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First group of residents move into Hunters Point South

Hunters-Point-South-building

May 19, 2015 By Jackie Strawbridge

The first group of residents moved into the 925-unit Hunters Point South development last week.

Thirty-one tenants moved in on Friday, May 15, according to Frank Monterisi, the senior vice president of Related. The remaining tenants will fill the development in waves as it is completed.

The first group have taken residence in the smaller of the two buildings—called Hunters Point South Crossing. That building is 32 stories tall and hosts 306 apartments.  Monterisi expects that building to be full by the end of summer.

Residents have yet to move into Hunters Point South Commons, the larger of the two buildings with 37 stories tall and 619 apartments. Residents are expected to move in this summer with the building fully tenanted by the end of the year.

 

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Jack

Thumbs down is inadequate for a creature like that guy. Probably has a picture of Dick Cheney on his wall. God help us all.

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J

And just to be clear for all those in this post who agree with “David” this is the same person who thinks its ok for a complete stranger to physically violate a woman on Jackson Avenue because it wastes resources and tax dollars to go to the police and report the assault and makes fun of a man who fell into a subway grating resulting in a traumatic brain injury.. You all are what’s wrong with this country!! Absolutely worthless negative poor excuses for human beings that will complain about anything that does not benefit them in some kind of way..

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David

No, J, I think it a waste of police resources to do much more than collect information on an incident where a women was slapped on the buttocks by a passing cyclist with no injury and I have little pity for a man who removed a safety grate to crawl into a subway vent and then injured himself. The former is a question of how to apply limited police resources appropriately to match the incident while the latter is not indulging someone who is clearly trying for a Darwin Award.

Please – I know things like facts and logic are challenging for you, but try to be somewhat correct when trying to misrepresent my posts.

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J

Feel free to read “David’s” other posts on topics in the hood and then tell me if you still feel good about piggy banking on a man with 1950s ideologies on women, race, politics the middle class etc… Your morals are what’s challenging for you and your kind.

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David

I guess when logic and facts fail, go for character assassination. I will try one more time here.

On the Jackson Avenue incident: what other crimes should the police not investigate in order to do anything beyond collect a report on this incident? No one was seriously injured, by the victim’s own admission. It was an incident of deplorable behavior, and the appropriate utilization of scarce police resources is to gather information in case the dirt bag resurfaces. To inflate this and suggest I support the jerk on the bike as you are is simply an attempt to distract from your losing argument on handouts.

On the subway incident: the guy was an idiot, plain and simple. He willfully removed a safety measure in place to stop him from doing what he did and then was surprised babout getting injured. Cause and effect must not have been his strength – his injury is the result of his own moronic behavior.

I am not sure about how you get to race and middle class. It may be some oversimplification of my argument about handouts, but you are not being clear. I guess anyone who doesn’t agree with you must be villain on every issue – sort of a charicature of everything you see wrong with the world.

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J

I can bet money that all of the people on these posts with something derogatory to say such as “freeloaders” “moochers” and the like are not even real NYers.. Suburbia talk and out of staters for sure lmao..

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J

The only thing that is disgusting are your hateful words. I am born and raised in Queens, NY and was interested to live in this neighborhood since 1996 as a teenager when Citilights was built. I worked very hard in the hopes that one day I would have an apartment overlooking the waterfront. I worked extremely hard for the apartment I own and did something that most people don’t do which is sacrifice and save. When the real estate market crashed in 2009 I realized that was my opportunity to invest in the neighborhood I had been wanting to be a part of for some years. That being said I need a larger apartment now that I have a family and I don’t think renting a 2 BR rent-stabilized apartment for $3300/month is quite frankly “stealing” anything from anyone. You can get a 2 BR apartment anywhere in Queens for much less than that, so this isn’t exactly a steal. So yes, thank you for the karma comment, the positivity in my life is all due to the positive karma I have put out into the world through hard work determination, resolve. Congrats to all those trying to do positive things for their life and families when there are so many judgmental “haters” around trying to bring you down.

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anonomus

J just take your handout and keep quiet. Stop gloating already!! I too am born and raised in LIC and Astoria. Doesn’t give me any more rights than a newbie! You and your family were once newbie out of towners too!

