PUBLIC TESTIMONY
Testimony by Theo Chin, First Secretary of Social Democrats of America, on the 3rd Party Transfer Program
3:02:00
·
4 min
Theo Chin, First Secretary of the Social Democrats of America, strongly criticizes the proposed 3rd party transfer (TPT) program legislation, calling it racist and paternalistic. He argues for direct transfer of property deeds to tenants instead of involving nonprofits, citing personal experiences with corruption in the program.
- Chin shares his experience as a resident of 640 Riverside Drive, a building transferred under the TPT program in 2003, where promised tenant ownership has not materialized after 20 years.
- He accuses organizations like Urban Homesteading Assistance Board (UHAB) of corruption and infiltrating NYC political and journalistic spheres.
- Chin announces plans for a rent strike and demands accountability for $100 million spent on his building.
Theo Chin
3:02:00
Thank you.
3:02:01
Dear counsel Man Sanchez, my name is Tia Chino, and I serve as the 1st secretary of the social Democrat of America, also known internationally as the Committee of the 2nd Searchford International.
3:02:12
We are the socialist faction inside the Democratic Party.
3:02:15
Given that I only have 2 minute, I won't waste time with diplomacy.
3:02:19
Let me be clear.
3:02:20
This bill is racist, paternalistic, and a textbook example of systematic governmental racism.
3:02:27
No matter how you spin it as a collective, your action are perpetuating racism.
3:02:32
The bill should be known as Amgen and Uncle Tom Bill.
3:02:35
The only way 3rd party transfer program can work, if it's fair, we tell an opportunity to purchase act.
3:02:42
These would ensure tenant are the true beneficiary, not some shady nonprofit set up by developer with questionable intention.
3:02:50
The deed should go to the tenant themselves, period.
3:02:54
Why are these nonprofit allowed to raise the rent on rent control and rent stabilized tenant while private sector is prohibited to do so using Title 15 of the finance state law?
3:03:04
I speak from experience.
3:03:06
I am a resident at 640 River Side Drive.
3:03:08
A building that was transferred on the TPT program following City Council Resolution 105 in back in 2003.
3:03:15
Urban Homesteading assistant board or you have received a deed from for $1 from 2 in 2004 from neighborhood restore.
3:03:24
Fast forward 20 years and a $100,000,000 later, and the building still hasn't been transferred to the tenderness promise.
3:03:32
Worse, our rent is good is set to skyrocket from $400 in average to $2000 starting tomorrow, October 1st.
3:03:39
It's attaching the documentation.
3:03:41
According to the documentation of the rent, it's going to also subsidize actress Rosario Dawson Mother Apartment on 13th Street.
3:03:49
For 15 years, tenant in my building, have fought to expose the corruption with the TPT program.
3:03:55
Nearly everybody involved has teams retire except for Uhab lawyer, Anyan Irims, and their direct to brand chairman.
3:04:01
As usual, new face, lead the ignorance.
3:04:04
We've seen it here before.
3:04:06
Please allow me to continue.
3:04:07
I'm very corrupt HPD commissioner like Henry Dendrickson conveniently vanished after being exposed in the last hearing back in 2019.
3:04:18
At this point, it's just not my story.
3:04:20
It's the story of countless black and brown tenant who repeatedly reached out to the Department of Investigation, the FBI, the attorney general, the district attorney of the Five Barr, and the Department of Justice, only to be ignored.
3:04:33
Let me reiterate.
3:04:34
The title should go directly to the tenant.
3:04:36
Not some nonprofit set up by shady developer.
3:04:40
Grant Sherman from Uhab advised an above income tenant who up to apply to section 8, to be denied, and in tenure when he retired, to visit China Breo office explaining it was political.
3:04:53
Since you have made this issue political, the social Democrat of America has launched the Reb My Block program to educate citizens about partisan politics.
3:05:02
Whether Democrat, Republican, or independent.
3:05:04
Through this, I've seen firsthand how organization like you have and Reisbor have infiltrated the New York City political and journalists sphere.
3:05:13
To combat this, we sponsor documentary county now available to stream on PBS.
3:05:18
As a socialist, I firmly believe Tenno who want to become owner should receive the deed to fair mean and organize the unlimited libel liability corporation or nonprofit that pay its fair share of property expense.
3:05:34
However, allowing Shadi organization like you have a rice bar to hold the title is nothing more than an extension of corruption.
3:05:43
It's no surprise you have support this bill.
3:05:45
It provides them a lifeline to hide what they have done to the resident of 640 reverse light.
3:05:50
Right?
3:05:50
644 and countless other.
3:05:53
This bill is allowed to pass as the as is, would only perpetrate the legacy of racial redlining initially set up by the bank to prevent black and brown community from building wealth.
3:06:06
We, as the social democrat of America, are committed to educating the public until all these racist liberal policy are dismantled.
3:06:13
As for me, starting tomorrow, I will initiate a rent strike as tenant in what I can only describe as a criminal enterprise.
3:06:21
I will be demanding full full accounting of where the $100,000,000 has done.
3:06:25
And I'm available to answer any question you might have.
Pierina Ana Sanchez
3:06:30
Thank you.
Theo Chin
3:06:30
And thank you for the opportunity to say all that.
