The Co-op and Condo Insider
The Co-op & Condo Insider is your trusted source for expert commentary led by advocates within New York City’s co-op and condo world. Each episode offers insights into the challenges, news, and stories that shape a community making up more than 20% of this great city’s residents.
The Co-op and Condo Insider
Mobilizing Co-op Shareholders Against The Steep Economic Consequences of Local Law 97
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A homeowner’s budget can’t be an afterthought in climate policy—and New York’s Local Law 97 proves why. We bring former Lieutenant Governor Betsy McCaughey into a candid conversation about what the law really demands from co-op and condo buildings, who pays, and how a 1.4 million–strong homeowner community can reshape the mayoral race by voting as a bloc. From sticker-shock assessments to the mechanics of electrification, we walk through the numbers, the engineering, and the politics driving one of the city’s most consequential housing and energy decisions.
You’ll hear how retrofit costs can reach $40,000–$50,000 per unit, why some buildings with solar still face penalties, and what happens when a grid that’s not yet 70% renewable is asked to shoulder rapid electrification. We untangle the owners-vs.-renters divide created by broad exemptions, discuss council proposals that could offer real relief, and map out pragmatic alternatives—crediting measurable carbon cuts, extending timelines, and aligning enforcement with the grid’s reality. Beyond policy, we focus on people: retirees on fixed incomes, families with rising maintenance, and boards trying to do the right thing without pushing neighbors out of their homes.
Betsy details SaveNYC.org’s ground game—flyers under doors, lobby tables, supermarket outreach, buses to polling sites—and a targeted message: vote to protect your home and force a fair reset. If climate leadership is going to stick, it must deliver carbon reductions without sacrificing household solvency. Join us to learn what’s at stake, how to organize your building, and where your vote can have the biggest impact. If this conversation resonates, subscribe, share with your board and neighbors, and leave a review so more New Yorkers can find it. Your home—and your city—are on the ballot.
Opening: The Missing Lobby
SPEAKER_03Tenants have a strong lobby. Uh, teachers have a strong lobby, uh, plumbers, electricians, everyone has a strong lobby. Co-ops do not have a strong lobby.
SPEAKER_00Well, that is our whole goal. We are out in the field, and you will see us in your building. And uh our t shirts say protect your home against local law 97. That's what it says. Protect your home.
Show Introduction & Hosts
SPEAKER_02This is the Co-op and Condo Insider, the podcast dedicated to New York's cooperative and condominium communities. This is your trusted source for the latest insights, strategies, and stories shaping the world of shared housing. You will hear from the people who are leaders in this community. Information and insights you will not hear anywhere else. If you want to stay ahead of the curve, you're in the right place. The views and opinions expressed on this program do not necessarily reflect those of the host or any affiliated individuals or organizations.
SPEAKER_03Hello, and welcome to the Co-op and Condo Insider, where we explore the real-world issues facing co-op and condo communities across New York City with insight, expertise, and a healthy dose of stray talk. I'm your host, Jeffrey Mazell, a co-op attorney and legal advisor to the President's Co-op and Condo Council. And I'm thrilled to be joined by my co-host, Richard Solomon, a seasoned voice in public radio for over 20 years. Richard has taken his listeners around the world to meet experts, newsmakers, and the people making a real difference in our everyday lives. Richard, it's great to have you on the mic with me today.
SPEAKER_01It is it is great to be here, and what a great guest. What a great guest for today. I won't say more than that.
SPEAKER_03You can say more than that.
SPEAKER_01Well, we are thrilled to I let the I let the cat out of the bag last time.
SPEAKER_03Uh yeah, so we have uh you are actually uh the highest ranking government official we've had on this podcast to date. So congratulations on that honor. Well, we are going to try and go higher, but right now you are the
Guest Betsy McCaughey Joins
SPEAKER_03highest. So we're thrilled to be joined by former new New York State Lieutenant Governor, uh uh news personality, and advocate on many critical issues over the years with an incredible career. Uh Betsy McCoy. Betsy, welcome.
SPEAKER_00Oh, I feel so delighted to be on the show. And I today we have some very important issues to talk about because suddenly co-op and condo law is at the linchpin of this mayoral election.
