. A minority of the bunch makes it a dump for everyone. Most of those people REALLY need that housing.
Also the way the housing is designed it would take major renovations. years of neglect has really worn things down, and many "features" are not desireable to someone who wants to buy/rent at market rate. Thank god they are tough or they would have ended up like the Robert Taylor homes in Chicago, demolished.
I don't know if the PJ's need to be sold off, per se, (why should the city throw away its assets?) but I think they could definitely be run better by a private management corporation (that could make money instead of loose it like NYCHA, while at the same time providing a better service).
Look at Parkchester or Stuyvesant Town. These are PJ style housing that are run by private management companies. Those buildings and the tenants who live in them are in a hell of a better situation than people living in the real projects.
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