Showing posts with label Rudin family. Show all posts
Showing posts with label Rudin family. Show all posts

Sunday, April 3, 2011

In North Shore-LIJ and Christine Quinn Plan for St. Vincent's, a Fear of Union-Busting


OP-ED : Update on Community Effort to Create a Hospital to Replace St. Vincent's in the Lower West Side of Manhattan

When a deal was announced for the transfer of bankruptcy assets from the 501(c)(3) charity that was St. Vincent's Hospital to the private real estate developer tycoon William Rudin at values that may not fairly represent the full market value, the bankruptcy assets transfer was hailed as a health care miracle, because it would replace the Level 1 Trauma Center that was St. Vincent's with a first aid clinic.

But just a mere examination, at first blush, of the beneficial transfer of assets to insider creditors, the jobs that it would create, and the services it would provide, show that this deal is fraught with potential legal challenges.

The transfer of St. Vincent's principal assets -- its real estate -- to the Rudin family, who has always had an ''inside track'' on condo-conversion plans -- may be fraudulent, if the transfer does not happen at full market value prices. There is also community concern that the North Shore-LIJ landlord taking over the first aid clinic is going to hire only non-union employees for the 400 jobs that are expected to be created at the first aid clinic, and that the new clinic will forbid any efforts at collective-bargaining ; presently, only approximately 36 per cent of North Shore-LIJ employees receive union benefits. The services to be provided by the first aid clinic will not be able to treat ''women in labor, patients with severe trauma such as gunshot wounds or open fractures, or those requiring immediate surgery or cardiac interventions.'' In the face of the lack of life-saving services to be provided by the first aid clinic, and even the dishonest comparison of ambulance response times between 2008 and 2009 (even though St. Vincent's closed in 2010), predictably Deputy Mayor Christine Quinn can still be ''encouraged'' by the flimsy outpatient center.

Meanwhile, here is a video of a press conference outside Friday's appellate court hearing in connection with a freedom of information lawsuit.

Why Are They Closing St. Vincent's Hospital? (Pt. 23) - Freedom of Information from g. sosa on Vimeo.

As Mayor Michael Bloomberg and Deputy Mayor Christine Quinn try to destroy the social safety net by trying to close firehouses, shut down senior citizen centers, cut childcare, layoff teachers, pretend like votes don't go missing, build luxury condos on the hallowed ground of St. Vincent's Hospital, make money from government information, and end Progressive Era reforms, we are left to wonder. When will the focus of irresponsible real estate development at the expense of the middle class spark a voter backlash, that will lead to mass protests at the city's legislature, or a revolution of the likes that have been happening elsewhere ? What will be the spark that will trigger mass protests in New York ?

(Christine Quinn is Speaker of the New York City Council, but she has made her bed alongside Mayor Bloomberg on many controversial issues that often times she acts more and more like his Deputy Mayor than an independent voice for Democratic Party ideals.)

Friday, March 11, 2011

Will the Rudin Family seek to profit from Mayor Bloomberg's spree of School Closings ?

OP-ED : After Rudin Management converts St. Vincent's Hospital into Luxury Condos, will the billion-dollar real estate empire next convert closed schools into more luxury condos ?

Since he has become mayor, Michael Bloomberg has waged a sustained campaign to layoff teachers and close schools. Once wonders why he is systematically attacking public education, which is such an important underpinning of our society.

Remember how New York University got away with demolishing the Edgar Allan Poe house to build a new mega-building ? Well, yesterday, word was received that St. Vincent's Hospital, which closed after mysterious back-room meetings last year, is being converted into luxury condos by the Rudin Family. Are we beginning to see a pattern ?

In the last 10 or so years, no public institution (not a historical landmark like the former house of the famous poet Edgar Allan Poe, not St. Ann's Church, not the fabled St. Vincent's Hospital, not even public schools, where children go for an education) has been safe from being condemned and closed down -- all in the name of more and more reckless real estate development.

