The Local 100 Fightback Coalition
The Local 100 Fightback Coalition
@local100fightback.bsky.social
Dedicated to building a United Opposition to the current TWU Local 100 leadership on the principles of Democratic Accountability, Workers' & Social Justice.
1. HCR Mission Statement-

hcr.ny.gov/about-hc

2. Governor Hochul Announces $1 Billion in Affordable Housing Financing-
www.governor.ny.gov/news/governo...
hcr.ny.gov
September 18, 2025 at 10:01 AM
Our tax dollars have funded New York State for decades. It is long past time for the State to reinvest in us.

We are calling on NYS leaders to finally live up to their promises: protect, defend, and truly invest in the future of affordable housing.

Footnotes and Quotations-
hcr.ny.gov
September 18, 2025 at 10:00 AM
Ensure all financial decisions are made transparently, with State intervention before mismanagement spirals into crisis again.

Conclusion-

We are not asking for handouts. We are demanding fairness, accountability, and justice.
September 18, 2025 at 9:59 AM
Launch a State investigation into Wells Fargo’s discriminatory practices in communities of color like Rochdale. Determine legal liability for the crisis we face today.

7. Stronger Financial Oversight and Transparency
September 18, 2025 at 9:59 AM
Guarantee annual, direct aid to Rochdale and all Mitchell-Lama cooperatives to ensure long-term affordability.

6. Investigation into Wells Fargo’s Predatory Lending
September 18, 2025 at 9:58 AM
4. Public Refinancing of Predatory Debt

Refinance the $195 million Wells Fargo loan at a fair public rate.

The State can use direct aid or pension funds (via Comptroller Thomas DiNapoli) to support and sustain affordable housing.

5. Ongoing Direct State Funding
September 18, 2025 at 9:58 AM
Work with residents on a fair, short-term plan—based on real cost of living, not reckless mismanagement.

If State employees get 3–4% raises, why are residents—many State and City workers themselves—being asked to pay ten times that rate?
September 18, 2025 at 9:57 AM
A new managing agent should be chosen through a transparent, competitive process with resident input.

3. Immediate Freeze on Carrying Charge Increases

No increases until the audit is complete and management is replaced.
September 18, 2025 at 9:57 AM
Individuals found responsible must be held legally accountable.

2. Remove and Replace Current Management

Summit Management must be immediately removed for gross mismanagement.

HCR has the authority to act when a housing company is mismanaged.
September 18, 2025 at 9:56 AM
Audit must also review decisions by Summit Management (formerly Marion Scott), Marion Scott Real Estate, and all past/present Board members.

Make audits mandatory annually, with costs covered by the State, given its decades of failed oversight.
September 18, 2025 at 9:56 AM
Immediate, independent audit by a third-party firm with no ties to management.

Investigate all finances, contracts, vendors, loans, capital projects, and leases.
September 18, 2025 at 9:56 AM
Concrete Proposals to Address the Crisis-

Rochdale’s problems are solvable, but they require political will and real commitment to affordable housing. We demand the following:

1. Mandatory Independent Forensic Audit
September 18, 2025 at 9:55 AM
Rochdale Village is the size of a small city. We vote regularly, and in massive numbers. If you threaten our community, refuse to hear us, or treat us with contempt, there will be consequences—politically, publicly, and at the ballot box.
September 18, 2025 at 9:54 AM
We will demand that HCR officials who betray their mission be removed and barred from government service. And we will work to ensure Governor Hochul faces a crushing electoral defeat.
September 18, 2025 at 9:54 AM
Fair Warning-

If that is the endgame, hear us now: Rochdale Village residents will never surrender. We will fight back—with our voices, our organizing, and our votes.
September 18, 2025 at 9:54 AM
Because the outcome is clear: bleed residents dry, push them out, worsen the crisis, then force privatization and sell Rochdale Village to real estate speculators like Donald Trump, Jared Kushner, or hedge funds like Blackstone, which are already devouring affordable housing across the country.
September 18, 2025 at 9:53 AM
Which raises the obvious question: is the real plan gentrification and privatization?
September 18, 2025 at 9:53 AM
So riddle us this, Batman:
When you drive residents into arrears or eviction, who will cover the lost revenue? How does displacing families ensure “financial solvency”?

The truth is this: these increases do nothing to get Rochdale Village out of debt.
September 18, 2025 at 9:53 AM
And when we say these increases are outrageous—more than ten times the wage increases most of us have ever received, including from the State itself—you respond with empty phrases about “fiduciary responsibility” and “balanced budgets.
September 18, 2025 at 9:52 AM
Today, DHCR and Governor Hochul still refuse to meet with residents in person. You dodge accountability for decades of failed regulation.
September 18, 2025 at 9:52 AM
And where was DHCR during the four earlier predatory mortgages with Wells Fargo dating back to 1986—all rolled into the 2019 refinancing?

That is not oversight. It is complicity.

Accountability and Consequences-

September 18, 2025 at 9:51 AM
Where was DHCR, whose approval was required, when residents were saddled with a balloon-payment mortgage that guarantees Wells Fargo at least $86.5 million in profit in just the first 10 years?
September 18, 2025 at 9:51 AM
Where was DHCR oversight in 2019, when Marion Scott Real Estate and our Board of Directors approved a $195 million refinancing loan with Wells Fargo—a bank infamous for racist and predatory practices?
September 18, 2025 at 9:51 AM
The truth is simple: New York State is the de facto landlord of Rochdale and every Mitchell-Lama cooperative. And for decades, the State has acted like a deadbeat, no-show landlord.

DHCR’s Direct Role in the Crisis-

This crisis is not just about neglect—it’s about DHCR’s active failures.
September 18, 2025 at 9:50 AM
If DHCR itself says state aid is a key factor in determining carrying charge increases, why was Rochdale all but ignored?

For decades, when the State refused to provide ongoing aid, who exactly did you expect to pay for upkeep, repairs, and operations?
September 18, 2025 at 9:49 AM