Small Town Confidential, Nov. 29, 2018, Vol. 1, No. 2

Page 1

Commentary on happenings relating to greater Sunnyside Woodside from the unconcealed POV of the writers. Agree or disagree? Send comments to SmallTownComment@ gmail.com Volume 1, Number 2

Going Silver

Thursday, November 29, 2018

Bigger Bubble Blues

FREE

Governor and Mayor’s Backroom Deal Drops Bombshell on Already Inflated Market Amazon or No Amazon, Queens Needs the Small Business Jobs Survival Act and the American Dream

Get off the Sauce Op Ed by Patricia Dorfman DO YOU, MAYOR DeBlasio, go to work on foot or bike each day? Once a week? Do all of your older relatives ride bikes? Do you, Congresswoman OcasioCortez take a bike to work? Did you, Councilman Van Bramer turn in your free car and permit? As you worked together on Amazon, Governor Cuomo, work with the Mayor to fix the MTA, or scrap the limousines.

Op Ed by David Eisenbach Real estate speculation - not chain stores or gentrification is the cause of high rent blight. Today even chain stores are losing their leases. For 400 years - since the days when we were a Dutch colony called New Amsterdam - New York has been built on one simple transaction between landlords and tenants - THE RENT. A landlord has a space and a tenant pays to use it for a period of time. It didn’t matter where the tenants came from or what language they spoke or what food they served, the only question was if you could pay the rent. As a result, New York became the greatest marketplace on earth. Continued, page 2

by Berk Koca Soaring rents. Seven figures for a 17 by 25-foot single-family house. Struggling small businesses. That defines the new economic reality of Sunnyside-Woodside, if nothing impedes this deal, the largest in New York City City history, of Amazon’s arrival in Long Island City.

TO WORK, YOU ALL NEED privacy, security, and speed. If you want to move us away from carbon, fix transit, forget tyrannical law passing, provide incremental steps, and listen to the people paying the bills.

What was once a relatively unknown industrial and working class area will become an extension of Manhattan. LIC has been the fastest growing neighborhood in the country, and while it was still expanding, Sunnyside-Woodside was thought to be slowing down.

WE GET IT: Most of us who support getting our streets back understand the desirability of lowered For months, many in Western Queens had been comforting themselves with the common carbon use, cycling, and rewisdom that the rising cost of living was unsustainable, and a major bubble had to burst duction of private cars for a sooner or later. What goes up must eventually come down; the longest boom in property healthier, safer, and cheaper prices here would end as all others have in the past. Rental units that had been taken in a future. We like bikes.

week, now sat for a few months. Prices had stabilized, signaling a downturn. Continued, page 5

Continued, page 2

12/1 Skillman Winter Fest 4-8PM, Tree Lighting/Santa 6PM !


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