there actually is a chance that, rather than lying to us, all these GOP morons have in fact been bamboozled by a staffer using an AI rendering of Mitch McConnell's voice. which is what I'm hoping for because it's way funnier.
Please remember that ALL NYC libraries are cooling centers. If you happen to be near one and are burning up, just go inside and take a seat. The AC is booming. You might even find a cool book 😉
This practice of asking New Yorkers to set their AC to 78 degrees dates back to Dear Communist Leader Mayor Rudolph W. Giuliani
https://t.co/FTjsobgGsG
“Working class” does not mean blue collar. Working class means anyone whose primary income is earned through wage labor. A college professor, surgeon, barista and electrician are all equally working class. College degrees don’t make anyone “elite”. Being a billionaire does.
The Blackstone Group is the largest private owner of rent-stabilized apartments in New York City, not small mom and pop landlords.
Valued at $137 billion (not including the $1.3 trillion in assets they control), Blackstone is headed by Stephen A. Schwarzman, whose total yearly compensation exceeds $1 billion.
The idea of the "mom and pop" landlord being priced out of business because of a rent freeze is a myth. Small independent landlords (owning 10 or fewer units) make up only 1.2% of the ownership of rent-stabilized units. Meanwhile large corporations own 87% of those units, with mega corporations like Blackstone Group (owning 1000 or more units) controlling 56% of the market.
Mega corporations like Blackstone are pushing the myth of the small independent landlord to hide the fact that they and other mega corporations control the vast majority of NYC rentals.
And honestly, fuck them.
i wont dignify anything a landlord says about being financially pressed unless they post a linked pdf that details all their rent income, utilities, taxes, repair and other costs for the last tax year in their exact dollar amount along with their bank statement and tax filing
No one is compelled to become a landlord; but millions of New Yorkers are compelled to be tenants. So when weighing up the trade-offs, the only question that should be relevant is what's best for tenants. Investors should invest in some other sector if they don't like the rules.
NEW: The morning after the socialists swept, the establishment had its excuse ready: Claire Valdez and Darializa Avila Chevalier only won because of gentrification.
It was a convenient narrative.
It is also false. And we can prove it:
https://t.co/IKhIno0fJx
Landlords in NYC received 878,000 code violations last year alone, almost s third of which were for immediately hazardous violations including lead-based paint, lack of heat in winter and lack of hot water.
These landlords didn't violate the codes because they had no money to do maintenance or repairs. In 2024 (the last year that statistics are available) rent-stablized landlords saw a net profitability increase of 6.2%. In other words they're not hurting for money.
Anyone whining about a 2 year rent-freeze on rent stabilized apartments is doing so from a place of profound ignorance and an obvious contempt for the working class.
In any other sector those would be called operating costs, and if a business owner couldn’t make more than they’re spending they would simply be a bad business owner.
i love that half the argument against rent control begins with wanting me to accept that my landlord apparently does repairs on my apartment. like lmao no he doesnt.
All of the "won't anyone think about the poor landlords???" discourse, of which this tweet is perhaps the most ridiculous example, seems to skip over two fundamental facts about landlordism: it is both inherently risky and completely voluntary