Watched Ch 6 news. Today is the "realtor day," they should a clip on Ch 6 but mentioned that McCarthy was talking about property values in the city.
Did he tell the truth? Did he tell the TRUTH, based on the EVIDENCE, that home values are DROPPING in Schenectady, thanks to the failed leadership of the dems, thanks to the excessive UNNECESSARY spending of the savage woman, the ex BS mayor, plex, and now McC?
Did McC tell WHY he refuses to reduce the assessments to the true market value
Did he tell the realtors that they need to inform prospective buyers that their tax portion of the mortgage payment will exceed the principal plus interest?
Did he tell realtors that they need to be honest with prospective buyers and tell them that IF they buy in the city and then have to move, e.g., job transfer, that they will be under water with their mortgage.
Will McC pay the homeowners who lose money being underwater on mortgages if they need to sell, considering McC and his fellow dems making homeowners pay for the downtown property taxes are causing the home values to drop?
How much are the city homeowners paying for the staff time at the tax exempt Proctors, how much are the homeowners paying for the bus tour?
And is McC having the bus drive through MP, the hill and vale, Eastern Ave, central State St, etc? I'd bet ANYONE that the ONLY place the bus went was the GE plot and the most historic streets of the Stockade.
I saw Peggy King in the audience, she works for the county, I hope she was charging vacation time to attend this event! Obviously she was there as a city council rep, not as some official rep of the college.
Homeowners in the city have a birthright entitlement to know the answers to these questions since it is the homeonwers tax dollars, pass this page along
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
Watched Ch 6 news. Today is the "realtor day," they should a clip on Ch 6 but mentioned that McCarthy was talking about property values in the city.
Did he tell the truth? Did he tell the TRUTH, based on the EVIDENCE, that home values are DROPPING in Schenectady, thanks to the failed leadership of the dems, thanks to the excessive UNNECESSARY
The marquee at the State Theater has a message from McStupid.
It says, the lights of Schenectady are shining brighter than ever.
I could barely read it because it was so dark on Erie Blvd.
You drive down past Burger King at night, and black silhouettes run back and forth across the road in front of you. It is darker than it has ever been.
Politics Section | @Follow Jordan Carleo-Evangelist on Twitter Schenectady mayor holds event to attract real estate agents Tuesday, April 16, 2013 by: Lauren Stanforth, Staff writer
Schenectady Mayor Gary McCarthy hosted what he called a “Realtors Day” on Tuesday that was meant to continue to push his efforts to attract buyers to the city. Real estate agents were given breakfast and lunch, and were talked to by the likes of Schenectady Metroplex Development Authority chairman Ray Gillen and Proctors CEO Philip Morris. By the end of the event around 1 p.m., the city said about 160 real estate agents had attended. People were also given a bus tour showcasing the city’s attractions. McCarthy said the Mallozzi Group donated the breakfast, and Mazzone Hospitality donated the lunch. “I’m just thankful to have them as partners,” he said, as the city doesn’t have money to pay for such an event. At lunch at Key Hall, the former Key Bank that Proctors took over and is used by Mazzone catering, McCarthy “raffled” 58 city-owned properties to real estate agents – meaning they get the right to list a property the city previously foreclosed on for 60 to 90 days. When asked if getting a distressed city property would be a prize, McCarthy said that he’s trying to drum up interest in city real estate in general. One agent was looking over the information on the house she received, and worried that the amount needed to rehabilitate the house would eclipse what it could be sold for. But City Attorney John Polster said he had real estate agents approaching him to see if there were any more properties they could list. McCarthy also said it was an efficient way to put the properties in the hands of real estate agents, as otherwise he would have to go out to bid to see which company could list them all. Attendees also got white paper gift bags with the Daily Gazette’s logo on them that included mostly just information promoting the city. Representatives of the private Brown School were also handing out information at the door.
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
People were also given a bus tour showcasing the city’s attractions.
What attractions? Places that homeowners would not be able to afford after they by a house and pay their own taxes PLUS the taxes of the downtown millionaire political cronies.
Wonder if McC showed a Power Point presentation of Galesi's assorted lavish palaces in and out of the U.S. to tell realtors that homeowners are paying Galesi's taxes so that Galesi will give money to the dems while Galesi lives like a royal.