SPEAKER_03Well, speaking personally, because I've been I've been doing this 40 years and I I feel our issues and call them condo issues, uh, I I always say it's people's homes.
SPEAKER_00Yes, exactly.
SPEAKER_03And what's more important than a person's home, yet to explain some of the issues, which we'll of course get into uh later, you know, further, um it it takes it it's not front page news. It's not sexy, it's not exciting, but it's things that are gonna cost you and greatly affect your lives.
SPEAKER_00Yes, and it should be front page news. Actually, I've written two columns about it so far, and you know, my editors say, Why are you writing about that again? I said, Because it affects 1.4 million New Yorkers, 832,000
Why Local Law 97 Matters
SPEAKER_00units. You point to another issue that is more impactful. This is gonna hurt so many people. I'm referring to local law 97, of course.
SPEAKER_03So so the way the way we cross paths, and um I I read your uh New York Post editorial about local law 97, and I said, I I could have written this. It was it was so spot on. You even cited Queensview Inc., which is my client, and I've been working with them for many, many years, and we'll we'll talk about that in a minute. And I and and then we reached out, uh, the co-op community reached out to you to see what you were doing and where these issues uh fit in in your current activities. So let's let's talk about what you're currently doing. Uh, there's an organization, Save NYC. Tell us why, when, and what is SaveNYC.org.
SPEAKER_00Ray Kelly, the longest serving police commissioner and a very good friend. He and I launched this together. It's nonpartisan, but we were extremely concerned as we watched the mayoral election evolve. And at the same time, quality of life in New York declined. Ray's top priority, of course, is crime. Uh, he's very concerned with the diminution in law enforcement and the steady decline in just order on the streets. We're being enveloped by chaos, right? Whether it's prostitution or shoplifting or a lot of other activities that the left calls minor crimes, but they're not minor if they're in your neighborhood, right? So we launched save nyc.org. As I said, it's nonpartisan. Our goal from day one was to increase voter turnout engagement. We know that if we get out enough New York voters, they will make a smart decision. In a low turnout election, often a candidate who is really not best for the city wins. And so uh we're motivating New Yorkers to turn out. And we looked at this group of New Yorkers affected by local law 97, 1.4 million
Costs, Penalties, And Who Pays
SPEAKER_00people. That is a huge block of voters. If they vote together, if they unify and go to the polls to protect their own homes, never mind ideology, never mind whether you're a Republican or a Democrat or a conservative or a liberal or a working families party, whatever you are, it doesn't matter. Go to the polls to protect your own home. And that is our message.
SPEAKER_03So just to give a little color and background, since I I am the Local Law 97 nerd here, um, local law 97 was passed in 2019. Uh, the President's Cal Punk Condo Council and many other organizations were um, you know, we were very concerned because it it it is a it was landmark legislation, and we met with the prime sponsor of the bill, Costa Costanitas, and we said, this is all great. We all we, you know, the goal of the of the legislation is to reduce carbon emissions, and there's only one group of residents in New York City that actually have to pay for retrofits, and that's Carpan Condo. The one group of of residents is called Pen Condo homeowners. So we asked uh Costa how are we gonna pay for it? And the answer we got was don't worry about it.
SPEAKER_00Fast forward.
SPEAKER_03Fast forward six years. That's that's the answer we keep getting.
SPEAKER_00Yes. Well, he let's just give our our listeners the concrete uh facts here. It costs many, many millions of dollars to convert a building from heating oil or natural gas heat to electric heat. Many, many double-digit millions of dollars. And according to the law, the actual residents, the co-op and condo owners, retirees, civil servants, teachers, they have to foot the bill for this. So it will mean maybe a doubling of your maintenance, right? Or huge assessments, and many people will have to actually sell their homes at fire sale prices, they won't be able to afford it.
SPEAKER_03Yeah, and again, just uh through my experience, um, the initial uh estimate of uh the penalties, and these are the harshest penalties ever imposed on New Yorkers. Right for local law ninety seven. And the estimate that the redney came out with uh initially, if nobody did anything, was nine billion uh was nine hundred million dollars, almost a billion dollars, which at the time was basically 10 percent of the New York City budget, which it the these are it's a punitive uh statute.
