Speaker Quinn Bears Bad News for Real Estate Crowd
As the featured speaker at Tuesday’s quarterly gathering of the Brooklyn Real Estate Roundtable, Council Speaker Christine Quinn didn’t tell the audience of developers, property owners and brokers what they wanted to hear. If the City wrests control over rent stabilization from the State, as is expected, Quinn said that it would likely work to…

As the featured speaker at Tuesday’s quarterly gathering of the Brooklyn Real Estate Roundtable, Council Speaker Christine Quinn didn’t tell the audience of developers, property owners and brokers what they wanted to hear. If the City wrests control over rent stabilization from the State, as is expected, Quinn said that it would likely work to undo the pro-landlord steps that have been taken in recent years regarding decontrol and destabilization. She also didn’t give the impression that 421-a program would be reinstated anytime soon. The one bit of news that didn’t elicit a groan from the crowd: She does not expect that the city will raise property taxes later this year. Oh, and she also made glowing comments about Two Trees when asked about the prospects for its proposed Dock Street development.
Very simple rule of thumb: If you want to discourage something-tax it, if you want to encourage something-subsidize it.
If everyone understood this as an absolute fact, we would not have half the problems we have today.
I’m a Democrat but I vote Republican in all local elections. In fact that’s my new tag.
***Always vote Republican in local elections***
IB: “Only the laziest, stupidest, four child welfare family is helped…”
I hereby award you the coveted Bigoted Quote of the Day Award for that, having wrested it from winelover from last week.
Any Democrats on this thread?
“-b) the only motivated voters in NYC are those who are the recepients of government largess, be it tenants in rent-controlled buildings, public-school teachers, etc. These are the people that Quinn represents.” – benson
Benson,
I resemble that remark 😉
Full disclosure, I am a NYC teacher and I acknowledge the pretty awesome bene’s we get. But I am constantly annoyed by the general mentality of teachers of the union (which I am forced to contribute to).
I sometimes think I’m the only right/center-right employee in a way bent left work place…
Benson, you make a good point. People should be blaming themselves for blindly supporting politicians or worse, for being unaware of what their government is doing.
not to mention her blind support of some union causes.
term limits for Sheldon. When is that going on the agenda?
C’mon people. Quinn is protecting the interests of hardworking working-class families by proposing to raise the income ceiling for rent-stabilized apartment from $175,000 to $240,000. Thank you for looking out for the little guy, Ms. Quinn.
” I can’t believe New Yorkers can stand for this. ”
Katebushwick;
Believe it. Politics in NYC is all about 2 things:
-a) Folks continually voting for one party (Democrats) to show how “enlightened” they are. Once they pull the lever, most folks fall asleep and never watch what is going on. This isn’t a knock against the Democrats, it’s a knock against lazy voters who don’t believe in keeping a party in check by allowing a viable competitor;
-b) the only motivated voters in NYC are those who are the recepients of government largess, be it tenants in rent-controlled buildings, public-school teachers, etc. These are the people that Quinn represents.