Tag Archives: istar

iStar Tidbit Courtesy Flush

I was asked to post images of the flyers that were on every seat at the Tuesday night ZBA meeting regarding iStar. I have no idea who made them, so I apologize for not giving anybody proper credit.  I have to assume that the creator is totally ok for me to post them here. (Right?)

click on image for a larger view
click on image for a larger view

 

Also, two posts ago I made a joke about iStar using bags of cement for the ‘work’ they said did, as mentioned in Newsday:

“A foundation permit was filed and a concrete slab was poured on the site, surrounded by a chain link fence off the boardwalk [NEWSDAY]

The following image and caption was posted on facebook by LB resident Sam Pinto. He gave me permission to repost here:

“Back in 2016, I happened to walk by the superblock as I saw one guy in concrete truck pouring some concrete. I saw that he cleared out what looked to be a 5 cubic yard hole, and the concrete was quickly poured into the it. I’m no engineer, but If this counts as a foundation for two 17 story towers, I would be shocked. I didn’t see any rebar, markings, tubes or flags. I’ve seen more concrete work for a lifted bungalow in the West End.”

County Executive Laura Curran on IDA REFORM. iStar seems to like this regime change.

New Nassau County Executive Laura Curran promised IDA reforms under her administration:

  • March 27th, 2018: Curran announces IDA reforms [NEWSDAY]
  • March 28th, 2018: Curran announces IDA reforms [The Island Now]
  • September 20th, 2017: Laura Curran pushes IDA reforms [NEWSDAY]
  • April 11th, 2018 [THAT IS TODAY!]: County Executive Curran Announces Sweeping Reforms to Industrial Development Agency [nassaucountyny.gov]

But according to an article in today’s Newsday, the iStar attorney thinks this new Laura Curran administration will be in their favor:

“People know there’s been a change in [IDA] administration at the county level and the developers are optimistic to come to a deal to come to the IDA to proceed very quickly,” said Scott Mollen, an attorney for the development. [NEWSDAY]

Below is today’s announcement from Laura Curran [link]. Will she hold her promise to us with this IDA reform?  She is promising ‘transparency’ and ‘putting the community first’, but let me tell you this: The Long Beach community is not happy about a billion dollar company asking for 20 years of tax cuts on extremely rare beachfront property that’s a stone throw away from the LIRR. Especially since the Long Beach community is potentially about to face extremely high tax increases across the board.

I would love to hear what County Executive Laura Curran has to say about this iStar IDA application. I did vote for  Laura. Her answer will definitely make my decision for the next election.

APRIL 11th, 2018

County Executive Curran Announces Sweeping Reforms to Industrial Development Agency

Mineola, NY – Nassau County Executive Laura Curran today announced a series of reforms for the Nassau County Industrial Development Agency (IDA) that will increase transparency, better measure projects that receive IDA benefits and put community first.

“I look forward to working with the IDA Board – both my new appointees and members already serving – to move the IDA forward with a new mission of transparency,” said Curran. “The bottom line is Nassau County needs to attract and keep businesses to grow the tax base.”

“I’ve always said the IDAs can be a great economic development tool, and we just need to ensure policies and practices are in place that benefit the communities these projects are designed to support,” said Curran.

Curran also announced that she would form a taskforce to explore synergies between the Nassau and Town of Hempstead IDAs in an effort to take a more regional approach to economic development.

“It makes perfect sense to how we can cooperate in a more efficient and substantive way in attracting new business without forgetting the needs of the community,” said Curran.

Curran said amongst the reforms she would recommend to the IDA Board for consideration include:

  • Requiring the IDA to hold quarterly meetings in addition to business sessions and to allow for public comment on all agenda items.
  • Enhance notification of IDA projects, proposals and other business to elected officials impacted by the projects along with greater outreach to interested parties and the general public.
  • Ensure that Nassau IDA Board policies on gifts, campaign contributions, etc. mirror those of senior County officials. This would include disclosure by applicants and their consultants of any political contributions made to county or locally impacted elected officials.
  • Close the so –called “tourism loophole” that has allowed for the granting of tax breaks for storage facilities and car dealerships.
  • Mandate the use of local labor/prevailing wage to the greatest extent possible.
  • Expand the benefits for building transit-oriented developments in Nassau’s downtowns.
  • Clarify and strengthen job creation requirements and establish stringent ‘claw back’ of benefits if job levels aren’t reached.

In addition, Curran said she will also review closely the findings of an audit of the IDA presently being undertaken by the office of Nassau County Comptroller Jack Schnirman, and may recommend additional reforms based on the results of the audit.

“Real reform of the IDA will take the efforts of many,” said Curran. “I am looking forward to working with the IDA Board of Directors and Executive Director to implement these changes.”

###

Union workers are being used as pawns for multi-billion dollar company (iStar), who has the potential to destroy the Long Beach Middle class.

Such a crazy time we live in when it comes to politics and money…….

READ NEWSDAY:  Long Beach ZBA hears arguments on proposed Superblock’s permit

“Attorneys for developers said the project is still moving forward and announced plans to seek new tax breaks to enable the start of construction.”

Thank you iStar for pushing through on destroying this community as much as you can. But don’t you have enough money to pay for this? I think you do [link].

“People know there’s been a change in [IDA] administration at the county level and the developers are optimistic to come to a deal to come to the IDA to proceed very quickly,” said Scott Mollen, an attorney for the development.

It sounds like a deal is already in place. Can we investigate this like how we investigated the Mangano mess? 

“Developers said they believed they were in compliance with the conditions of the city. A foundation permit was filed and a concrete slab was poured on the site, surrounded by a chain link fence off the boardwalk.”

