Saturday, May 17, 2008

NY Gov makes $270k/yr, lives in subsidized Apt

Link

“Why should a high official like the governor of the state of the New York live in a government-subsidized apartment?” Mr. Long said in an interview. “By any standard, Governor Paterson is a wealthy man with plenty of perks. He has a home he owns in Albany, and a mansion in which he could live.”

The director of government affairs for the Rent Stabilization Association, Frank Ricci, said yesterday that high-income New Yorkers should not be eligible for rent protections.

“I’m not going to comment on the governor’s personal situation, but our position is that people who have that kind of income — it doesn’t matter what their rent is — should not have the benefit of rent stabilization,” Mr. Ricci said. “People who make over $100,000 have plenty of choices where to live.”

Mr. Paterson told a reporter for The New York Sun yesterday that his apartment’s rent, which he estimated at $1,250 a month, was appropriate given the city’s rent regulations. “It is within the spirit of the law,” he added.