SPEAKER_00That's right, it's punishing owners. You worked your whole life, you saved up, you bought a piece of property, this is gonna be your home, right? And now you are being clobbered with huge fines. And what did you do? Nothing. These buildings all complied with the law when they were built, right? They complied with the zoning codes, and now the
SaveNYC.org Strategy & Ground Game
SPEAKER_00city is basically taking what they call a public good, reducing carbon emissions benefits everyone, right? Now we can get to the science in a minute because the NYU climate activists have actually written a report saying this won't help, except maybe two or three generations from now. But never mind the science, assuming it would help. They've taken a public good and they've imposed the entire cost on a small group of people, 1.4 million New Yorkers. So my view is we have to mobilize these New Yorkers to vote against the one mayoral candidate who supports imposing this cost on owners, and that is Zoran Mamdani. Never mind how you feel about anything else in his repertoire of policies. I'm not going to criticize the man in any way, except to say if you own a home, you've got to look at it for yourself and vote against him.
SPEAKER_01So your organization, have they contemplated like equal protection and Eighth Amendment challenges to the law because of this proportionate treatment? I I grew up in a co-op. My parents, my lots of my family members currently live in co-ops. Um, and I've spent many, many years living in them myself. So my question is also how do you mobilize a lot of people to understand how impactful this is when these issues don't make the news? So they don't make the news, they're not fired up. How do you fire them up? They say, look, and and Jeff talks about this all the time. This comes down to it's like $23,000 a unit, you know, for example, or numbers like that.
SPEAKER_00Let me show you. How are we firing them up? How do you how do you get them fired up? We hit the we hit the beach yesterday, so to speak. We have uh teams we've hired, we have flyers, we're going out to every condo and co-op in the city, borough by borough. We started in Queens yesterday and we are putting the literature under the door. We are following up with door knocking and conversations and closure to election day, we will have buses in front of those buildings to bring you to your polling place. I guarantee you we are pulling out that 1.4 million voters. And if we pull out even half of them, we have defeated Mamdani because he got uh 469,000 votes in the primary. The DSA Democratic Socialists of America claiming now has 500,000 supporters. Okay, but we have more. We have more. We have 1.4 million homeowners who must turn out to protect themselves. This is a numbers game.
SPEAKER_03This law
Owners vs Renters: Political Divide
SPEAKER_03exempts 45% of the buildings in New York City, including uh one and two family homes, including rent stabilized buildings, including New York City buildings. So the building where they passed the law is exempt from local law ninety seven. Right.
SPEAKER_00The hypocrisy of their homeowners, it's almost ideologically unfair that they're targeting one group of people, people who worked hard to own something.
SPEAKER_03And and and the um when we met with Costa and we brought the we asked him, I said, well, you could have two exact two of the exact same buildings, and one's rent stabilized and one's um a co-op. Why why would they be treated differently? He said, Well, the tenants would end up paying for it. In other words, it it's a political divide that was made.
SPEAKER_00Owners versus renters.
SPEAKER_03And I think I think in the mayor election, I think it's a political divide also. I don't think Mondano.
SPEAKER_00You are so right, Jeffrey. You are so right. It's owners versus renters. And I suggest that the owners listening realize that if they vote as a block in this election, City Hall will stop pushing them around.
SPEAKER_03And that and that's always been an issue. Uh, I you know, the tenants have a strong lobby, uh, teachers have a strong lobby, uh, plumbers, electricians, everyone has a strong lobby.
SPEAKER_00Let's unite.
SPEAKER_03Co-ops do not have a strong lobby.
SPEAKER_00Well, that is our whole goal. We are out in the field, and you will see us in your building, and uh our t-shirts say protect your home against local law 97. That's what it says. Protect your home.
SPEAKER_03I I had a client who uh was younger, younger board, younger than me, I guess. Uh, you know, but in their 30s and 40s, very ideologically uh in favor of local law 97. They put together a local law ninety-seven committee, then the numbers came out. They were literally crying. It was forty to fifty thousand dollars per unit to comply. And by the way, this is four years ago, and that doesn't even factor in the cost of what electricity will be. Yes. Betsy, has your organization even looked at?
