Punks Invade Williamsburg as Heroin-Addicted Hobos Set Up Shop in Trendy Brooklyn Neighborhood [Daily News]

If the hobos posted on a blog, they'd get nasty responses.

On the street, people look at them all dirty and their fake sad poses on the street and feed them $15 per hour which is how much more than you make working inside at Whole Foods and the other stores right there. And no taxes on their "earnings," because everyone feels sorry for these kids. (Will Universal Health Care extend to the Heroin addicts?)

Why does Union Square attract morons who pay these hobos $15 per hour? Because we know why Union Square attracts the hobos: the morons who pay them keep paying them.

Long Island City is next.

Right, the NY Daily News interviews one dude and suddenly there's an "invasion"! Any other highly reputable news sources? The truth is that about half the time I walk into or out of the subway, there's someone panhandling at the top of the steps - not harassing or berating anyone as far as I can tell. I've never seen anyone "shoot up," deal, or break into a construction site to squat. Does that mean it never happens? Of course not - it's a big city. But these "crusties" have been around for a while now - I'm pretty sure they were in Tompkins Square Park and the EV at least a year ago (still are?) and it's only natural that some of them would find their way across the bridge. I doubt they'll stick around when it gets colder. If they do and more of them start showing up, then we can start talking about this being an issue - otherwise, maybe we shouldn't lend too much credence to an over-the-top article?

Aren't these heroin addicts in Union Square right near Chelsea?

For years on 14th street between Union Square East/Park and 6th avenue. The couples always take two locations for double. A couple could be making $300 a day. How many translated words is that Steve?

"Aren't these heroin addicts in Union Square right near Chelsea?"

There were 20 years ago, not today. Today there's a bandstand and a farmer's market and lots of evangelists, not to mention shoe stores.

Really, LICC, you must step away from the crackwhores under the Queensboro Bridge and move to civilization.

Oh, I forgot - you can't afford civilization, which is why you live in Hiroshima. Sorry.

"How many translated words is that Steve?"

Don't know - too busy making $2,500 a day typing.

sure Steve keeping dreaming that you actually make money. BJW doesnt it get tiring every day fighting against the world trying to convince everyone that Williamsburg is not a crusty infested,machete gang war zone with atleast 30 years of unbuilt capacity?>

Give up - walk away from your unit. You are going to lose your shirt. And your argument that you bought it not for an investment but because you like living in a heroin shooting gallery with machete wars on either side is a weak argument at best.

"keeping dreaming that you actually make money."

Tee-hee-hee.

steve ALL of my translators fees are down over 30%. Are you saying that you are the only one who is not?

No, petrfitz, it's not tiring because you're the only one spewing this nonsense and you're too much of a knucklehead to be worth my time here. You're also hands-down the least credible person on this board.

I am the only one? Who wrote the epicenter of housing crisis article? Who wrote the hobo article? Who posted this thread? All 3 not me.

1 question for you how do you expect to sell your glass condo in 5 or 10 years when at that time there will be hundreds of new glass condos on the same area on the market with newer amenities, common areas, and appliances?

What is your exit from your w burg condo?

petrfitz, the Williamsburg real estate market obviously has its problems right now. I'd never deny that. What I'm talking about is this caliber of junk that only you can continually spew: "a crusty infested,machete gang war zone with atleast 30 years of unbuilt capacity" or "a heroin shooting gallery with machete wars on either side" (and yet you love Pitt St). The NY Mag piece is actually decent (if you actually read it instead of just quoting the headline, you'd see it ends on a more positive note actually), while the NY Daily News "hobo" article (as you call it) is pretty baseless junk.

As for your question - first, my apartment is actually not in a "glass condo," and second, I don't plan on selling, perhaps ever.

You have translators, petrzitz? Wow.

No my fees remain the same at 12 cents per target word. Just added a new defense contractor needing someone who can translate highly technical information on weapons systems.

Steve if that is your rate and you claim to make $2500 per day then you would have to translate over 20,800 words per day.

At a rate of 15 secs per word translation which is a pretty quick clip - it would take you over 86.8 hours (with no breaks or slow downs) to make $2500.

So you are capable of working 87 hours in a 24 hour period? or are you a complete liar?

so BJW - you never plan to sell? Therefore you consider your RE invetment a complete loss. Thank you for finally admitting it.

Now why do you encourage and support others buying in Williamsburg when you yourself consider it a complete loss and bad investment?

petrfitz, don't you know the power of positive thinking? stevejhx only needs 5 seconds per word, so we are really only talking about a 29 hour day. And yes, that is possible, and it leaves time for his investing strategy (60% annual returns every year for a straight 10 year period ... until Lehman) and shilling for nybits.

petrfitz, by that reasoning, you're saying that Warren Buffett considers his "RE investment" a "complete loss." This just shows how out of touch you are, as if championing Pitt St didn't completely prove it. I don't encourage anyone to do anything on these boards except determine things for themselves - posting here can help answer questions and give general advice, but I don't think it should ever be used to push anything. Now, instead of ruining this discussion board, if you insist on continuing your line of thought, I suggest we take it to email.

petrfitz, "15 secs per word translation"

This proves what a fool you are and that you don't have any translators working for you. I could look up a word in less than 15 seconds. At the rate you claim "your" translators work, they would make less than $4,000 per year:

2080 hours in a work year
60 minutes in an hour
124,800 minutes in a work year
4 words per minute (15 seconds per word)
31,200 words per year
.12 per word
$3,744 per year.

