Stuyvesant Town-Peter Cooper Village Tenants Association

Stuyvesant Town-Peter Cooper Village Tenants Association


Tuesday, February 21, 2012

Video Series to Answer Community Questions on Tenant-Led ST/PCV Conversion Plan

The Stuyvesant Town -Peter Cooper Village Tenants Association has released the first in a series of “Conversion Q&A” web videos that will answer frequently asked questions about the proposed tenant-led, non-eviction conversion plan.  The first video, featuring Tenants Association Executive Vice President Susan Steinberg, can be viewed at http://protectstpcv.org/facts.

“We know that the prospect of developing a tenant-led proposal is a complicated undertaking, and residents rightly have questions,” said Al Doyle, President of the Tenants Association.  “These videos are yet another way of letting tenants learn more about what is driving our proposal to gain control of our community’s future and to get answers to the questions that are most on their minds.”

Like the series of house meetings to be held throughout the community, announced last week, the video series also aims to share information and answer residents’ questions about the Tenant Association’s plan, in partnership with Brookfield Asset Management, to bid for the property.  The Association initiated a dialogue with residents about their efforts to develop a bid for the property with a community meeting at Mason Hall of Baruch College, followed by a telephone Town Hall in which several thousand residents participated. The house meetings are designed to offer another venue for residents to give their input as the plan is being developed.
In the first episode of “Conversion Q&A,” Ms. Steinberg addresses questions such as “Why did the Tenants Association choose condo over co-op?” and explains the rights of rent-stabilized tenants who plan to continue to rent after a conversion.  The session with Ms. Steinberg can be viewed in its entirety or viewers can skip to see the answers only to questions that interest them.  Future installments in the series will continue to feature TA Board members and their advisors.

The Tenants Association is partnering with Brookfield to develop a bid that would protect current residents and permanently maintain the middle class character of the community.  The proposal would give residents the option to buy at reasonable rates while offering protection from harassment or eviction to those who prefer to remain as rent stabilized tenants.  It would also improve maintenance and upkeep throughout the community, preserve existing open spaces, and explore avenues of public support to create a set of permanently affordable rental units.

Watch for “Conversion Q&A: Your Most Pressing Questions Answered” web videos premiering this week, with new episodes featured regularly at protectstpcv.org

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Next entry: ST/PCV Tenants Association and CWCapital Negotiate Settlement of MCI Orders, Saving Tenants Money Previous entry: Frequently Asked Questions About Foreclosure, Restructuring and Conversions

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