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J

You make no sense.. It’s not gloating at all, it’s making a point regrading “David” bad mouthing people calling them freeloaders when he is a freeloader himself. A tax break is a tax break no matter what you call it! You know what though at least he has an opinion it may be warped but it’s a solid opinion. You on the other hand piggy back on his comments as his cheerleader without any substance or intelligence. SMH..Pathetic!

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David

I am not badmouthing anyone. I am simply pointing out a fact supported by a logical argument. Your arguments seem to range from poorly considered logic (I lived here so I deserve a handout) through sweeping absolutist statements (any benefit from the government is equivalent) right up to insults and threats of violence. While I do give you credit for avoiding the sophomoric vitriol spewed by Karma, your endorsement of it if also disappointing and not any different from what you accuse SMH of doing.

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anonomus

Oh please J………..it is you who is not making sense. 421A is a tax break. Rent stabilization is not. Here’s a thought…………Why don’t you sell your condo you’ve outgrown and buy a new one???? wouldn’t that make sense?? Then leave the rent stabilized apartment for someone it was intended to help. I am most certainly not Davids cheerleader. Most times I find him as offense as I do you. But we happen to share one thing in common……………I too am morally and totally against the rent stabilized program and what it has done to society. It has hurt many more people than it has helped! How you say?? By setting people up in a system that stunts their potential. You never have to reach for the brass ring when you have a right to live in a place for a pittance of what the rent should be and you never move on because it does not make financial sense to do so. No one has the right to live in a place they cannot afford if they had to pay today’s prices. Your rent may seem just a few hundred dollars below market today but in 10/20/30 /40 years you will be like the little old lady paying $300 for an apartment that should rent for $3000. If you can’t see the damage these programs do to society then it is pointless to try and educate. Peace-out. enjoy your handout which weather you want to see it or not…….it truly is

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Joanne

Just out of curiosity, what (in a decent society) do you think should happen to the little old lady you mention?

And I’ve noticed that rent stabilization generally allows for somewhere in the range of 2-5% increases (last year’s… and potentially this year’s low increases seem like anomalies). This doesn’t seem like a wildly unfair burden to landlords and would hardly lead to that $300 apartment produced under the old rent-control laws.

David

Joanne, here are some approaches:

1. Little old lady isn’t in the situation because she had the foresight to buy a place to live.

2. Little old lady adjusts expenditures to accommodate market rate rent. (Surely she wasn’t thinking social security would pay all her expenses, right?)

3. Little old lady moves to a neighborhood where she can afford market rate rent.

4. Little old lady moves out of the City to a place where the cost of living is in line with her income.

5. Little old lady moves in with offspring, creating a multigenerational household (that is supposed to be good for the grand kids – fringe benefit!).

6. Little old lady gets a roommate to help cover the cost of market rent.

Many solutions grounded in the little old lady’s own circumstances and self responsibility vs expecting the rest of us to solve her problems. (1) is, of course, the preferred solution (hence the mortgage deduction), since the best way to ensure you will be able to stay in a home is to own it. An over-engineered social program is the worst way to address the problem.

J

Well said!

PS- David I own property here too so there goes your “theory” on qualification criteria for HPS. I will be renting my apartment at market rate ; )

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MaryKate

You own property that you will rent out for market rate and in turn you are will rent the rent stabilized apartment, taking away an apartment from someone who doesn’t own anything and could use a lower priced apartment. You should worry about karma. That is pretty low in my book.

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J

The only thing that is disgusting are your hateful words. I am born and raised in Queens, NY and was interested to live in this neighborhood since 1996 as a teenager when Citilights was built. I worked very hard in the hopes that one day I would have an apartment overlooking the waterfront. I worked extremely hard for the apartment I own and did something that most people don’t do which is sacrifice and save. When the real estate market crashed in 2009 I realized that was my opportunity to invest in the neighborhood I had been wanting to be a part of for some years. That being said I need a larger apartment now that I have a family and I don’t think renting a 2 BR rent-stabilized apartment for $3300/month is quite frankly “stealing” anything from anyone. You can get a 2 BR apartment anywhere in Queens for much less than that, so this isn’t exactly a steal. So yes, thank you for the karma comment, the positivity in my life is all due to the positive karma I have put out into the world through hard work determination, resolve. Congrats to all those trying to do positive things for their life and families when there are so many judgmental “haters” around trying to bring you down.

