Thumbs up! Thumbs down!

Thumbs up!
New York State Assembly Speaker Sheldon Silver deserves a thumbs up following last week’s news that the deal he brokered with 11 Battery Park City condominiums and the Battery Park City Authority to reduce ground rents by a whopping 35 percent between 2012 and 2042 had been approved. It is a deal that results in a savings of approximately $280 million to B.P.C. residents and owners of the affected condos. The deal, by removing the ground rent uncertainty, should also help condo owners obtain or renew mortgage financing for these properties.

It should be noted that the B.P.C.A., legally speaking, did not have to entertain such a deal. But the Speaker provided strong advocacy for his B.P.C. constituents, and he continues to work to make sure that affordable housing in Lower Manhattan does not go the way of the dinosaur.

The news of the deal comes during a heated debate currently taking place in Albany. The current law governing rent regulation is set to expire in just a few weeks. There has been a push at the local level in recent months, including demonstrations as well as city council hearings, to ensure the law does not expire and is strengthened.

The ground rent deal in B.P.C. goes against the apparent deregulation forces at work that would hope to make Lower Manhattan the exclusive enclave many believe it already is. But, contrary to that notion, not everyone who lives in Lower Manhattan, or in B.P.C., is wealthy.

The initiative shown by both Speaker Silver and the boards from the 11 condominiums to ensure that the neighborhood remains affordable for not only the people who reside here now, but for newcomers wishing to call the area home, is worthy of praise.

Thumbs down!
Once again, we are compelled to question the Lower Manhattan Development Corporation in its recent actions, which we believe prove that the agency’s time has come and gone.

On Monday evening L.M.D.C. President David Emil appeared before the Community Board 1 World Trade Center Redevelopment Committee to present what was supposed to be an accurate and transparent accounting of the remaining federal funds allocated for the rebuilding of Lower Manhattan. It was almost one year ago to the day that he appeared before the same committee and revealed that there were substantial funds which were yet to be allocated for their programmed purposes. The result of that presentation was beneficial to Lower Manhattan — various sums of money were eventually directed to the needs of the community.

But on Monday, Mr. Emil let the community down. He was not prepared and was unable to clearly state the facts that the community needs to know.

For example, while he did manage to go through each and every category the agency has set up to disburse the allocated funds, he was unable to answer the simple question of what was his agency’s annual operating budget.

We understand Mr. Emil has not been involved since day one. To know how every dollar has been spent is not what we expected. We did however expect a level of transparency we believe this community deserves.

The committee asked Mr. Emil to return with exact numbers. We hope that he does so in a manner that reflects the integrity of an agency that should go down in history as a major component of the revitalization that has occurred since 9/11.

Furthermore, this latest misstep should signal the urgent need for the city and the state to implement a sunset plan for an agency that is rapidly becoming no longer an asset to taxpayers, but a burden.

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4 Responses to Thumbs up! Thumbs down!

  1. No, you shouldn’t. I’d remmocend trying to move at the end of semesters though so paper work doesn’t get too complicated. I went to 4 different high schools in 3 different states, so I could tell you how it is first hand. I started out in New York City in 9th grade. School started in September in New York. The semester ended by the end of January. I moved to Florida in March. The problem was in Florida that school started in August and the semester ended in December. So the semester started a month earlier there. By the time I moved there, their 3rd quarter was done. I was like 4 weeks into our 3rd quarter in New York so no grades were formally recorded in the transcript. It was basically like going to school to do nothing except by attendant. When I got to Florida though, they understood. They just judged the 4th quarter’s grades as if they were both the 3rd and 4th quarters. Lucky me got to start school in September and end in August. I stayed in the school through the next year too and than went to a technical school nearby my junior year. I changed schools during the summer. When I moved to NJ in September ’07 though, I had to do the long year. I started in August in FLA graduated in June up here.School is just a continuation. If you did well in Georgia, you’ll do well there. If you did poorly there, you’ll do poorly here. Don’t come in with a negative outlook A fresh start is never a bad thing. School really isn’t all that much different anywhere. As long as you do your best, you do fine. It’ll be the same classes The thing you’ll run into that you haven’t seen before are the regents. They give them out in 10th, 11th 12th grade. Most are in 10th 11th. Only one or two are in 12th. So like lots of other New York students, you’ll have to take a lot of state tests late in your Junior year. And possibly your senior year.When I moved to FLA, I had to take the F-Cat. Than when I moved to NJ (because of my parent’s jobs trust me, no one would move to NJ because they wanted to lol), I had to take the HESPA. The good news is if you don’t do well, you can take it as many times as you have to. All of them really aren’t that hard. I was pretty pissed off when I heard I had to take the HESPA up here like the F-Cat counted for nothing. The same thing may happen to you if you took a State exam in Georgia. It’s probably not applicable in NY. NYC may be more courteous to people moving in though because there’s a lot more people who move there than NJ. I don’t know whether or not you’re going in public education or private. Public education in New York City tends to be overpopulated. Only 45 percent of kids graduate. There’s like 40 kids a class room. It’s really a mess. It’s sad because New York’s such a wealthy place. Most middle and upper-middle class people put their kids in Private Catholic schools though. If you’re moving to Manhattan, you may be coming from some money so your parents may go private instead Was this answer helpful?

  2. Bonsoir ! Tout d’abord, bravo pour votre magasin, vous avez trouve9 un super ccoenpt et je vous souhaite de pouvoir continuer e0 partager des oeuvres pareilles pendant encore une e9ternite9. Je voudrais savoir si vous customisiez les baskets type sneakers ? Si oui, pourriez-vous me donner une tranche de prix (car j’ai vu dans un commentaire pre9ce9dent qu’un devis e9tait ne9cessaire) ? C’est juste histoire de me faire une ide9e, car je n’ai pas l’occasion de venir souvent e0 Lille Merci d’avance

  3. Hi, great article it’s exactly the point

  4. You will discover some interesting points in time in this article but I do not know if I see all of them center to heart.

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