Quoted Text
McCarthy said the Mallozzi Group donated the breakfast, and Mazzone Hospitality donated the lunch. “I’m just thankful to have them as partners,” he said, as the city doesn’t have money to pay for such an event.
Oh, this is what's called "in return for the homeowners paying our taxes, we give back to the "community," i.e., the dem cronies trying to bribe realtors.
Quoted Text
At lunch at Key Hall, the former Key Bank that Proctors took over and is used by Mazzone catering, McCarthy “raffled” 58 city-owned properties to real estate agents – meaning they get the right to list a property the city previously foreclosed on for 60 to 90 days. When asked if getting a distressed city property would be a prize, McCarthy said that he’s trying to drum up interest in city real estate in general. One agent was looking over the information on the house she received, and worried that the amount needed to rehabilitate the house would eclipse what it could be sold for.
Now tax exempt properties are used to hold raffles? ROFL
Quoted Text
But City Attorney John Polster said he had real estate agents approaching him to see if there were any more properties they could list. McCarthy also said it was an efficient way to put the properties in the hands of real estate agents, as otherwise he would have to go out to bid to see which company could list them all.
LIES LIES LIES LIES, especially the comment from Polster. Just like McC's crony, now on the assessment board, who says McC's homes program is so successful which the EVIDENCE PROVES is a big fat lie, so to is Polster telling a BIG FAT LIE and the EVIDENCE WILL PROVE IT---just wait and see when they list the houses and they houses are on the list for two years or so.
Quoted Text
Attendees also got white paper gift bags with the Daily Gazette’s logo on them that included mostly just information promoting the city
The Gazette? That paper that is a puppet of McC and the rest of the dems?
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
Area real estate agents not sold on Schenectady’s pitch Tuesday, April 16, 2013 By Kathleen Moore (Contact) Gazette Reporter
SCHENECTADY — Schenectady officials did their best to market the city to real estate agents Tuesday, but the agents said they didn’t get what they really needed to sell houses here.
Mayor Gary McCarthy, schools Superintendent Laurence Spring and other speakers did not discuss how real estate agents could respond to buyers’ concerns about crime or graduation rates. That left some agents unhappy.
“That’s why I came, to see if they could offer me any ammunition,” said Paula Gaies, an associate broker with Northeast Group. She left without any such help.
“I think Schenectady is one of the best places to sell homes,” she said. “My problem is taxes and schools. That’s the objections I get.”
She said buyers are so worried about Schenectady schools that she has difficulty selling to anyone who has school-age children. She reassures young couples without children by saying that they have at least six years before they’ll need a school.
“A lot could change in six years,” she said.
Spring trumpeted the best programs offered at the schools, and high school students opened the meeting by performing a well-crafted scene from “A Chorus Line.”
Spring then highlighted many other strong programs, from the International Baccalaureate program for advanced students to the Cisco Network certification program that allows students to take a good-paying job immediately after high school.
Spring also described how his 5-year-old daughter insisted on attending Central Park International Magnet School after she overheard him talking about how students learn Chinese there. And he highlighted the diversity in the district, in which minorities are in the majority.
“Our students recognize diversity is an advantage. It makes us stronger,” he said.
But Gaies said it’s not enough.
“He said nice things,” she said, “but I have a lot of Internet-savvy buyers.”
They are not impressed by the district’s poor test scores.
Spring has talked publicly about the need to improve reading in the district — about 6,000 students read below grade level — but he didn’t mention it at Tuesday’s meeting.
Gaies said there’s more than just a test-score problem at the schools. Her buyers have no problem living in Albany, where scores are roughly the same as Schenectady. She speculated that Albany has better elementary schools.
“I don’t have the same problems with the city of Albany,” she said. “The neighborhood elementary schools always seem OK, but it’s different once you get to the high school. If you can run the gauntlet, the high school has an excellent core curriculum for talented children.”
That isn’t much of an endorsement — but she said her buyers are content with that, while they balk at Schenectady.
“I wish they could solve the problem,” she said.
She walked away without any new ideas on how to sell the city to potential buyers.
