New York State Attorney General Eliot Spitzer.New York State Attorney General The New York State Attorney General is the chief legal officer of the State of New York. The office has been in existence in some form since 1626, under the Dutch colonial government of New York. Eliot Spitzer Eliot Laurence Spitzer (born June 10 1959 ) is an American lawyer, politician and the current Governor of New York. Spitzer was elected governor in the November 2006 election. is also a tenant watchdog. Now that banks give such miniscule min·is·cule adj. Variant of minuscule. Adj. 1. miniscule - very small; "a minuscule kitchen"; "a minuscule amount of rain fell" minuscule interest on accounts -typically 1.1 percent - he is proposing that the current rent security deposit law, that provides 1 percent goes to owners for administration, be changed so that tenants receive 80 percent of the interest and owners get 20 percent. "Owners no longer have any administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. ," his spokesperson advised us. The actual law is supported by the Brooklyn Tenants Council and is being sponsored by Brooklyn Dem Assemblywoman Helene Weinstein and Queens Republican Sen. Frank Padavan. Statewide, Spitzer estimates there is $1.3 billion in accounts representing 2.2 million tenants. Just think if the owners groups got together and created an investment vehicle to get higher returns for all. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion