Friday News Round Up!

Made it through another week. Here’s some things that happened in New York while nothing good happened in Washington. 

  1. Big developers and the Department of City Planning are rushing to finish up their final projects before Bloomberg leaves office. Its looking very likely that the next mayor will be a little bit less friendly to big ticket development (and ideally in favor of more affordable housing.) 
  2. Speaking of development: Greenpoint is currently facing a debate that underscores all debates around affordable housing in New York. What does affordable mean? Affordable to who? How much “affordable” should developers provide? Is the AMI even a useful measure of income? 
  3. What does Tish James as Public Advocate mean for the race to be the next City Council speaker? 
  4. Glenn Beck claims that the media focus on Anthony Weiner was simply a distraction, a communist plot to take over the government. It’s funny. 
  5. A coalition of tenants have been fighting against their notorious Predatory Equity landlord, Pinnacle, for years. They charge their landlord used widespread practices to illegally raise rents and push out low income tenants. Though tenants will now be able to seek compensation from their landlord for this malfeasance, tenants are disappointed. This week, a federal judge turned down tenants attempts to appeal an earlier settlement which excluded certain types of claims that Pinnacle could be liable for. We know they’ll keep fighting. 
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