SPEAKER_00Oh, yes, because the Manhattan Institute and the Empire Center, two think tanks in New York, have both looked carefully at this, and they say energy prices are going to go up so much as the demand increases. The more you shift from other forms of heat, like oil heat and natural gas, to mandated electric heat, the more demand there will be on our electrical supply. But New York isn't producing enough electricity.
Real-World Costs & Energy Prices
SPEAKER_00We're buying a large share of it from Pennsylvania. And guess how they produce it? With fossil fuels. So you're simply shifting the carbon footprint across the border and paying huge prices. New York pays one of the highest rates for electricity in the country. I guess we're the sixth highest. And it's largely because we have to buy from out of state. We're our our solar and wind power is very expensive, as you know. And uh, if we were producing more electricity in-state using fossil fuels, the rates would be much lower.
SPEAKER_03Also, uh Indian Point was closed down without any replacement. And that was 25% of the citizens.
SPEAKER_00Kathy Hogel, I don't usually say that, I'm not a Kathy Hogel fan, but she did support the other day the idea of more nuclear power for the state.
SPEAKER_03So just another uh uh uh fact that that I'd like to insert here that the New York State controller came out with a report in November of 2024. Uh the whole premise of, and for you guys listening, the whole premise of local 197 is uh everybody uh uh buildings reduce their carbon footprint by converting uh their heat and cooling and hot water to electric sources, um, which is a whole nother technical impossibility. Uh but the idea is if you're burning electricity, the electricity has to burn renewable come from renewable sources. Right now, New York City is I think 20% from renewable sources, and the goal is to get it to 70%, and that is it, you know, basically after COVID, after um you know, uh all these licenses that are failing for these projects, that is an impossibility. And the New York State Controller came out with a report and said that the grid, the New York State grid will not be 70% renewable by 2030. So sort of this it's sort of this um absurd result where you you you've converted your building, yet you're still burning fossil fuel at the energy plant level just down the street.
SPEAKER_00Yep, it's very unfortunate. And as I said, it's unfortunate to impose the whole cost on a specific group of homeowners. This reducing carbon emissions is a public good, and we should all share in it to the extent that we agree it's reasonable. We should all share in it equally. We shouldn't be imposing it on one group of people who simply can't afford it. And so I'm trying to make this a very major part of the election. As I said, I don't say anything negative about any of the candidates, and we're not endorsing a candidate, but we're saying if you care about holding on to your home, affording to hold on to your co-oper, vote against Mom Dani because he is the one mayoral candidate who has vowed to enforce
Grid Reality vs Renewable Goals
SPEAKER_00local law at 97. All the others have said they'll look into changing it, slow walking it, repealing it, but not Mom Dani. He's in 100%.
SPEAKER_03How did you come upon this issue? I'm just curious.
SPEAKER_00Well, as you know, I write a weekly column for the New York Post and I started to look into local law 97, and frankly, I was horrified at how unfair it is. Horrified. I usually my columns are always very balanced, as you know. You probably read them. But this law was so unfair, I couldn't think of anything good to say about it. I and I I I support climate uh remedies because I have six grandchildren. But this was so unfair and so scientifically unjustified, I just couldn't believe that the city council had gone ahead and passed this and the mayor had signed it.
SPEAKER_03So in in uh you know, the advocates for the co-op and condo community, we've you know, we've we've introduced legislation to um to you know tweak it, I'll call it. I mean, we understand you're not repealing it. So we do have an intro 772. Linda Lee, who's a um I would call her a fair-minded elected official from Northeast Queens, introduced it. And it counts green space. There's a lot of measures in there that would bring relief to middle and working class co-op and condo owners. And the bill has support from you know everybody from you know DSA members, three or four, we have 24 sponsors, DSA members to to Vicki Paladino and and and the Republican caucus and the Common Sense Caucus, and everybody in between, because it's become a tale of two cities. If you have co-ops in your district, all of a sudden, you know, the the the the ideology has to go out the window because you're dealing with real people. Then we have like Sandy Nurse had a protest on on City Hall in front of City Hall to enforce local law 97
Election Stakes And Single-Issue Voting
SPEAKER_03three or four years ago. I looked it up, she has five co-ops in her district.
