I think the Stuy Town decision will have a significant effect on the Manhattan market-rate apartment market. tens of thousands of apartments will likely go back under RS, thereby reducing supply (people tend to stay in below market rate apartments) and thereby newcomers will have fewer choices – thereby raising prices (or at least resulting in less of a decline than otherwise) – plus this along with the move to eliminate ‘luxury’ decontrol in Albany will likely reduce the number of LL seeking buildings to convert to marketrate through MCIs – whether this supply issue will have a spill over effect on rents outside of Manhattan and Brooklyn Heights is debatable
the madoff investigators said Mets owners were NET Winners to tune of $40M+ (withdraw more than put in) in the ponzi scheme. friends of wilpons say madoff ripped them for 600M. which is the truth? if wilpons got the money, spend it god damn it. bring in some players with heart and fire. current team has too many pansies
I don’t think the renters are going to see any money paid back to them. The entity that holds Stuy Town is bankrupt and the bondholders have lost almost everything. It’ll be in courts for years. It won’t have any effect on the rental market for the next year or so at all. It may be such a legal morass that leases do not even get written.
“I especially like the “host bars” where the guys are dressed in J League outfits!!! no homo
Posted by: daveinbedstuy at October 23, 2009 9:57 AM”
Why are you “no homo”-ing? If you look it up in Websters, it says “see DIBS”
I think the Stuy Town decision will have a significant effect on the Manhattan market-rate apartment market. tens of thousands of apartments will likely go back under RS, thereby reducing supply (people tend to stay in below market rate apartments) and thereby newcomers will have fewer choices – thereby raising prices (or at least resulting in less of a decline than otherwise) – plus this along with the move to eliminate ‘luxury’ decontrol in Albany will likely reduce the number of LL seeking buildings to convert to marketrate through MCIs – whether this supply issue will have a spill over effect on rents outside of Manhattan and Brooklyn Heights is debatable
“Another weird Japanese “cultural” item is their very high consumption of hard-core Cartoon Porn.”
Worst pickup line ever: “Baby, I’m no Fred Flintstone, but I can make your Bedrock!”
wonder if lackey would look good in Mets uniform.
the madoff investigators said Mets owners were NET Winners to tune of $40M+ (withdraw more than put in) in the ponzi scheme. friends of wilpons say madoff ripped them for 600M. which is the truth? if wilpons got the money, spend it god damn it. bring in some players with heart and fire. current team has too many pansies
I don’t think the renters are going to see any money paid back to them. The entity that holds Stuy Town is bankrupt and the bondholders have lost almost everything. It’ll be in courts for years. It won’t have any effect on the rental market for the next year or so at all. It may be such a legal morass that leases do not even get written.
and their consumption of whales
Yeah, what’s up with all that cartoon porn? How can that possibly be so popular?
kens – how old are you? Play the field while you can, no need to have kids until your close to 40. no homo.
“I especially like the “host bars” where the guys are dressed in J League outfits!!! no homo”
I guess you prefer the Japanese “ball players” over those who are born or defect to the US.
(No Hideo Nomo)