There will be a press conference by the Willets Point Defense Committee; the committee is made up of small businesses and workers from the Willets Point area. There will also be other community leaders and elected officials in attendance.On November 13th, after a year of living under the threat of being evicted and losing our jobs, the NYC Council will vote on the development project at Willets Point. During this time the Mayor and EDC have systematically denied over 1700 victims a chance to be properly relocated.
There will be an investment of over a billion dollars of city funds in this redevelopment project which will benefit the big developers directly and not the victims who are being cruelly evicted.
Date: Monday, November 10th, 2008
Time: 1:00 PM
Location: 126th Street and 37th Avenue in Willets Point
(front of the new Shea Stadium)
And in other WP news, 2 more deals were struck (but no one seems to know with whom), and a tester hired by the city all of a sudden now has environmental data from private property which shows "widespread contamination" - a nice tactic used to devalue remaining land and "prove blight".
41 comments:
like how you bury the significant deal negotiated with TWO MORE land owners for significant acreage
Details of the deal were released and the City paid TEN TIMES assessed value.
WHOAA>> Cue the fat lady.
I didn't bury it. It's right there under the press release.
Why did the city pay 10 times the assessed value if the land is so contaminated?
NYC sure knows how to waste our money, don't they? But there's no money for schools, hospitals, police, fire dept, etc.
This money would be so much better spent on mass transit than to shoehorn thousands more people onto a peninsula in Queens.
"the significant deal negotiated with TWO MORE land owners for significant acreage"
And with that, the city still owns less than a third of the private land! Wow, what progress!
One sentence UNDER a meaningless press release announcing a press conference by an opposition group is burying.
So much for your "sources" who claim the city isnt cutting good deals.
You really missed the point. The sources said the city is devaluing the land for eminent domain purposes. Saying it's contaminated does just that.
read the FIRST LINE of crapper's supposed "scoop" from his "informed sources"
A source has informed the Crapster that the City, in its attempts to drive down prices (for possible eminent domain purposes) is giving away its land at cheap rates and paying landowners less for their land in order to show a smaller purchase price.
Crappy's "sources" are proven dead wrong with the current deal details. How is paying 10 times estimated value "devaluing"???
crapper said:
Why did the city pay 10 times the assessed value if the land is so contaminated?
Why did you claim the city is paying under value on the land and giving away their own land to make up the difference and reduce value when they are not?
Because these are people who are being bought out and not land swapped.
Assessed value is always lower than actual value. You must think we are stupid.
The New York City Economic Development Corporation says Sunday it acquired the land for $3.5 million – nearly 10 times the estimated value.
SPIN THAT
Who estimated the value?
Considering that an acre and a half in an industrial business zone is on the market for $10 million, it seems these owners got gypped by the city.
obviously not your "inside sources"
REAL informed sources disagree
from NYPost
The BRD deal was "pretty good" for the seller, said Steve Spinola, president of the Real Estate Board of New York, noting that the price of $161 per square foot exceeded the $100 to $150 average in the outer boroughs.
Yes, I would trust a lobbyist who does business with the city on a regular basis. Also notice he said it was okay, not "great". And who are the mysterious sellers?
this is REAL NEWS here people.
Not four paragraphs of fluffy WPDC press releases about press conferences
Contamination levels 500 times higher than the allowable limit. PCBs, Mercury, Benzine, Lead
All your status quo hypocrites should sent your kids down there for summer jobs.
These EDC tweeders have to be kidding. $3.5M/4 acres = $875,000 per acre. That is VASTLY below what commercial land goes for in this city.
More desperate spin, courtesy of the EDC.
So Crappy's source was right - they are devaluing the land by making cheap deals in order to take the remaining land cheaply through eminent domain. Let's not forget that developed land also adds value over and above the price of the land itself.
the Post has a more thorough accounting of the money and the deal
http://www.nypost.com/seven/11092008/news/regionalnews/city_pays_through_nose_at_willets_pt__137876.htm
of course you wont see crappy post that article as it runs counter to his "informed sources" and doesn't support his agenda.
way to keep everyone informed Crappy.
At least we got 4 paragraphs on the Workers Press Conference today
ROTFLMAO
Hmm...NY1 says it was 4 acres bought for $3.5 million and the Post says it was 1/2 an acre of land. Who is correct? I guess when you're the EDC, it doesn't matter.