SPEAKER_00Yeah.
SPEAKER_03So this this is a tale of two cities because a lot of the advocates, a lot of the advocates don't have it, doesn't affect their constituents.
SPEAKER_00Yes, but it does affect 1.4 million people, and my goal, Jeffrey, is to ensure that all of those people hear about this before the election. So you're gonna see our Save NYC volunteers and teams out in your neighborhood distributing the literature. It's just informational, not endorsing a candidate, but telling you about local law 97 and urging you to vote against the one candidate who zealously supports local law 97, which is Zoram Mamdani.
SPEAKER_01What kind of pressure could you also put post-election on the legislature? And this is really a question both for Jeff as well as our guest, because you know, this is this has been drag, I can see it's been dragging for so long. And Jeff, you've been making heroic efforts. You're well-knowledged and and you're active and you're in the front. But what could be done to put more pressure on the legislature than exists now?
SPEAKER_00I'd like to answer that question.
SPEAKER_03That's for you, Betsy. Go ahead.
SPEAKER_00The question has to be put on the legislature before the election. Let me tell you, whether it's the mayor or the elected representatives after the election, you're whistling Dixie. They've gotten re-elected, they could care less. You have to put pressure on politicians when they're facing re-election.
SPEAKER_03Unfortunately, uh this group of city council uh candidates, uh, most of them are unopposed. And again, they're the they're they're ideologically driven on this issue, unless unless they have co-ops and condos in their district.
SPEAKER_00Right.
SPEAKER_03Because I always say this is this is a this is a living, this is a life issue. It's not a political issue.
SPEAKER_00No, it's not. It's about holding on to your home. Well, that's why we're in the streets, we're around the buildings and in the buildings every day now. I hope when you see our volunteers and our workers, you'll you'll wave and say thank you and take a flyer and give one to your neighbors. Because if we vote single issue, single issue this time around, we can defeat this. We can at least defeat the mayoral candidate who's so gung-ho to enforce it.
SPEAKER_03So uh if people are listening, and how would they become how can they volunteer?
Legislative Paths And Delays
SPEAKER_00Oh, please come to save nyc.org. We have a place to sign up. You will hear from me immediately.
SPEAKER_03I did experience that. We did hear from you immediately.
SPEAKER_00Yes.
SPEAKER_03And you have met with some of the advocates, including the president's co-op and condo council. And that's right.
SPEAKER_00We have many, many, many advocates. And uh, but most importantly, we have the people behind us, the people who actually own their homes and want to protect them. This is a single-issue election for us.
SPEAKER_03Uh other than uh sort of the ground game, uh is there going to be any other any other outreach, uh town halls or commercials?
SPEAKER_00Well, we can have events in your building. If you invite us, we are happy to come and talk to all the residents, bring our flyers, our informational pieces, get to know you better. We'd love to do that. Just reach out to save nyc.org and say, please come, please come on a specific date. We'll be there.
SPEAKER_01Yeah, what I what I notice as someone who grew up in the co-op environment over the years, a lot of times the meetings are at seven o'clock or whatever, right when homework has to be done.
SPEAKER_00Yeah, you gotta feed the baby, right?
SPEAKER_01You know, you know, all of those things. And they don't necessarily have the room for big meetings in the co-op areas where they have to maybe go to a like a uh a local uh church synagogue, whatever, in red space for a bigger auditorium. Yeah, uh, but maybe if you use some of the you know the infrastructure created from the pandemic, I agree.
SPEAKER_00That's a great idea.
SPEAKER_01Maybe can have a broader reach.
SPEAKER_00We'll also be out in the supermarkets every weekend.
SPEAKER_01Oh, there you go.
SPEAKER_03Those are the modern day town uh town centers.
SPEAKER_00They really are, right? Everybody has to go shop. We'll be there.
