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If Ending Rent Stabilization
Would be the Catalyst for Massive Positive Change in
New York City and New York State and, through natural
forces, stabilize rents for the bulk of middle class
living in NYC and those who would want to move here
...
Is There
Anything To Talk About?
Have the Courage to Discuss Change!
The Law Expires in June, 2003. I Hope to Initiate
a Discussion of the most important and serious issue
as to Why If Ending Rent Stabilization Would be the
Catalyst for Massive Positive Change in New York City and New York State and, through natural forces, stabilize rents for
the bulk of middle class living in NYC and those who
would want to move here.
Is There Anything To Talk About?
Have the Courage to Discuss Change!
The supply of housing for the middle class would be
greatly increased by
allowing the middle class to return to NYC to retake
all the neighborhoods and apartments that were originally
built for, and tenanted, by the middle class.
When the middle class left New York, property owners
had no one to rent to but the indigent and working poor.
This group, just like the middle class, and wealthy,
have lifetime rights to their rental apartments under
Rent Stabilization. The middle class, typically, do
not move to neighborhoods where the poor have lifetime
rights to stay. Therefore all that housing is, ostensibly,
off the market to the middle class.
Most of the Bronx - once a wonderful place for the
middle class to live. Now “Off the Market”
- probably 1/2 of NYC's housing stock that still exist
- (so many have been lost to abandonment!). By the way,
The Bronx has the largest collection of Art Deco architecture
in the World - too bad we can’t allow it to restored
to what is could, and, should be.
The Upper West Side of Manhattan above 125th Street-
wonderful housing - “Off the Market” to
the middle class! 1/3 of Brooklyn - “Off the Market”,
25% of Queens - “Off the Market”! Would
it be immoral to allow the middle class to return to
NYC? And why should we, as citizens of NYC and NY State,
allow ourselves to suffer as we do to take care of someone
who came to NY and signed a rental lease for 1 or 2
years. Because of Rent Stabilization, they have lifetime
rights to their rental housing and we must, therefore,
take care of them for the rest of their lives! Screw
the middle class - They left NY 20 & 30 years ago,
why should they have a right to return? Why should we
worry about huge budget deficits, inability to care
for ourselves, our schools, teachers, cops, infrastructure.
We would rather drown in the expense of taking care
of the indigent population that came and signed rental
leases!
We like to suffer - we are
New Yorkers!
Of course, this brings up the very serious issue -
What to do with the poor of America? Must our Cities
continue to be the havens for the poor and indigent
or can be come up with a better solution to allow our
Cities to return to their former glory?
My Web Page Deals Primarily with the Issue of Allowing
For Massive Positive Change to Occur In NYC (and NY
State) but also deals
with Other Subjects of Interest to me.
The Big Question Is
If Ending
Rent Stabilization Would Be
the Catalyst
For Massive Positive Change in
New York City and New York State and
Through the Marketplace Would Stabilize Rents for
the Bulk of The Middle Class Living in NYC and Those
Who Would Move to NYC and If ending Rent Stabilization,
which would allow a natural population change in NYC
to take place - back to a primarily middle class City,
and Would Allow NYC To:
- Abolish or Greatly Reduce Income Taxes
- Dramatically Reduce RE Taxes
- Allow for 1st Class Public Schools & Universities
- Allow for NYC to Repair it’s Infrastructure
&
- Attract New Business who wanted to be in
NYC because of the new
- Middle Class Population Base &
- Have an Infusion of Money From the Private
- Sector to Build New and
- Renovate Older Property
Is There Anything
to Talk About or
Must We Just Allow Things to Stay As Is?
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