can't believe what's happening in nyc ... sold out by corporate interests... sumit's got a history of neglecting buildings... how can we trust them now? tenants deserve better, this is just another example of profiteering at the expense of people's lives.
The whole thing is kinda shady if you ask me. I mean, a company like Summit buys up these apartments with millions of dollars and then just says they'll fix everything in six months? That's not exactly the most reassuring plan. And what about the connections between Levy and Pinnacle's CEO? It sounds like family ties might be playing a role here.
I also wonder if we're looking at this from the right angle. The fact that Mayor Mamdani tried to delay the sale but couldn't stop it raises questions about who really has power in these situations. And what does that say about our city's rent regulations? Are they even working for tenants or are they just a way for landlords like Levy to make more money?
It's not all doom and gloom, though! The Union of Pinnacle Tenants is definitely doing some great work organizing residents and pushing for change. And maybe, just maybe, this sale will prompt Summit to start taking care of their properties after all.
But one thing's for sure: thousands of people are about to face a huge increase in rent or maybe even have to leave their homes if they can't afford it anymore. That's not something we should be celebrating.
"An investment in knowledge pays the best interest."
It's mind-boggling how a company can be involved in buying properties with a history of neglecting buildings and still manage to get approved for the sale. The lack of transparency and accountability raises serious concerns about Summit's ability to run the portfolio properly. Tenants deserve better living conditions, not just empty promises.