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anonomus

J You are whats wrong with this country. You, my friend, are the posster child for moocher!

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Karma

“David”..why don’t you meet some of the tenants in person and tell them to their faces that they don’t work hard enough or don’t deserve to live here? Im serious. Meet us at at the waterfront in an hour. See what happens.

HPS has nothing to do with him and he says he isn’t living there so why is he worried if he lives in a market rate building? Buildings are going up all over so supply will always increase. Our city workers and our middle class need a place to live. You have way too much time on your hands if you’re verbally harassing tenants of this building behind the veil of the internet. You’re pathetic and the neighborhood would be better off without your disgusting cancerous attitude.

Welcome to the neighborhood HPS tenants. We look forward to down to earth people and new friends. And some of us have been here for decades. If you got picked, congrats. Karma gave you good luck because you deserve it! David, on the other hand, Karma has something special worked out for you. Look both ways before you cross the street.

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David

I find it funny how so many here, when unable to refute an argument with logic or facts, resort to name calling and thinly veiled threats of violence. I would have no problem telling an HPS tenant to his or her face that he or she should recognize that they are benefiting from a handout. Facts are facts, children.

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J

So let me ask you a question David- you mentioned you owned property in the area correct? I am assuming a condominium correct? What are your thoughts on government funded 421 tax abatements that you are currently enjoying on your “market rate” property. Is that not a government “hand out” that you are enjoying? A subsidized tax break that you are benefitting from, costing over $300,000,000 in lost tax revenue. I don’t think that you should be so opinionated when you are enjoying the benefits of a subsidy yourself.
Only 2 ways to get out of this-you can either be a hypocrite and continue your rants or you can cut your losses and apologize for the hypocrisy. Your choice!

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Hypocrite David

You got it, J. But you didn’t mention the fact that David also gets a whopper of a tax break because he gets to deduct the taxes and interest on his subsidized condo’s mortgage when he files his annual tax returns. Renters, on the other hand, get a big fat ZERO tax write-off on the cost of their rent.

I’ll also go out on a limb here and guess that David works for a firm or an industry that gets generously subsidized by taxpayers whenever they screw up or just as a matter of course through all the various enticements and other goodies doled out by the government.

So who’s really sponging off the system?

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David

It is not hypocritical to support 421s as well as the mortgage deduction while not supporting subsidization of housing.

The 421s are designed to accelerate redevelopment and are especially helpful in blighted areas like LIC 10-15 years ago. They are not designed to effectively introduce a pricing control on assets, the way that HPS is. 421s also sunset/expire, unlike subsidized housing, so they only have a transient effect. Affordable housing only becomes more difficult to roll back with time. Just look at the abomination of rent control. To compare a 421 abatement to affordable housing is a poor attempt at equivalence at best.

As for the mortgage deduction, this is available to anyone, not just lottery winners. That is a fundamental difference with affordable housing programs, which are designed to create a dependent group of renters and cause longer term problems (see above). Furthermore, the deduction is designed to encourage home ownership, which has other benefits to society at large that renting does not. I fail to see any benefit to artificially populating an area with people who otherwise could not afford to live there that even approaches the benefits of either of these programs. Seriously, explain one benefit (other than to you) that housing subsidies create that could not be achieved by letting people move to a different neighborhood or pay full market rate rent instead of pocketing the savings.

So, sorry, you are incorrect. It is not hypocritical to support either 421s or the mortgage deduction while opposing subsidized housing programs. They are different programs with different objectives…apples and oranges. The only similarity is that both impact tax revenues. Well, in that case, how dare any of us use roads, use federally managed airwaves, donate to charity, put gas in your car, take public transit, etc.?

And, no, I am not in banking or any other government guaranteed industry. But, it looks like there is no convincing anyone ranting here that (a) you are getting a handout and (b) this money is not well spent.

