Quinn: Unsold Condos Would Make Great Middle-Class Housing

This is scary.

oh my goodness, this is the scarriest thing I have ever heard from a politician! If you paid $2.5 million for a luxury condo, are yu going to have to live next to some welfare person with 5 kids? And where is the city going to come up with the money to buy these condos? Does the stimulus plan provide the money?

its called the liberalization of NY. This place has had too many Republicans running it for too long. Its payback time. Also, it is so unfair that one family should be able to spend $2.5mm for housing anyway.

Republicans? LIke who? Bloomberg? Paterson? Silver? Schumer? Where are the Republicans you speak of?

And it is not unfair for someone to be able to afford $2.5 million for a condo. As long as they made the moeny legally, they have the right to pay as much as they want to.

The market is headed towards these becoming affordable for the middle class as it is. Let's not get the City involved.

Its all part of the master plan. How is it possible that some could have so much more than others, we are all God's children. You want to penalize one because of their chance of birth, limited educational opportunities, or for just not being very motivated. Keep renting, if you own, sell, at any price!....The anger and sense of payback is palpable, did you happen to catch any of the hearings in Washington the last few days. The inmates are running amok!

Of course this proposal is going to go nowhere -- Quinn's just trying to score points with the voting public. She doesn't have pores, so she has to roll around in mud to cool off.

sorry alpine: just funnin wit ya! I figured if happy didn't chime in, somebody had to take the Maxine Waters side of the argument. Just tryin to represent

No matter what your political leanings, it's best not to channel Maxine. Or Barney.

how frightening.

We need more conservative/libertarian candidates for city & state gov. If you know any such person who is interested in politics, please encourage them to run for office. We need to stem the tide of socialism & defend 5th Amendment Private Property rights.

alpine292, I know you've shown a propensity for being less than stellar on reading comprehension and grammar, so I guess I'll let your comment on welfare slide.

Quinn said the MIDDLE CLASS, not the POOR. Middle class are not on welfare. They are the ones that work for a living, usually have good jobs that don't pay excessively, such as teachers, cops, firefighters, managers at grocery stores, middle line managers, etc. Imagine having to be a neighbor with one of those?

This is a great idea. There are plenty of housing options for the poor and welfare dependent people in NYC, plenty of housing options for the working poor, but very limited housing options for the middle class. Chances are, most of you are middle class.

To appeal to the MIDDLE CLASS, a mortgage payment would drop from $10,000 a month to maybe $6,000 a month.

I applaud Quinn's insight and forward thinking. Finally, a politican that includes the middle class in a government program. Most government subsidies are catered for the polar opposites, extreme wealth or extreme poor.

"The market is headed towards these becoming affordable for the middle class as it is. Let's not get the City involved."

Except the developers would have to declare bankruptcy first. Which would not benefit the owners of the other units, either. And I don't believe there is a vast social gulf between those who can afford $10K a month and those who can afford $6K (I can afford neither). Whatever you may think of Quinn, I do believe there is a role for the city government in helping to craft the best possible outcome for the community.

If the buildings were to convert to accommodate additional "middle class" housing, there could be other benefits for current owners. The developers could argue for an extension of tax abatements, for example.

In my personal interactions with professional white lesbians, they often talk a lot about these egaliatian issues but they themselves typically live pretty segregated lives--by class, race/ethnicity, etc.

I'd love to see Quinn practice what she preaches. Rosie O'Donnell kept on saying she didn't see color at all and all races were the same to her--until she began "paying premium" to adopt White babies. Let's see how Quinn herself might feel about letting the "less wealthy" into her own bldg.!

> its called the liberalization of NY. This place has had too many Republicans running it for too long

Huh? We've had a democratic city council in the pockets of the unions, well, FOREVER.
State legislature, Democratic for some time.

I have a feeling this is just going to screw the WB and LIC markets even more...

Chubby lamebrained political favor driven carpet munching acedemic cheating idea machine!
How did we ever get by without her.
So bad we miss Gifford Miller...that's how bad.

Maybe this could lead to the Guidoization of Williamsburg and LIC.

I'd like to see WB with a Guido population to balance out the Hipsters. Picture it, teamsters, firefighters, meatheads all taking over the pool at The EDGE, turning the restaurant at Northside Piers into a strip club and knocking over skinny hipsters on bikes. Awesome.

WB with a guido pop!
FOGETABOUTIT!
Where do I sign?

$6,000 a month mortgage is NOT middle class.

I've seen this movie before. In the 60's lots of people moved to NYC for the jobs (in all those fancy new skyscrapers) and the exciting counter-culture vibe, nightlife. Perfect for young professionals. In the 70's NYC almost went bankrupt, living in the city started to really suck (re: Al Pacino "Panic in Needle Park" , Riverside Park that is, and "Death Wish"). Suddenly all those 60's transplants moved to the suburbs (re: Neil Simon's "The Prisoner of 2nd Avenue"). Lots of 3 and 4 BR apts were chopped up into studios and 1 BRs. When those couldn't sell/rent, the city turned them into SROs. That takes us to the 80's and 90's when the city started to re-gentrify and the SROs were converted back into "luxury units" tenants were sent off to Queens and Brooklyn. Looks like the cycle maybe starting all over again.

NYC needs an administration with a STRONG grasp on reality. The only person I know who can afford 6K a month is bjw2103.

I've been telling SE the new high society condos will be mitchell lamas and projects only bjw2103 believed me.

Christine Quinn - that is outright stupid.

Sadly this shows many politicians do not get even the basics of mkt economy, .. or they are just uneducated (never took econ 101 classes)..

I hope the street easy crowd will email Quinn directly and let her know how you feel about this absolutely horrific concept.