SPEAKER_03So I I I've also uh, you know, in in my in my advocacy, uh, which I I always say I was sort of this uh uh it's it it swept me in because I I I would go meeting to meeting and everyone was scratching their heads. I have one co-op that installed uh uh
Schools, Priorities, And Exemptions
SPEAKER_03solar energy and a solar carports over a large parking lot. Good neighbors, right? Yeah, they're subject to local law 97 penalties because solar energy doesn't help you in your penalty calculation. Then I have Georgetown Muse, uh a big article 20, it's their solar proof is equivalent to planting 21,000 trees. And and they're subject to local law ninety-seven penalties. The law is so rigid um that it there's no human there's no human element to it. There's and and the DOB and you know, the the the this mayor who we've met with, you know, yeah, and he seems to understand the issues, uh, has not really provided um uh you know uh the solution that Carlton Condos are looking for. But hopefully, if he wins or whoever wins other than Mandami, uh we we can make inroads. We we have met with uh the mayor, we have met with uh Governor Cuomo and uh Curtis Sliwa, and they all understand the issue of they're they're all flexible, they're all flexible. There is daylight there. Um Dami, we have not met with, we'd like to, but uh we have not heard back. No, no surprise there, right?
SPEAKER_01Is there any other jurisdiction that has an equivalent, local law 97?
SPEAKER_00I've looked at that. No, and in fact, after after the election, uh if the unfortunate happens and Mr. Mamdani wins, we definitely will go to federal court to challenge this.
SPEAKER_03Well, there was a state, there was a constitutional challenge.
SPEAKER_00They dismissed the constitutional objections right away and went on to other things. I believe it should be in federal court.
SPEAKER_03Okay. I I we're we're all in. Um, you know, uh, and by the way, uh the two presidents uh of the PCC, the president's
Mobilizing Buildings & Social Media
SPEAKER_03corporate condo counsel, Bob Friedrich and Warren Schreiber were the lead plaintiffs in that case. And certain legislators and uh administrators, uh people in the administration wouldn't speak to them in meetings because they were plaintiffs in that lawsuit.
SPEAKER_00That is so outrageous. So outrageous.
SPEAKER_03And our feeling was this is a landmark legislation. Yes, it's nowhere else in the country, it deserves a vigorous legal review.
SPEAKER_00Of course it does.
SPEAKER_03What's more American than that?
SPEAKER_00And what's uh what's more un-American than not talking to your adversaries when you're disagreeing on a policy issue? Of course, you should speak.
SPEAKER_03Well, uh, just to add to that, Vicki Paladino uh came out, and she's for those of you who don't know, she's a uh Republican from Whitestone in the city council, so she's one of eight. Um, she came out with a very simple law that basically pushed back local on 97 seven years. Perfect. Yeah, that's coming.
SPEAKER_00I mean, we'll have better technologies by then, exactly. And that's what's meant to depend on technologies that don't exist yet, right?
SPEAKER_03AI didn't exist when the law passed, right? And we won't be able to power the AI if if if if the law goes through as is. Anyway, Vicky's bill, and I spoke to other legislators, got no traction because it was Vicky's bill. It's kind of very unfortunate.
SPEAKER_00I know I spoke with her about it too. Very unfortunate.
SPEAKER_03It's it's children, it's like dealing with children, but uh no, local 97 is landmark legislation.
SPEAKER_00There's some let me point out some of the other things people should be concerned about if we're looking at climate uh climate initiatives. I'm very concerned about the schools in New York, and many, many people living in our condos and co-ops have school-aged children who attend public school. And I was hoping that Mr. Mamdani would be concerned about the very low reading and math scores
Legal Challenges & Next Steps
SPEAKER_00in New York. 40% of our grammar school kids fail the minimum standard of reading and math, minimum standard. And yet Mr. Mamdani isn't offering any remedies to that. He said he's going to give up mayoral control of the schools, obviously has no concerns about that. His one initiative regarding the schools is to replace the asphalt pavements around the schools with green turf. And to me, greening the schoolyards is not the top priority, ensuring that Johnny or Jose can read. That's the top priority.
SPEAKER_03I I agree with that. My daughter is a first-grade school teacher in Harlem for eight years, and she she would love, I'll play what you just said, and I'm sure her school will appreciate what you just said.