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Anonymous visitor

We said David ! You will never get these freeloaders to see what rent stabilization actually costs people in terms of never doing better for themselves because they can’t give up there sweet deal

J

Long Island City was a great community before you or people like you deemed it “great” or “found it”. Ask all the long-time residents that still own the homes that lead up to the fancy buildings. You would not know this and people that support your opinion don’t know because you would have never stepped foot in this neighborhood 15 years ago before it was deemed “the next it neighborhood”.. Your opinion is worthless.. Go live in the next “it” neighborhood and preach to them cause you and your kind are just obnoxious.

David

Gee….now you are sounding a bit bitter, J. LIC was a blighted neighborhood 15 years ago. It doesn’t mean that the people here didn’t have a great community, only that a preponderance of rotting factories and warehouses dotted the area and it was not developed to its potential. Your posts strike e as one of those rosy-eyed “good old days” New Yorkers, with a working girl on every corner and a mugger behind every lamppost. (Apologies to Hoover for the adaptation)

J

Bitter bitter bitter.. That is all I hear. Don’t be upset because you weren’t smart enough to apply. Or better yet your massive insecure ego did not allow you to apply. Bottom line is if you were “rich” enough to not qualify for a $224,000 apartment you wouldn’t be living in LIC. You would be up in Greenwich or Scarsdale. So let me make this as clear as possible for you to understand, you are middle income just like the rest of us LIC dwellers ; )

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David

I think you would find many market-rate residents of LIC whose income exceeds the eligibility band for HPS. Many of us choose to live in LIC because of its proximity to the City and amenities, or own property as an investment.

The issue that I have is that handouts are being in the first place. Like any of the rent-modifying abominations here in NYC, all these subsidies do is distort the rental market and allow people to live in neighborhoods they otherwise couldn’t afford. If you cannot afford to live somewhere without a handout, then you shouldn’t. Or, in your case, you could afford to live here, but choose to take advantage of the program and let others pay the difference. How noble.

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David

I am not sure how you get bitter from my post. I disagree in principle with subsidizing housing, which is essentially what HPS is (I know, it is an indirect subsidy created by capping rent). If you cannot afford to live somewhere on your own, you shouldn’t. And, no, I did not apply because I would not have qualified on income and already own property in the area.

Please – stop being so defensive about someone pointing out that you are getting a handout because you are paying below market rent. Just take it and enjoy.

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KMH

Snarky sarcasm is as obvious as a big, fat pimple in the middle of a forehead. It is never funny, just mean-spirited and insecure.

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J

I suggest a doctoral degree for you.. Oh but that’s right you can only afford a real estate license and that is why you are so bitter ; )

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David

I already have a doctorate. In a real science. Thanks for thinking of me, though.

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David

Oh, gee, one of the human sponges from HPS has pronounced me unliked. What ever will I do? Time to go clutch pearls and faint.

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David

Sounds like ThisGuy is feeling a bit insecure about lining up for a handout.

David

No, actually true. It is how I am able to pay my own way instead of accepting handouts.

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MaryKate

Why would you think David would be bitter being a realtor. The realtors must be thrilled. roughly 450 people in LIC, Sunnyside and Woodside are going to be braking leases and moving out of their apartments to take advantage of this handout. That’s a lot of business for the realtors out there. Lots of newly vacant apartments for them to rent. Why isn’t anyone talking about that end of it. All these lottery winners are not coming off lease right now. What is going to happen with all the leases that will be broken? Maybe that is something Sunnyside post should write an article on? I hope these landlords hold them to their leases!! then maybe their handouts wont seem so great when they have to pay 2 rents for 8 months!!! I know of several people in my building who were approved and none of them are at the end of their lease

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J

First off, these apartments are not a “handout” to most that will be living in them. Middle-income in NYC according to the scale for these apartments caps out at a salary of $224,000 for a family of four. Unless you are a business mogul, a hedge fund guy, Jay-Z or Bloomberg himself this is not a salary to roll your eyes at. The reason I know this is because I currently live on the waterfront and have for over 5 years and I have been selected to live at HPS. Many of my neighbors have also been selected and we are all professionals with advanced degrees (MBAs, lawyers, doctors, accountants). So I suggest anyone having an opinion on this do their homework first before speaking and spewing ignorant rhetoric.

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David

You are getting you apartment below market rate because of government intervention that is only available to lottery winners. That is a handout – pretty simple. I suggest a course in remedial logic for you.

