The answer is simple: Capitalism has outstayed it’s welcome. Its time to go for Scientific Socialism. You ever watch star trek’s society in tng and go “huh, that would be nice…”? Well thats Scientific Socialism.
Username checks out
I mean, more like moderate socialist, but sure whatever floats your boat.
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Lol
Lulz is a corruption of lol
Fair point
No it’s Fairmount. That’s where the party favors are. In the Camillus area where my grandma lived. Tully’s the ball runner. We got six yack in the clack-a-shackerlantern. Doug ain’t what he used to be, but one thing’s fer sure - that boy likes them quails real nice n plenty. It is embarrassing. But you shave, right?
No it’s time to form a decentralized autonomous technotheocracy, what are you talking about? This is self-evident how the structure of the mothership will be manifested.
The real solution is to have the municipality build low income housing. The people responsible for the housing crisis should not be involved at all.
The
realurgent solution is to have the municipality build low income housing. The people responsible for the housing crisis should not be involvedat allin that.
BUT HOW ARE THE LANDLORDS (I am not one) GONNA AFFORD TO LIVE!!! THE POOOR LANDLORDS
BUT HOW ARE THE LANDLORDS (I am not one)
So many of these NYT / WaPo Op-Eds are written by Landlords. So many Twitter shitposts and Facebook hate threads are started by landlords. So much of the local news bullshit is financed by landlords.
The NYPost is landlord required reading.
Yes. The biggest advertisers for most city papers are real estate and the results as predictable as they are obvious.
He’s a decent mayor so far and we haven’t had one of those since I’ve been living here
I hope Mamdani doesn’t get cynical about all of the roadblocks that will be put up against him. Keep the faith against those white old corpulent entrenched establishment types!
If he hasn’t gotten cynical at this point, he’ll be fine. It’s basically expected that he’s going to get roadblocks from the establishment and he has been so far, whining from the left is also fairly inevitable and it seems like he has a good enough support system and popularity that I’m not concerned about that.
In red states they’re forcing urban city owned properties to sell. Getting the buildings out of gov. ownership and control is difficult. Doing it this way makes everyone overlook the taxpayer money going to a private investor later. Don’t look too close at the fact that Cochran Gardens, and Pruitt Igoe (StL) were both built buy Minoru Yamasaki, the same man who built the WT towers. It will fail and prolly be demolished in 20 years or so. The building, much like the towers, is probably to expensive to rehab. Also I will just put to people that our nations crubling infrastructure, is not a good sign as far as invasion is concerned. Liquidating government buildings so they’re not liable for their repairs, or so they are not targets of dissent, is also not a good sign. Investors are not investing money in the future. They are invested in the planning process of the future. Roman concrete is reviered not for its composition, but for its ablity to control a society with infrastructure. They say not to look a gift horse in the mouth, but the ‘too good to be true’ rule exists for a reason.
The far right are so virulently anti-Mamdani bcs they know it’ll get the compatible left to even more entrench their support for him even as he’s already drifting towards the positions of the center-right party that he’s adopted, despite them fighting tooth and nail to keep him out of office.
Everything in politics makes way more sense when you stop believing the kayfabe and recognize they’re all on the same team. “It’s a big club, and you ain’t in it.”
Until he arrests Netanyahu and stops the NYPD from brutalizing protestors, I’m going to stay highly skeptical of him. At the end of the day, bourgeois democracy will never serve the interests of the people. He’s controlled opposition.
He literally explained how he cannot arrest Netanyahu and told exactly who is stopping him and called Netanyahu a criminal several times on that announcement. The NYPD thing I cannot argue against because I literally know nothing of it, so I’d love to learn about it, but calling him a controlled opposition smells of either right wing paid troll to get the left to not like Mamdani or a person who really wants to let perfect be the enemy of good. Gog forbid anyone be less than perfect and help us move towards a better future in any shape or form besides all the way in a single move exactly how I envision it
The mindset that there’s one person who’s going to save us is something that the left has to just get rid of. It doesn’t matter whether it’s Mamdani or Bernie or AOC. Putting anybody up on a pedestal like that just means that they’re inevitably going to disappoint you, because they aren’t gods, they’re human, and the machine that they’re a part of is so much bigger than they are.