I type very quickly (over 100 words a minute) and I don't need to look up many words. I routinely do 15,000 words in an 8-hour day, and recently my services have been much in demand and so I have been working 12 hours a day.

Also, when the work is rush (as it's been recently) I get a 30% rush premium.

I don't care if you believe me or not - OBVIOUSLY you have no knowledge of what I do. The day you can translate 4 different languages come talk to me. The day you hire your first translator, don't.

steve it sounds like you do really sloppy work and lie about your rates and income

"it sounds like you do really sloppy work and lie about your rates and income"

That's right, pertzitz: I work at your rate and make $4,000 a year.

LMAO.

This thread is STUPID and should be deleted.

Hopefully you translation is better than your math: should have been 124,800x4 not 124,800/4...

right you are corlearsh!

So it's 16,000 a year, not 4.

"I'm pretty sure they were in Tompkins Square Park and the EV at least a year ago (still are?)"

Oh yes.

Actually you are wrong again $59,904 a year but still a lot less than the $600,000 you claim to make a year being a typist.

corlearshook
43 minutes ago
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Hopefully you translation is better than your math: should have been 124,800x4 not 124,800/4...
-
Steve is a former auditor and worked at Bank of America. Bank of America didn't listen to him, and that is part of the problems that they are still facing today.

mutombonyc
about 1 hour ago
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This thread is STUPID and should be deleted.

Why, what is your vested interest in Williamsburg that you are afraid of being shown here?

NYC is becoming a place where only the very rich can live and afford the taxes, and where the "tax exempt" hobos can live.

trisexual,

As bjw2103 stated "Right, the NY Daily News interviews one dude and suddenly there's an "invasion"!"

"NYC is becoming a place where only the very rich can live and afford the taxes, and where the "tax exempt" hobos can live."

I agree with your statement but this thread does not have anything to do with your statement :o).

FAIR?

"but still a lot less than the $600,000"

I never claimed to make that translating.

What would the defense contracter say if it knew you'r personal lifestyle, upbringing, politics, how loose lipped you are, that you culdn't pass a polygraph, and you'r attention to detail?

"I never claimed to make that translating."

"Don't know - too busy making $2,500 a day typing."

2500x5= $12,500

12,500x4= $50,000

50,000x12= $600,000

"So you are capable of working 87 hours in a 24 hour period? or are you a complete liar?"

What's so unusual about that? Lawyers bill 3,000 hours per year to clients, right?
But not including the time they're just a the water cooler, or going to the bathroom,
or doing something that can't be billed to a client, and not including the time that
someone's red pen decides to delete from the bill. Sure......

"Don't know - too busy making $2,500 a day typing."

That's not a very good rate steve. I understand now why you rent with crackwhores in Chelsea.

Poor bjw2103. Back on his heels as Williamsburg crashes and burns. He's kind of beginning to sound like LICC.

LICC and bjw2103 - two guys on sinking ships who are trying to coax people on shore to come on board. Problem is, we on the shore can see what you can't see, that you're already half sunk.

Did I say I worked every day, corlearshook?

No.

I make about half that.

You're right, JuiceMan - I should have become a dentist!

Poor beatyerputz. Has to come onto anonymous internet message boards to try to belittle people. He's kind of beginning to sound like petrfitz.

petrfitz and beatyerputz - two guys clearly on something who can't read (I'm trying to "coax" people??) and are obviously bored. Problem is, I (don't believe in the royal we or whatever group it is you think you speak for) can see what you can't see, that you're putzes.

i've long thought that the broken ground, uncompleted lots in billyberg were going to be an issue - crime, vagrancy, eyesore, etc. but i certainly don't think it's going to be chock full of "heroin hobos" and "machete wars." bberg has come a long way and while this downturn will certainly stall things for a year or two, but do any of you remember what those unfinished new condo lots replaced?? i'll give you a hint, they weren't pristine tree-lined brownstone streets.

Special k what about all the unbuilt capacity? All those 3-4 story buildings can be ripped down and 10-15 story condos can replace them. I figure there's about 30 years of unbuilt capacity. How do u factor that into home prices and the b burg market?

petrfitz, i'm not debating whether home prices there will fall or not. i'm talking about a whether i think there will be a significant decline in the quality of life there. sure, there's unbuilt capacity but as far as i'm concerned, the continued build out of that capacity (once economy recovers) will only lead to the further gentrification of the area.

