Tuesday, September 21, 2021

Eric Adams's hotels reset


 

 Bloomberg

Eric Adams, the Democratic nominee for New York City mayor, called for tens of thousands of shuttered hotel rooms to be turned into housing to ease the city’s housing insecurity.

Adams, speaking at a campaign event on Monday, said the city has a chance to reverse years of bad planning and convert hotels that have become eyesores. The Brooklyn borough president and former cop said he was looking to turn 25,000 rooms into housing, adding that the city should foot much of the bill.

“The combination of Covid-19, the economic downturn, and the problems we're having with housing is presenting us with a once in a lifetime opportunity,” Adams said in remarks outside of the Phoenix Hotel, a vacant property in Brooklyn’s Sunset Park neighborhood. “We can use this moment and find one solution to solve a multitude of problems.”

Adams echoed other recent initiatives to bolster housing security across the U.S. Earlier Monday, Bloomberg CityLab reported that the White House is launching a new national initiative, “House America,” to combat rising homelessness. In August, then-New York Gov. Andrew Cuomo signed a bill that would finance the purchase of distressed hotels and commercial office properties by nonprofits to convert them into affordable housing.

The need for such housing remains urgent in New York City, where more than 45,000 people were being housed in city shelters at last count, and thousands more are grappling with unsheltered homelessness.

The new state law would address, at best, a small slice of Adams’ target of 25,000 units. It sets aside $100 million to help finance building purchases, splitting units evenly between low-income households and people experiencing homelessness. But converting hotels is pricey in New York City. Manhattan hotels sold at a median price of $275,000 per unit in the fourth quarter of 2020, according to data from PWC’s Manhattan Lodging Index. The 100-room Z NYC Hotel in Long Island City, a Queens neighborhood, sold for $384,000 a room in May.

22 comments:

Anonymous said...

He's doing what his handlers are telling him to do.

Anonymous said...

Well now everyone views America as the equivalent of the world’s biggest motel.
Prove me wrong...

Anonymous said...

"Are you an American citizen?"
"No, but the New York Sheeple taxpayer did pay for me to stay at a Holiday Inn Express last night."

Anonymous said...

Leftists don't like successful economies.

Anonymous said...

"We can use this moment and find one solution to solve a multitude of problems.”

And create a multitude of brand new problems.

Anonymous said...

Between him and Hochul our future looks dim !
LAY DOWN AND ACCEPT FASCISM LOSERS

Anonymous said...

Sheeple please, Useless eaters need a free place to shelter on your dime !

Anonymous said...

Where is Adams hiding ? Dose he reside in a New Jersey ?

Anonymous said...

@"LAY DOWN AND ACCEPT FASCISM LOSERS"

No, we dumped Fascism last November.

Anonymous said...

"No, we dumped Fascism last November."

Lol!! Nerp nerp nerp. The NPC repeats what it's told. It's genuinely astonishing that someone could be this stupid, but there you are!

Anonymous said...

https://www.youtube.com/watch?v=m5cXl1-qKMo

Haitians from Texas etc will soon be filling them. Be interesting to hear the response from Queens Bridge, Ravenswood, and the 'Bishop'. Understand there are at least 332 women pregnant with anchor babies and 6,728 family units.

Hope the Vallonians who automatically vote Democratic will take note. The Greek and Italian 'eateries' will have to change their menus soon for that Democratic Party they so mindlessly follow in lockstep.

Come to think of it, can any figure out what AOC has done for the nabe?

Anonymous said...

"No, we dumped Fascism last November"
Wake up brother you are being brainwashed !
#1 enemy is Sheeple who do not know anything.

Anonymous said...

"No, we dumped Fascism last November"
And Elvis is still alive...

Kweenz bloze said...

"We dumped fascism last November"
No, jackass both "sides" are fascist fuckballs. Pick up the damn clue phone

Anonymous said...

@“ And Elvis is still alive...”
And he is. He has a hair salon on Astoria Blvd.

Anonymous said...

@“ Wake up brother you are being brainwashed ! ”
You’ve been doing your best to brainwash us with nonsense. Sorry bozo, it doesn’t work. Try the Q-Anon crowd. They’ll believe anything.

Anonymous said...

@“ Wake up brother you are being brainwashed ! ”
You’ve been doing your best to brainwash us with nonsense. Sorry bozo, it doesn’t work. Try the Q-Anon crowd. They’ll believe anything.

Anonymous said...

@“ It's genuinely astonishing that someone could be this stupid, but there you are!”

So says Bozo with an IQ of 4

Anonymous said...

I hope the Democrats pick a good candidate to run against this guy.

Anonymous said...

Come one,come all.New Yprk is the only place that gives shelter to all without residency requirements.

Anonymous said...

Once again the conversations here sound like an elementary school a sure sign that hipsters are present.

Does anyone care what happens to the community? We all do not expect to live the rest of our lives in our parent's attic like the typical hipster. There must be adults somewhere here that can think in terms that go beyond name-calling.

Anonymous said...

Trools shit posting here sucks !

"Well, you may throw your rock, hide your hand,
Working in the dark against your fellow man.
But as sure as God made black & white,
What is done in the dark,
Will be brought to the light."
-Johnny Cash