No, he isn’t “controlled opposition”, but he also isn’t some socialist ubermensch who can’t ever be corrupted. What is important is the movement, not these figureheads.
at no cost to the city
Converting office space into apartments has a cost, it will be easily recouped but there is a cost.
Seems like a good idea though.
It appears funding is coming from private sources and upkeep labor is being organized by the 32BJ Union, a massive local union that specializes in affordable housing that’s populated with people who work and specialize in “cleaners, property maintenance workers, doormen, security officers, airport workers, window cleaners, building engineers, school and food service workers, factory workers, etc”.
The conversion costs and labor appear to be funded and plan to be performed by GFP Real Estate and city partners, no doubt in exchange for good favor for future permit approvals and project integration by the Mayor’s administration.
Pretty smart if you ask me.
Having trouble finding any real info on this, but it appears that the city isn’t actually performing the work, just changing rules and providing incentives to do the conversion.
So the “no cost” is really just that the city isn’t paying for it.
Seems like the setup is that the developer gets paid back via the market rate housing revenue, while the city gets a guarantee a minimum number of the new residences are rent controlled. So the developer self funds (or take loans) to start the project, it seems. And the city is still the landowner as far as I can tell, so the developer pays the city a share, which is how the city funds getting new office buildings for agencies to replace these.
I had to dig into what they mean by cross-subsidy to figure that out
So do they sell off sections of the building to developers, who do the work and then sell units back to owners at a price cap?
They rent a building to a property-developer/manager (eg Hines, Douglas Elliman, etc) that converts to residential and rents apt units to individuals, with a guaranteed portion of them affordable and rent stabilized.
It’s like if the city had a fleet of commercial vans they let a local taxi cab company lease at a submarket rate and convert to taxis. In exchange for the deal on the fleet, the taxi company sets aside a certain number of cabs dedicated to shuttling New Yorkers whose disabilities make public transit hard to use.
This property development business model is common, as is the affordable housing stock deal developers make with the city for things like tax breaks. What’s unique here is that the mayor’s office addressed the problem of perpetually lagging housing stock creation and skipped past years of slow property development and construction by offering a large building in the city that’s already built and ready to convert to residential. The city will then use the lease revenue to construct a new office. In the meantime, New Yorkers have more places to live.
to the city
Vacant buildings have a cost too. A vacant high rise building that gets repossessed becomes a massive cost to the city.
Source please if you have one, I’d love to read about what those costs are if they’re real
The costs are real of course, but seemingly handled by a private company that was willing to pay for the project.
Which means the cost to the city was - everyone all together now:
The point is that the original commenter accurately noted that there are costs, but this particular little screenshot does nothing to explain the nuance.
So you have to acknowledge the costs and how they were actually handled, instead of just 'I need sources for the very obvious reality that renovating a building isn’t “free”.
“No cost to the city” is accurate, but it’s completely reasonable to fixate on how ‘no cost’ doesn’t make sense and not think hard enough on the ‘to the city’ part of it and ask for some explanation/discussion of that nuance.
“No cost to the city” is accurate
Thank you
Sinks and showers and walls do not install themselves? What kind of a source are you looking for here?
Just because there is A cost, doesn’t mean it cost the city anything. The original comment sounds like an assumption, and I’d like to validate it
Can you just get the win? It is healthy to be skeptic but in the context of how shit everything else is, what’s the point of stating the obvious?
It’s wise to look for the potential ‘catch’, and the story provides it if you look, though the headline itself makes it pretty obvious by stating there will be 3,000 unaffordable residences.
In this case, the ‘catch’ still seems pretty solid. Sure a real estate company gets to gouge 3,000 units, but 1,000 units may well be worth that. But it does mean continued vigilance, to make sure the real estate company doesn’t somehow screw up stewardship of those 1,000 affordable units.
This is the haternet. The only reason people come online is to nitpick and naysay others.
More good steps in the right direction 👍
3/4 of the apartments will be market rate, I bet it’s paid off in the first year when you look at market rate there.
- They’re not converting office space. They’re demolishing and rebuilding.