Gentrification of morons who are making the worst possible RE investment in NYC

Special_K, exactly. It was very clear there was going to be a lot of inventory to deal with, and that more than anything gave me pause before I made the move. But people who are talking about "heroin hobos", "machete wars", and "sinking ships" are really just here to try to instigate.

petrfitz, where do you see all these 10-15-story condos? There's a handful, sure, but the vast majority are 4-6. Do you really know this little about the neighborhood you talk about all the time?

yes i know the neighborhood well. One of the companies that I own have an office in W Burg and I am there often for Board meetings.

My comment was based on what can be built - 10-15 story buildings. That is called unbuilt capacity.

There is probably more unbuilt capacity in W Burg than any other neighborhood in Manhattan or Brooklyn. All those old warehouses can be ripped down and rebuilt higher, most of the wood frames can be ripped down and built higher. There is more supply in W Burg than demand for the next 30-40 years (if construction continued consistently)

Almost ALL the condos going up along the waterfront (next to that trash filled "park") are all 10 stories.

"One of the companies that I own have an office in W Burg and I am there often for Board meetings."

Yawn.

"You're right, JuiceMan - I should have become a dentist!"

Hey there....no reason for an anti-dentite post.

"One of the companies that I own have an office in W Burg and I am there often for Board meetings."

Where exactly? Williamsburg is huge.

"My comment was based on what can be built - 10-15 story buildings. That is called unbuilt capacity."

I'm sorry, you're talking about imaginary buildings? First, aside from the waterfront, no one can build that high at this point anyway. Second, it's pretty ridiculous to even consider construction that hasn't even been thought of yet.

"aside from the waterfront, no one can build that high at this point anyway" - absolutely wrong. no restrictions of air rights compilations, little or no historic protections, tons of capacity on existing structures that are currently built underzoned.

"it's pretty ridiculous to even consider construction that hasn't even been thought of yet" - how moronic is this statement??? that is the absolutely first thing you need to consider. It is basic supply and demand. Why would anyone buy your 5 or 10 year old condo in a neighborhood where 100's of new ones are coming on to the market, and 1000's more could come onto the market?

my offices are in the north 5-9th streets right near the horrible crappy condos that are being built and not sold.

"absolutely wrong. no restrictions of air rights compilations, little or no historic protections, tons of capacity on existing structures that are currently built underzoned."

You clearly don't know about the rezoning. Especially if your "offices" really are between North 5th and North 9th - that rezoning took place in 2005! And there is historic protection - Fillmore Place is about to landmarked, something the LES doesn't have at all.

"how moronic is this statement??? that is the absolutely first thing you need to consider. It is basic supply and demand. Why would anyone buy your 5 or 10 year old condo in a neighborhood where 100's of new ones are coming on to the market, and 1000's more could come onto the market?"

petrfitz, by your logic, why buy ever? They could always build more housing everywhere. What a joke.

"They could always build more housing everywhere. What a joke." no you moron they can only build housing in areas that has unbuilt capacity. There is the most unbuilt capacity in Williamsburg.

The recent 197a rezoning of the East Village/LES just cut capacity by more than half to under what is currently built. Williamsburg as a whole has tremendous amounts of unbuilt capacity - more so than almost anywhere else in the city.

Now you are just lying and trying to defend a horrible investment in the epicenter of the housing crisis surrounded by heroin hobos and machete gang warfare.

Ok buddy, so your argument is that there's a whole mess of empty lots just sitting around? Because that's a pretty gross exaggeration. Seriously, if you want to continue this ridiculous conversation, I'd rather do it over email than clutter up this board anymore. What do you say?

bjw 4 hours ago: "Poor beatyerputz. Has to come onto anonymous internet message boards to try to belittle people."

bjw yesterday: "you're too much of a knucklehead to be worth my time here"

Consistency is the mark of excellence . . .

tanker, as I said before, you're either painfully unaware of petrfitz or you ARE him. I'm starting to guess it's the latter. Either way, don't know why you feel the need to follow me around and report on things I post - it's pretty creepy.

Fitz: If you never intend to sell and you buy a place for less than you'd pay to rent, how could your RE invetment be a complete loss even in the worst-case scenario? At worst, you'd have lost opportunity costs on your downpayment and closing fees, but as long as your eventual sales price is higher than those, you're golden.

bjw - So sorry you are embarrassed by your own words. But rest assured, I am me, and only me.

tanker, who said I was embarrassed? Your posts are incredibly smug but based on nothing - I mean, you like to cut and paste tiny parts of phrases in my posts, completely out of context, and use that as a sort of "report" on my consistency? What a joke.

I see, bjw, so you only call people "knucklehead" in context?

Yes, in the context of speaking to petrfitz, who clearly has no aspirations of civility when he incessantly calls people "morons." Knucklehead seems pretty restrained actually, but I didn't know it would offend you so much.