Monday, September 14, 2015

THE POWER OF BIG REAL ESTATE IN NYC: Permeating throughout all levels of government--case studies

Another very recent extinct (at least at its 40 year location) NYC site as seen on Seinfeld reruns: Trash & Vaudeville, the last remnant of NYC's original punk neighborhood and my now-extinguished longtime spiritual home.
Because of other projects and family commitments, I haven't found much time to write over the summer, into the fall even. However, I have continued producing segments for WBAI radio's Morning Show. Here are several dealing with land-use, development and real estate in New York City.
Andrew Berman, executive director of the Greenwich Village Society for Historic Preservation, discusses the anti-landmarking moves in the "progressive" NYC Council, widely seen by preservationists as a massive land-grab by the real estate industry. Noting more than half of the city's current landmarked sites and districts would not have met the proposed deadlines including the Empire State building, Berman said the bill removes any discretion from the Landmarks Preservation Commission.  Since the hearing, the source for REBNY'S anti-landmarking report has refuted the powerful real estate organization's findings, and in fact, said rent-regulated apartments are "better preserved in landmarked areas."

Michael Kramer from 'Save Our Seaport' on the National Trust for Historic Preservation naming the Seaport Historic District as one of the nation's top endangered sites, on the backroom deal between the NYCEDC and a private developer rife with conflicts-of-interest, and the effect of mega development on the historic district and the anti-flood plan for Lower Manhattan/Brooklyn.

Alicia Boyd, founder of the Movement to Protect the People discusses the rigged process and widespread corruption amongst local elected officials and the community board evident in the city's plans to upzone the minuscule commercial district for mixed use. That means, according to Boyd, "affordable housing" that's not really affordable in the only African American area abutting Prospect Park which will cause massive commercial and residential displacement, and those valuable park views.

Louis Flores, publisher of the online news site Progress Queens, has consistently covered NYCHA issues in an in-depth way often ignored or avoided by the mainstream media.  His interview includes discussion of the lack of governmental NYCHA oversight by those officials and offices tasked with such responsibilities; insider deals the city has made to sell Section 8 buildings with well-connected developers who have track records of shoddy work; selling city assets ie land at NYCHA complexes with no ULURP as mandated by the city charter. This interview was conducted before the city announced plans to develop market rate housing on NYCHA property.


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