The Real Deal New York

Category: Christine Quinn

  • Christine Quinn

    Mayoral candidate Christine Quinn’s affordable housing plan was bound to face criticism. But her plan is especially susceptible since it prominently features a tax subsidy twice proposed and rejected by the Bloomberg administration as unacceptably generous to the real estate industry, according to the New York Times. Aides to Quinn acknowledged the similarities to the previous affordable housing plans and that the idea had come from the city’s real estate industry — who have been some of Quinn’s biggest campaign donors. However they also said that Quinn had altered the plan in significant ways. … [more]

  • From left: Joseph Moinian and Gary LaBarbera

    A report card commissioned by a new union advocacy organization that gave the Moinian Group’s operations an “F” has several flaws and seems to unsystematically target the developer for its penchant for hiring nonunion workers. In its report, Build up NYC, a coalition of labor groups including 32BJ SEIU, the Hotel Trades Union, and the Building and Construction Trades Council of Greater New York, excoriated the Moinian Group for a laundry list of alleged failings at its buildings, as well as a poor record of worker relations. … [more]

  • Christine Quinn

    City Council Speaker Christine Quinn today in her State of the City address vowed to construct 40,000 affordable housing units for the middle class over the next 10 years, DNAinfo reported. “We face an affordability crisis in our city,” Quinn said. “We need to make sure that the people who want to stay in our great city can afford to stay.” Quinn’s definition of “middle class,” at least when it comes to housing development, is unclear. According to her Middle Class Squeeze report, issued today, it lies “between 100 percent and 300 percent of area median income.” [more]

  • Stuyvesant Town

    Thousands of residents in Stuyvesant Town and Peter Cooper Village are flummoxed by a lease clause that allows their landlords to hike their rent in the middle of their lease, the Wall Street Journal reported. Roughly 40 percent of the 11,200-unit complex could see rents rise as much as $1500 due to the clause, which was the result of a previous lawsuit tenants brought against a consortium of investors led by Tishman Speyer and Metlife, and against landlord CWCapital Asset Management. … [more]

  • Joseph Moinian and Speaker Christine Quinn

    A group of elected officials and union workers has given the Moinian Group a failing grade when it comes to the company’s landlord and development operations, the New York Observer reported. The so-called report card faults Moinian with failed relationships with tenants, vendors and workers, and the group is holding a rally today near City Hall to bring awareness to the issue. [more]

  • Chelsea Market deal forgets food vendors

    January 25, 2013 09:30AM

    Chelsea Market’s food concourse

    With the expansion of the Chelsea Market approved, some worry that the historic building’s food concourse will shrink or be removed, DNAinfo reported. Despite claims by City Council Speaker Christine Quinn that  it would be protected, Jamestown Properties — the building’s landlord — has no legal obligation to keep the concourse following the expansion.  [more]