The details matter. It’s worth seeing how this deal got done:
The deal includes an agreement that would keep almost half of the more than 11,000 apartments affordable for 20 years. For Blackstone, it extends a push into owning rentals and makes it one of the largest residential landlords in Manhattan.
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on Open Mic for the week of 4/15/2024I think it's all optics. NPR isn't an American equivalent of something like the BBC. It was created… on Open Mic for the week of 4/15/2024I'm pretty sure it has been getting knocked around on this in a way that is credible to actual or po…
on Open Mic for the week of 4/15/2024How so? We have had repeated use of anti-Semitic imagery and language from certain quarters of the D…
on Open Mic for the week of 4/15/2024i’m not sure this is true either on Open Mic for the week of 4/15/2024That is not the remarkable
on Open Mic for the week of 4/15/2024I'm just going to repeat this line because it's funny: She was Loyola's Anti Racism Center Fellow fo… on Open Mic for the week of 4/15/2024It's amazing how these things keep happening but there is a code of silence about it.
on Open Mic for the week of 4/15/2024Do you think the impact is from people reading the article who didn't realize what NPR has become? P…
on Open Mic for the week of 4/15/2024Repeated accusations aren't the same thing as repeated use. The genuinely good people on the right w… on The Statistical Side of ImmigrationThese guys probably could have gotten busted for weed, but they didn't need a whole lot of entertain…
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It’s ironic that Peter Cooper Village is being guaranteed continued affordability just as Cooper Union is losing it.Report
@mike-schilling
Wasn’t that resolved favorably?Report
There’s an agreement to try to return to the status quo ante, but the money that the administrators threw away is still gone, and debt they took on still remains, so who knows whether they’ll get there.Report
“The deal includes an agreement that would keep almost half of the more than 11,000 apartments affordable for 20 years.”
The guys running AirBnB were reported to have sent out for two dozen packs of new underpants after hearing this announcement. “It’s not that we’re happy to hear of apartments required by law to be set below market rate in an insanely-expensive place like New York City, thereby providing a strong incentive to illegally sublet them at market rate using our service. It’s just that–ooh, there I go again. Joey, throw me another pack, hey?”Report
Not the imagery I’d use, but the sentiment is correct and that is a way AirBnB is being used — enough so that cities are trying to ban people from sub-letting through AirBnB for more than a certain portion of the year.Report