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Old 08-08-2018, 06:51 PM
 
31,761 posts, read 26,716,490 times
Reputation: 24631

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Hahaha! You egits have been played.


https://therealdeal.com/2018/08/08/d...on-nycha-land/
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Old 08-08-2018, 08:36 PM
 
766 posts, read 505,668 times
Reputation: 710
That’s what he gets

Promising a whole bunch of affordable housing the city can’t afford to build or maintain by itself. The developers aren’t falling for the low income or 50/50 buildings unless it includes massive tax breaks further more they prefer not to have to deal with creating just another extension of NYCHA

They will only get the money to fund NYCHA by letting developers build market rate
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Old 08-08-2018, 09:18 PM
 
Location: Harlem, NY
7,898 posts, read 7,823,487 times
Reputation: 4132
They gotta do it. NYCHA is a) beyond repair b) mismanaged c) doesn’t work d) doesn’t generate revenue e) ain’t gettin funded by the government and f) dated. There’s no other housing agencies as large as NYC’s in this country. NYCHA is on its way out. No developer in their right mind is gonna buy NYCHA buildings, to renovate em, unless they’re gonna raze em for new development
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Old 08-08-2018, 09:45 PM
 
25,556 posts, read 23,892,174 times
Reputation: 10119
Everyone knew this would happen, various privatization rumors have gone for years.
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Old 08-08-2018, 09:51 PM
 
25,556 posts, read 23,892,174 times
Reputation: 10119
Quote:
Originally Posted by HellUpInHarlem View Post
They gotta do it. NYCHA is a) beyond repair b) mismanaged c) doesn’t work d) doesn’t generate revenue e) ain’t gettin funded by the government and f) dated. There’s no other housing agencies as large as NYC’s in this country. NYCHA is on its way out. No developer in their right mind is gonna buy NYCHA buildings, to renovate em, unless they’re gonna raze em for new development
Developers have already purchased 50 percent stakes in certain NYCHA buildings. The buildings are renovated and converted to Section 8 housing.
NYCHA to sell half stake in hundreds of units to developers - NY Daily News


https://www.dnainfo.com/new-york/201...e-partnership/
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Old 08-09-2018, 12:41 AM
 
766 posts, read 505,668 times
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Quote:
Originally Posted by NyWriterdude View Post
Developers have already purchased 50 percent stakes in certain NYCHA buildings. The buildings are renovated and converted to Section 8 housing.
NYCHA to sell half stake in hundreds of units to developers - NY Daily News


https://www.dnainfo.com/new-york/201...e-partnership/
That’s a good deal subsidized by the federal government. However I think in 2018 with trump in charge as well as the investigation into nyc incompetence in running nycha being exposed, the feds aren’t willing to make a deal like that again
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Old 08-09-2018, 01:14 AM
 
11,445 posts, read 10,430,033 times
Reputation: 6283
Quote:
Originally Posted by HellUpInHarlem View Post
They gotta do it. NYCHA is a) beyond repair b) mismanaged c) doesn’t work d) doesn’t generate revenue e) ain’t gettin funded by the government and f) dated. There’s no other housing agencies as large as NYC’s in this country. NYCHA is on its way out. No developer in their right mind is gonna buy NYCHA buildings, to renovate em, unless they’re gonna raze em for new development
I don't think the buildings themselves are the problem. They would just make them into Stuy Town like places
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Old 08-09-2018, 06:12 AM
 
Location: Harlem, NY
7,898 posts, read 7,823,487 times
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Quote:
Originally Posted by l1995 View Post
I don't think the buildings themselves are the problem. They would just make them into Stuy Town like places
They are indeed a big part of the problem due to years of neglect. Some of em have huge cracks in the interior. Many NYCHA residents say that their ceiling caved in. The buildings have heat and plumbing issues. Once there was a leak in a NYCHA building that skewed the contents of the toilet, feces and urine, all in the buildings hallways. You cannot compare Stuy Town/PCV to NYCHA. One has nothing to do with the other. They are not and never have been NYCHA so those buildings have always been kept up. NYCHA is a ballooning monster which the government is not sponsoring anymore
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Old 08-09-2018, 03:06 PM
 
31,761 posts, read 26,716,490 times
Reputation: 24631
Quote:
Originally Posted by l1995 View Post
I don't think the buildings themselves are the problem. They would just make them into Stuy Town like places

NYCHA is largely made up of housing stock that has been ridden hard and put away wet. Piled on are decades of neglect and or deferred maintenance. In short many of these buildings have long passed their sell by date and need either major overhauls and or simply torn down and rebuilt.


All homes/housing is like this; ask anyone who has bought an older home/building and or has lived in even a new one for a long time. Sooner or later things need work, that is just a fact. It is also a fact longer things are delayed issues just multiply as the cancer of poor maintenance spreads.


It isn't helping that large numbers of NYCHA residents have never had a pot to pi$$ in or window to throw it out of, and treat things badly.
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