They sent me that press release over the weekend, and it was scheduled to be posted today. Laugh all you want, but you're the only one who comes here and giggles with glee over people's livelihood being taken away. If I didn't post about this, no one would. As for you saying I am glossing over the land deal and the contamination, I posted links to your precious mainstream media reports, like I do in every other post, so people can read and decide for themselves. The fact remains that more than 2/3 of the property is still privately owned and that the contamination was suspiciously revealed only days before the vote.
Actually, now that I go back and read the articles again, the "paying through the nose" was $3.5 million for 1/2 acre back on October 2nd. There is another yet-to-be-announced deal for 4 acres at the same price which is supposedly going to be released today. Which means the city is paying less for land now. Looks like my source, who is an affected landowner in negotiations with the city, is 100% right about their tactics.
Congratulations Crappy on uncovering this major tweeding. Did you notice that over the past few months, the same neurotic asshole has come to this site and badmouthed every landowner at WP but when they make a deal, they are called "smart businessmen." I am so sick of the Bloomberg administration trying to hoodwink these people. In this economy, we can't afford to lose any more businesses or jobs. This is just stupid.
I really feel sorry for these guys who work there and will now probably not be able to put food on the table. I hope Bloomberg gets thrown out on his ass next year. Would be a fitting legacy.
Benzine, a toxic chemical found in gasoline, was detected at levels "more than 500 times the allowable limit for drinking water," McCarty said.
Interesting report. When did we start using city groundwater for drinking? (And it's spelled "benzene")
or Maybe NY1 got the numbers wrong.
Why doesn't the city condemn this and make luxury condos?
Meeker Plume
Closer to the city, on the waterfront, view of bridge, not near an airport, a better place for luxury condos and a registered superfund site.
Other reports back up the NY1 report.
Crapper just keeps embarrassing himself with his opposition to the Willets Point clean-up. Your latest "this is affecting the workers" nonsense is laughable. These workers will get re-training to help develop skills for better jobs than the ones offered at the current WP businesses, or they can relocate with the businesses. What about all the new jobs that will be created after this WP mess is cleaned up and many new businesses locate there?
That land around there is p.o.s.
let those mechanics and junk yard guys have a place to work.
I mean seriously what will all these people do?
crappy they didn't pay 10x what its worth 1st of all biordi had 15,000 sq feet not a 1/2 an acre so the spin continues. they paid biordi 200$ sq foot and thats for empty land but when people have fixtures and permits that are attached to the land the price is the same 200-210 a foot. now remember its highest(2x) and best use so that is really 100x2=200 .so the city is hardly paying thru the nose ,if anything they are giving people bloody noses from the pressures of this whole thing. people are signing just to have a backup option incase the council votes it thru, but they don't realise you will get the same deal in eminent domain ( the city has to pay you the highest of their appraisals ) and according to all the spinsters the city can't pay above the highest appraisal (their appraisal not ours) so any deal they offer can also be had in eminent domain , so how is that paying thru the nose why thats the appraised value and by law they can't pay more .so leave it to the city to spin it like its never been spun.
crappy your the best and i for one know the edc monitors and trys to influance the people on this site. if it didn't hit their nerve and they weren't worried about getting the vote they wouldn't care. they never had to work so hard before in their lives . great work crappy
Details of the deal were released and the City paid TEN TIMES assessed value.
WHOAA>> Cue the fat lady ---- it was not 10x idiot it was what it was appraised at . by law the city can't pay above their appraised price-- everyone knows thats a law-- this is where the city becomes creative and gives prople their land for cheap while lowering the price on the peoples land they knock off 2 birds at once. 1) get a business to sign because he is getting more in value even thou his contract on his property is valued at 1/2 (2) they mix in some lower prices to lower the averages so in court it betters their case. so what crappy says makes sence why then do you think the city spun they paid 10x the appraised value? was it 10x the real value? no it was not it was what it was appraised at by the 2 city hired appraisal company's who were told to come in at a low price. lets get real here the city is worried
Why did the city pay 10 times the assessed value if the land is so contaminated?
THIS IS BULLSHIT THE CITY WOULD NEVER PAY 10X THERE BROKE ITS ANOTHER CITY OF N,Y,LIE
"What about all the new jobs that will be created after this WP mess is cleaned up and many new businesses locate there?"
We need the jobs now, numbnuts. And the minimum wage jobs cleaning hotels pale in comparison to automotive and manufacturing pay.
even & mr edc are very upset or maybe is it tdc
Those 3 are all in this together. Mark my words.
BRING IN THE FEDS!!!
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