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J

First off, these apartments are not a “handout” to most that will be living in them. Middle-income in NYC according to the scale for these apartments caps out at a salary of $224,000 for a family of four. Unless you are a business mogul, a hedge fund guy, Jay-Z or Bloomberg himself that is not a salary to roll your eyes at. The majority of those apartments will be filled with people who all ready live in the LIC apartments by the waterfront. I know this because I live on the waterfront and I will be one of the tenants at HPS soon and many of my neighbors have been chosen to live there as well (lawyers, doctors, accountants). I suggest you do your homework before you speak so as not to spew your ignorant rhetoric.

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J

First off, these apartments are not a “handout” to most that will be living in them. Middle-income in NYC according to the scale for these apartments caps out at a salary of $224,000 for a family of four. Unless you are a business mogul, a hedge-fund guy or Jay-Z that is not a salary to frown at as some of you are doing. The majority of those apartments will be filled with people who all ready live in the LIC apartments by the waterfront. I know this because I live on the waterfront and I will be one of the tenants at HPS soon and many of my neighbors have been chosen as well. I suggest you do your homework before you speak so as not to spew your ignorant rhetoric.

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Christopher

I’m Complaining about the process not the price $300 cheaper… your comments are unwarranted. I’m a city worker protecting the city 20+ years now. I have lived here my whole life actually up the block by the Pepsi Sign. I was looking for something more affordable. Never once took a hand out in fact pay a higher tax rate than most.

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David

If you are a City worker, you are already overcompensated due to the activities of your cancerous Union. Heck, at 20 years of service, isn’t it time to retire, take your pension, and get another job to rob the taxpayers blind? Thanks for soaking up my tax dollars.

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Chris

I won the Lotto. I was offered and 1bd or a studio told the price told to pick one and prepare to sign a lease.
I wanted a 1bd. All of a sudden not available take the studio or else you go back on the list and we probably won’t call you…. Fast talkers …I smell a scam but no one cares to look into this. I have complained to everyone. Nothing… How can they do this to people.

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David

Hey, you get what you pay for, or, rather, didn’t pay for. Stop complaining that your handout isn’t big enough.

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Anonymous visitor

If everyone who got a taxpayer funded handout was kicked out of their apartment (or business), there wouldn’t be anyone left in NYC except for the rats and a broken down No. 7 train. Seriously, stop with this myth that the wealthy in this city made their money free and clear while everyone else is a scrounger. What a lie.

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David

I would be up for ending all the handouts and seeing what happens. My prediction is the deadweight would get flushed out, lowering prices through increased inventory that would allow middle class folks to be able to afford things on their own. Let’s do the experiment and find out.

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Anonymous visitor

OK. Let’s start with the dead weight financial services and real estate industries in New York City. Let’s stop giving them subsidies, tax breaks, bailouts and other sweetheart deals from the taxpayer. Maybe finally the rest of us who earn an honest living will finally be able to afford to live in this place.

Anonymous Visitor

boo hoo………….Please tell me what you did to deserve a handout………nothing except live in community board 2. How do you expect anyone to feel sorry for you. Let’s sit back and watch as NYC destroys another generation with handouts. I have heard of Lawyers getting picked. People making a great salary and can afford to rent an apartment at market getting picked.

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J

Youre hilarious! Youre upset that a lawyer got picked over you? And youre insinuating that the people that got chosen are cry babies??? LMAO

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Anonymous visitor

J I never said a lawyer got pockwd over me! I said I know of lawyers getting picked. Surely they like you can pay there own way. I think the whole system is flawed. I had no interest on that lottery, nor did I apply. I am waiting to close on a 2 family home that I will convert to a 1 family tow home if you must know. I find the whole idea of rent stabilization disturbing and it never helps those who are the intended receipients. It only seems to help people like you as MaryLate pointed out already.

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ThisGuy

Does anyone know what floors they are allowing to move in? I’d love to be in the building before July 4th!

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Ana Collado

I also applied for these apartments since October of 2014..I hope I get called since I have a child a I thought I would be one of the first ones to move in..

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Malthus

Ah yes…the old “breed when you can’t afford to then expect society to give you a handout” approach. If you get in, at least you will find common ground with the rest of the stroller mafia in the area.

Reply

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