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I know you're joking, right??? How would you feel if you paid $350K for a condo and are paying $500-$1000 in maintenance each month (on top of your mortgage and everything else) and the management company cut a deal to fill all the empty apartments with homeless people who, as I said above, will most likely destroy the apartments and appliances within 6 months and have the place ghetto-fied in no time??
Agreed. I don't know anyone that will pay $350K to live in what is essentially a homeless shelter.
i don't think this will lower property values at all actually. people build 300-$500k (and sometimes higher) condo's directly across the street from projects and i've personally seen a condo or 3 in ENY, yet people are still willing to pay top dollar for them. so if people are willing to pay hundreds of thousands to live in or around the ghetto, why wouldn't they do the same to live amongst the homeless?
I think they're referring specifically to the ones that live in that building. I don't think many people would spend a lot of money to live in a luxury condo with the homeless. Quite ironic that we keep referring to them as the homeless, when they have a home now..
well, me personally, if i had to choose between a luxury condo surrounded by slums or a luxury condo filled with vagrants, i'd pick the latter.
However, this thread is dealing specifically with this building.
I know that I'd be pretty ticked off if I paid 350K for a condo and was paying a mortgage, taxes, maintenance, etc in order to have a better life for myself/family and, next thing you know, the management company moves in a bunch of degenerates who are going to live there free of charge and destroy the place.
I'm surprised the condo owners haven't gone ballistic over this and filed a lawsuit ---- I know I would!
Oh, and before anyone bashes me for the use of the word degenerate, here's the official definition from merriam-webster:
having declined or become less specialized (as in nature, character, structure, or function) from an ancestral or former state b: having sunk to a condition below that which is normal to a type ; especially : having sunk to a lower and usually corrupt and vicious state c: degraded
ok, then DON'T LIVE THERE. its not like anyone is forcing people to. and its not like 1 condo going bad is going to ruin the area or something. and do any of you even live in that nabe? lets leave it up to the residents of crown heights to make a decision. if they don't like whats happening then leave the complaining to them. simple as that.
The point that's being made is that the people who DO live there, the people who worked their tails off to be able to afford to live there are being screwed because the management company decided to lease to an organization who is putting vagrants in the luxury building that they've worked, scrimped, scratched, and saved to be able to afford. Do you expect them to just up and leave the homes they've WORKED to afford so a bunch of welfare recipients can live it up on the taxpayers dime????
yea, its great that they go back to sleeping in the subways and in abandoned buildings, right?
Gee, here's a novel concept: How about getting a JOB and renting a room until you can afford an apartment and stop leeching off the system.
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