I cannot believe they are using that tiny hole as a way of saying they already started work. Did that concrete come out of a paper bag? This is disgraceful. 

Ugh, I really don’t want to do this blog anymore, but there are times like these when I feel like have no choice. But I really don’t want to blog anymore. I love not paying attention. I have not been going to any of these meetings. I’ve been living in the dark and it’s been great, but then I go on facebook, I see what my friends post, I read Newsday and I go nuts. I don’t want to do this blog anymore. I really don’t.

I would rather see a new Haberman building than another legal surcharge on my tax bill. [opinion]

“The city was dealt another blow last week in its fight against a potentially crippling $50 million lawsuit a developer first filed in 2003 [LB Herald]

“The Habermans are longtime residents of Long Beach. They did not want to inflict an enormous damage claim on the city, They only wanted the right to develop their own property.” [NEWSDAY]

Am I alone when I say this: I’d rather see another building than a lawsuit surcharge on my tax bill. It would spell the end for the beloved kitty condo, but there has to be some room here to cut some sort of deal.  I just think for us to appeal will do nothing, but delay the inevitable in a costly fashion.

Between this and the potential-BS lawsuit iStar is threatening, us residents are really getting hit hard with this legal mess – all situations that we have nothing to do with. I’m not joking when I say how there needs to be another Scoundrels by the Sea book in the works. 

Hey attorneys for iStar: You are assholes and your client lied to the people of Long Beach. Liar liar pants on fire. [OPINION]

Isn’t freedom of speech wonderful?  Hey, check this out:

“Council President Len Torres told the Herald last October that he was disappointed with iStar for originally claiming it had the money to fund the project, and then seeking a large tax break.” [link]

Yeah, no shit. Representatives from iStar told tons of Long Beach residents at their little 2014 party at [I think it was Sutton Place] how they had the money and the project was shovel ready. This company is such a liar liar pants on fire. They totally lied to us and now they want us to foot the bill, whether it’s in the form of taxes or a lawsuit. What a greedy fucking company.

I’m so tired of all this. I am tired of this company. I am tired of Long Beach residents footing the bill for everything. I am tired of Long Beach, in general, on social media.

The people of Long Beach and the People of Nassau County should sue iStar.  Oh yeah, read this article: iStar pushing Long Beach to back $82M tax break

iStar profit gravy $$$ and an open letter to our city [editorial, opinions, whatever you want to call it]

iStar originally came to the IDA asking for $129 million dollars. They are now down to  $82 million.  As the Newsday editorial [image below] and many have pointed out, what was that $47 million dollars, gravy? How can the City Council be legally beholden to an agreement when the people they agreed with are so obviously trying to game the system. It is impossible to demand that the City Council follow through with that agreement given the way that is has been handled by iStar where they have blatantly shown that all they are after is more profit.

(In the words of Larry David) Having said that….

TO: ltorres@longbeachny.govaeramo@longbeachny.govcdiamond@longbeachny.govsmandel@longbeachny.govamoore@longbeachny.govcitymanager@longbeachny.gov

RE: iStar letter and potential lawsuit

Attention City Council and City Manager: 

It’s time for you to do the right thing. A $105 million dollar lawsuit that we potentially face due do your negligence is something you can clear up by sending the letter that iStar requires, telling them that you gave them permission to go to the IDA. After you do this, us residents will try to clean up your mess.

 

Long Beach Herald: iStar may seek $87 tax break and may sue City if they don’t get it. [WTF? OPINIONS]

Anthony Rifilato of the Long Beach Herald writes:

“Nassau County Legislator Denise Ford says that the developer looking to build luxury apartments on the Superblock will make a third attempt to secure a tax abatement to move forward with the project — and may sue the city if it is denied again.

Full article: Ford: iStar may seek $87 million tax break

Many moons ago [2014], iStar came in with this project. THEY SAID THEY WERE SHOVEL READY and our city gave them approval to build. There was not one mention of IDA when this all happened.

Shovel ready was complete BS, because they came back a year later looking for a major tax break, that would, in my opinion, ultimately hurt all the residents of Long Beach.

What would be the basis for a lawsuit? The City of Long Beach gave them permission, then kept their mouths shut. We were begging our officials to talk and they wouldn’t. It was the will of the people who were against the IDA, because we don’t want to pay for luxury beachfront units that are on ultra-rare property that’s a hop, skip and jump away from Manhattan.

an oldie, but goodie.

The Long Beach public forum on this topic is  May 9, at 6:30 p.m at City Hall.

iStar Wars: Episode III – Revenge of the “We don’t want to pay our fair share of taxes”

It’s real folks. According to our City, iStar is actually going to give it another shot for a tax break. They say third time is a charm, but I’m sorry, iStar. This just cannot happen. You can send your people to clog up city hall, but the residents of Long Beach have already spoken. We will speak again (assuming there’s some sort of meeting, which I hope there will be.)   Continue reading iStar Wars: Episode III – Revenge of the “We don’t want to pay our fair share of taxes”

“The City has learned that iStar Financial, owners and developers of the Superblock, will soon submit a third and final application for tax abatements to the Nassau County IDA”

I’ll post some personal feelings on this in a bit.  From the City of Long Beach:

The City has learned that iStar Financial, owners and developers of the Superblock, will soon submit a third and final application for tax abatements to the Nassau County IDA, which has the exclusive authority to grant or deny the application. It is unclear whether the IDA needs to hold a public meeting in connection with this new application.

Therefore, the City feels it is imperative that the residents be provided with the details of this application, and an analysis of its short-term and long-range effects on the City. Residents will also have an opportunity to ask questions regarding this topic of critical concern to the community.