Other real estate agents said they were very familiar with Schenectady’s most expensive neighborhood, the GE Realty Plot, which is out of range for most middle-class buyers. But some agents were not familiar with other neighborhoods, and the 90-minute presentation carefully made no mention of which neighborhoods were middle-class destinations.
Agent Catie Delf of Keller Williams, who grew up in the Northside neighborhood, said she shows Northside and the GE Realty plot to her clients. And, she said, some of her buyers are impressed by the prices in Schenectady.
“They are typically really surprised. ‘Wow, I can get this property for this?’ ” she said. “Even with the taxes, it’s a good value.”
City officials emphasized that point, showing houses for sale in Schenectady and describing how much more a similar house would cost — in taxes and mortgage — in nearby suburbs.
Gaies said that was a good argument. But, she said, a better approach would have been to emphasize why parents should send their middle-class children to a school where half the students cannot read at grade level. That, she said, is the real hurdle.
She offered one potential argument.
“There are some parents who feel it’s important for their children to have diversity in their school experience,” she said. “If you go to most of the schools in the region, you won’t see that. And that doesn’t prepare them for the world. That may be how you sell it.”
After the event, Spring said middle-class parents have no reason to worry about sending their children to Schenectady schools.
“That reading gap is really about economics, not reading instruction,” he said. “The number of vocabulary words that middle-class kids walk into school with just dwarfs the others.”
He added that Schenectady offers a “literacy rich” environment to try to get poor readers up to speed.
“Those things are phenomenal for kids who already are where they need to be,” he said. “Those kids excel. They end up in these fantastic programs.”
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
they can try to shine the sh!t....but it is honesly not working. the truth of the matter is...........the school system sucks big time, crime is an OBVIOUS problem, it's a drug dealers dream, the taxes are the highest in the state, the roads are a mess, the dss population on broadway is their clue of the social and economic standards of the city and the tax grieving process is corrupt and not homeowner friendly....and that's just for starters.
we know many folks who are in realestate and they can't sell a schenectady home to save their financial lives. they say that the high taxes and the substandard school system is the first concern...the rest follows. the folks who already are trapped in the city are the biggest advertisers via word of mouth!! they tell folks straight out NOT to buy in the city.
the problem is that the majority of city residents are already on the government teet, with very little education....so they will continue to vote in the same dimwits over and over. those welfare checks and their section 8 are worth the dimwit vote.
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
City officials emphasized that point, showing houses for sale in Schenectady and describing how much more a similar house would cost — in taxes and mortgage — in nearby suburbs.
Such a big fat LIE, that even the democratic voice of lies won't post here and say that the above quote is true.
Like that house on Ardsley that some new city employee is going to buy for $88,000, it is so very woefully outdated. So McC has his 203K program, spoke about it at the committee meeting this week, it's including the cost of redoing a house into the mortgage, thus add $50,000 to an a house that sold for $88,000 so the mortgage is $138,000, amortized at 3.5% the mortgage is $620 a month and that does not include homeowners nor PMI (and all these government backed/subsidized mortgages require PMI) so guess another $100 a month plus taxes of $7,000+ per year which is another $600 per year, so someone is paying $1,300 a month or more when you can go to a similar house in nearby suburbs and pay maybe $138,000 but the taxes are half.
The other thing that McC FAILED to admit to is that buying home in the city means your home value is going down and taxes going up, where as in nearby suburbs you buy a house which appreciates.
Optimists close their eyes and pretend problems are non existent. Better to have open eyes, see the truths, acknowledge the negatives, and speak up for the people rather than the politicos and their rich cronies.
drive out the taxpaying businesses, it wont matter
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
I find it humorous that they think they can "make the realtors an offer they can't refuse" in order to get them to sell the houses. Macro Economics 101 would help them understand things better but they never attended an institution of higher learning, I reckon.
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
I'm not sure that's enough. We might need to give Proctors even more money...
Good one. We also need more nit wit candidates in Proctor's employee. Proctor's now has more candidates in City/County offices than the REPS.
The funniest is the realtor who loves showing property in Schenectady. She admits that the horrible taxes/schools are a problem. It's the confiscatory taxes stupid. Anyone still voting for local DEMS needs their head examined.
Logged
Good one. We also need more nit wit candidates in Proctor's employee. Proctor's now has more candidates in City/County offices than the REPS. 
