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“We have never had the courage to raise the money we needed to maintain our physical property and that’s why we have the kind of needs we have today,” Mr. Yaker said.

Ed Yaker is quite clever with his manipulation of fact through the use of word play. Yaker is implying the "we" are a bunch of sissies who couldnt bear to raise the rent. Not true. Yaker had the chutzpah to sign a multi-million dollar countract for an elevator modernization project that benefit few and impressed even fewer. The elevators are just as slow and just as fallible as they were before...but they shole nuff are purdy to look at. Yiggy makes sure he blows through precious coop resources on his propaganda machine i.e. The Amalgamated Education Office. One of the employees in the education office was recently relieved of her Amalgamated/Costco American Express card which was being used to purchase big ticket items for herself and her family members. The "Soul of the Coop" is really just a front for Yakers dirty work. Over 5 million on an elevator facelift...meanwhile, the buildings are falling apart. Nice.

Courage? Only a bunch of cowards would steal from working class moderate income families...but it happens. I would bet Yiggy's house in Vermont someone has been siphoning money from the Coop. It would take a small army of dedicated forensic accountants to find the fraud, but, it can be done. Start with the AM&G Waterproofing Co. contract. You might also want to go back a couple of decades to figure out when the Coop decided to STOP maintaining the property with the maintenance collected from shareholders and renters. Perhaps when it was decided the Coop would no longer be largely homogenous? A decision was made to stop maintaining the property in order to push all repairs on "future" tenants...which now consists of a nice mix of folks as a opposed to one religious group.

Yaker better try harder than claiming he's just a wittle ol putty tat...the guy is craftier than Velveeta Cheese.

From: Tenants take issue with price hikes at the Amalgamated

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