- There’s no cost to the city because they’re selling the building to a private developer on the condition they use the site for housing.
A lot of commercial real estate has gone unoccupied since COVID and the explosion of remote work. I see for lease signs all over downtown in my city.
So it doesn’t necesarily have a cost and could in fact be revenue positive to convert to residences.
Where I live they are trying to do the same. Sadly the shape of the building do not work well for housing. There’s more inside dark areas than window accessible areas. The proposal was to make a “community area” towards the centre of the building which is a terrible idea. The alternative is converting the inner area to apartments without any sunlight, which isn’t going to work even if it’s legal. The building sits empty because nobody can provide a good idea how to use it.
Opportunity cost
its why most democrats are against him too.
Cause hes setting a dangerous precedent of an elected official serving people, not money.
Slavoj Zizek calls the Democrats “capitalism with a kinder face - LGBT rights and so on and so on.”
That’s really it. They think the core economic system is working. They’re fine to greenlight social policies that don’t challenge it, especially if they think it will win them votes. And that’s all they are.
Slavoj Zizek calls the Democrats “capitalism with a kinder face - LGBT rights and so on and so on.”
Let’s not pretend they stand for the T in that acronym.
They stand for whatever gets them votes. Given the current cultural climate with the right actively controlling the media landscape and the left busy purity testing before they even consider voting, they would obviously consider taking a seat on the topic.
They stand for whatever gets them votes.
They stand for genocide and nothing else and do not care about votes.
Ah, you’re one of those persecution fetishists. Normally y’all are about Jesus.
Then you should have no problem identifying an issue that the centrist wing of the party has fought for harder than it fought for netanyahu’s campaign of genocide.
Literally anything lol wtf are you smoking?
My thought is that for many many years politicians didn’t really have to do anything to re-elected. And when they were asked to do something they would always say “we can’t afford that.” or they would write a bill that would promise “thing” will get funded 10 years from now. So these lifelong politicians have turned into lazy fucks just there for the money and are pissed at these younger officials that are actually doing the job they were elected to do.
I have to admit I had been lulled into a sense of nothing will change attitude and now that I see how wrong I was I’ve become quite pissed off.
Start rolling out guillotines and i bet they’d start finding ways to serve their electorate rather quickly.
That won’t be their first instinct. Their first instinct will be to kill anybody who seems at all threatening.
It’s why the corporate neo-libs hate him too. They truly are in the business of managing decline instead of doing their fucking jobs.
They’d rather support a sexual predator that they said should resign from being Governor a few years earlier.
Is there even such a thing as a non-corporate neolib?
I think there kinda sorta used to be, in 2026? Naw not really.
I can’t remember who said it, but it’s like he got in office and saw the “Get Shit Done” button an jus for the life of him couldn’t understand why previous Mayors weren’t usin it
DeBlasio was pretty good about hitting it. Bloomberg could hit it, but only for Evil. Adams was just an incompetent shithead who only knew how to take bribes and do photo ops.
And awkwardly mention 9/11
The main thing is that he’s really good at publicizing what he’s doing.
Josh Johnson
Josh Joshson.
That’s Crazy…
Next, convert Trump Tower into affordable housing.
Trump Tower isn’t mobile. One star housing. This is the future. Next.
I wouldn’t wanna live in that gaudy hellhole even if you paid me
Shit no. That would be like living in Mordor. No, to hallow that place turn it into the Trump library with every floor an exhibition of the lies, stupidity, evil and crimes he committed, with the penthouse dedicated to the Epstein Files.
I was gonna say to just line every wall on every floor with copies of the unredacted files. Name it the Trump Epstein Corruption Library
Nah, convert it to a pile of ash.
And Trump into compost for affordable food?
That would turn any food grown with it into poison, tho?
I live in Harlem. He really has been great! He’s just a genuine and nice guy too!
Edit: word
You can see it in Mamdani’s smile; the man radiates joy from the inside out. His smile says he loves New York, he loves New Yorkers, and he loves serving them. I wish the world had more Mamdanis.
Edit: word
You don’t have to add “word!” just because it’s Harlem
It’s ok, we speak jive.
Word
Church.
Same reason status quo democrats dont like him.
Well what about the Democrats huh!