SPEAKER_00Yes.
SPEAKER_03They need resources desperately.
SPEAKER_00They need resources, they need standards, and they need uh uh an examination of what kind of teaching methods work, because when kids aren't learning to read and do math in grammar school, you're dooming them to a life of failure. Never mind whether their school is climate compliant. Nobody ever said I failed in my life because my school had a pavement outside instead of green grass. That's just a preposterous approach, right?
SPEAKER_03And and schools are exempt, so they don't they'll they'll be burning fossil fuel in the building, so the kids will breathe that in, but um the carpentado owners can't, you know, won't be able to. All right. Um just uh again, um are there social media aspects to the uh uh say NYC that they'd like to get more of the buildings, they have chat rooms.
SPEAKER_00We'd like to get them chatting on Facebook about. About this, it will help us reach all of the occupants of the buildings. Our view is simple. Once everybody knows about
Lighter Notes & Closing Details
SPEAKER_00local law 97, our job is done. They will be mobilized and incentivized to turn out and vote for any candidate they want, except Mom Donnie. We just have to protect these homeowners from such an unfair law.
SPEAKER_03Agreed. And I've I've attended numerous and spoken at numerous town halls where people walk in not knowing the issues and they walk out crying, literally crying.
SPEAKER_00Yes, because they know they won't be able to afford to hold on to their home.
SPEAKER_01Well, one idea I have for you is you know, there's a lot of banks in neighbors where there's tremendous amounts of co-ops. Maybe outside the bank because people care about their money, you could have like maybe a little something going on as an educational table, like on the street somewhere. I like that.
SPEAKER_00I like that idea a lot.
SPEAKER_01You're hiring because because a dollar because it's all about money, and you know, and and people need to actually it needs to resonate with them. And when they go to the bank and they say they see like what Jeff was saying was it 50,000 a unit, you know, it it's like yeah. So it's like don't spend all your money today because right, because we're coming after it, because you're gonna need it later, you know, that that kind of thing. And no better place than the banks that are situated in heavy areas of co-op residency.
SPEAKER_00Yes, that idea.
SPEAKER_03So so we'll we'll transition from from a very serious topic to ri Rich always does our closing and fun questions. Uh do you do you have any any any handy, Rich?
SPEAKER_01Oh, of course I do. I'm gonna go up script. All right, so t tell you have any fun information about working at Newsmax or how like like any kind of cool food you eat before you go on the air or anything like that?
SPEAKER_00Okay, well, first of all, I love working at Newsmax. I've never worked at a television or any place that was more fun, the nicest people ever, really, just incredibly nice. And uh for my Sunday show, I get there pretty early in the morning, like 4:30, quarter to five. So I've already had breakfast, but then halfway through the morning show, which runs from 7 to 10, they put out this beautiful buffet, and we play a rear for 10 minutes and we all rush to the buffet and have something delicious before the second half of the show.
SPEAKER_01All right, so we'll do what they say in school, compare and contrast. So when you're on ABC, like on with John Cats Matidas's station, that how's the how's the food there?
SPEAKER_00Ah, well, John, John, as you know, is a foodie. So there's always good food at ABC.
SPEAKER_01What what is your food of choice when you're salad?
SPEAKER_00I love chicken salad.
SPEAKER_03I had chicken salad for dinner last night.
SPEAKER_00That's my favorite.
SPEAKER_03Uh Betsy, thank you very much. Um, once again, if give a shout out to where people can contact save nyc.org.
SPEAKER_00Save nyc.org. That's our email. You can save go to save nyc.org. You can always call me at 917-748-0227 if you want to volunteer. But an email is better because sometimes you'll catch me without a pen and paper. And um, I want to hear from you, and we want to get our flyers out to all your buildings. So if you'd like to distribute these flyers in your building or just to your neighbors, please contact me and I'll send you the link right away or send you a package of them.
unknownAll right.
SPEAKER_03Betsy McCoy, you're officially a Corpo Condo insider. Congratulations.
SPEAKER_00I love it. What I always want you to be.
SPEAKER_03Okay, till the next podcast, folks. Thank you very much.
SPEAKER_01Thank you for listening.