It is time for people to wake up and see what is on the horizon : the time is going to come when children are going to be loitering in the streets, having nowhere to go, nothing good to occupy their time, and no future to create, after all the teacher layoffs and school closings. There will be less firehouses and fewer hospitals. What kind of urban design for a metropolis is Mayor Bloomberg creating ?

But according to the real estate development wet dreams of Mayor Bloomberg, New York City Council Speaker Christine Quinn, and other development-crazed politicians, that is exactly what they want. Their vision for a new ''partnership'' for New York must include closing down public institutions, like schools, firehouses, and our historical landmarks, to make room for more luxury condo conversions and mega-buildings.

What happened to wanting to live in an exceptional city ? Aren't we capable of being better than this ? We need to organize grassroots efforts to block the elitist urban-renewal projects of real estate developers, like the Rudin Family, who seem to be joining Mayor Bloomberg on a renewed campaign to destroy the fragile character and experience of our local neighborhoods. It's time to get organized and fight back !

Thursday, March 10, 2011

Remnants of St. Vincent's Hospital To Become Luxury Condos

Christine Quinn Sells St. Vincent's Hospital to Rudin Family ; Jane Jacobs is Turning in Her Grave. :'(

New York City Council Speaker Christine Quinn continues her campaign to sell New York City landmarks to real estate developers, activists say. Witness the latest announcement involving the historic real estate of the former St. Vincent's Hospital.

Christine Quinn,Jane Jacobs,devilopers,William Rudin,Jack Rudin,Katherine,Rudin

From Curbed :

If this graphic looks familiar, it's because we've seen it before, back when the Landmarks Presrevation Commission approved the highly controversial St. Vincent's redevelopment plan. In the intervening months, the hospital's closure took that redevelopment plan off the table, and the great St. Vincent's sell-off began. And then this bombshell: the Observer reports that, actually, the sawtooth O'Toole Building will be retrofitted and reopened as an emergency medical facility, with assistance from Rudin Management, the developer behind the previous plan, and North Shore-LIJ hospital. A victory for preservationists? Yes and no.

One thing the preservationists didn't want was the construction of an FX Fowle-designed residential building on Seventh Avenue South. Win some, lose some: that aspect of the old plan is back in a big way (as is the Michael Van Valkenburgh Associates makeover of St. Vincent's Triangle). The building will contain 450 units of luxury condos. Last time the subject came up, the LPC ordered the 233-foot building cut down a few stories, so we don't know what the final version will look like. We're guessing the architectural surgeons will still end up with something similar to the last design.

The rumour amongst activists it that, for an encore, Speaker Quinn will join forces with Mayor Bloomberg, to bust the unions of public employees, like teachers.

Monday, March 7, 2011

Rudin Management Exposé On St. Vincent's Real Estate Carcass Picking

Rudin Interview on New York Real Estate Harvesting From Bankrupt Hospitals.

William Rudin, chief executive officer at Rudin Management Co., talks about New York City's real estate and the outlook for commercial property, including the millions the family stands to make from the carcass picking of the real estate property of St. Vincent's Hospital. Watch at 5:40.

To add insult to injury, naturally this interview was broadcast on Bloomberg Opinion, in keeping with Mayor Michael Bloomberg's worldview of starving the beast until it dies in the back of an ambulance, stuck in crosstown traffic.

Sunday, February 20, 2011

Rudin Real Estate Donations

Christine Quinn,Rudin Family,Rudin Management,Mayor 2013 NYC,Campaign Donations,Real Estate Deals,Hospital Closings,St. Vincent's Hospital

In an apparent conflict of interest, Beth R. DeWoody, Madeleine R. Johnson, Eric C. Rudin, Jack Rudin, Katherine Rudin, and William C. Rudin each donated $4,950 to Christine Quinn's presumed 2013 mayoral campaign. During this time, the Rudin family has been trying to salvage a multi-million dollar real estate purchase of the buildings that belong to the bankruptcy estate of St. Vincent's Hospital. Since the Rudin family wants to build luxury high-rise condos on the site of St. Vincent's, do these large campaign donations explain why Speaker Quinn has done nothing to restore a hospital to the former St. Vincent's site ?