Category Archives: Affordable Housing

Peary Court Mind Bender

Posted on February 11, 2016 by M_Blank

Saw this in the paper this morning:  City staff: Wait on seeking Peary Court lender. So Key West voters are supposed to vote on purchasing Peary Court without having any idea what the terms of the loan are? Really??? So … Continue reading →

Posted in Affordable Housing, Key West | 1 Comment

Peary Court – Not Adding Up

Posted on February 10, 2016 by M_Blank

Update:  Revised to include Area Median Income (AMI) chart. The purchase of Peary Court is such a high priority for some in Key West, that they are willing to pay $55 million for a property that was purchased for $35 … Continue reading →

Posted in Affordable Housing, Bubba System, Key West | Leave a comment

Keys Media – Blowing Our Minds With Truth

Posted on February 7, 2016 by M_Blank

There’s been some great work in the local Keys media lately.  Here’s a rundown of some of my favorites. As we know, Peary Court is shaping up to be the next big taxpayer rip-off.  The Bluepaper is exploring another angle … Continue reading →

Posted in Affordable Housing, Bubba System, Media | Leave a comment

Peary Court – Resource Suck?

Posted on February 4, 2016 by M_Blank

At this point, most reasonable people would agree that the purchase of Peary Court doesn’t make a whole lot of sense.  What we’re being told is that the City of Key West plans to buy the property for $55 million … Continue reading →

Posted in Affordable Housing, Bubba System, Key West | 3 Comments

Peary Court – Many Questions

Posted on February 1, 2016 by M_Blank

Update:  There are a lot of people way ahead of me on this.  Check out the discussion here.  I found the bit about comparable rents especially interesting. The Peary Court purchase is a very small piece of the affordable housing … Continue reading →

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Peary Court – The Next Big Rip Off?

Posted on January 29, 2016 by M_Blank

Update:  There’s a nice write-up at goodmorningkeywest.com on this.  It actually answers some of the questions I asked below.  And here’s a link to the Housing First PAC started by Key West officials to push the purchase of Peary Court … Continue reading →

Posted in Affordable Housing, Bubba System, Key West | Leave a comment