Remarks by Richard Chervony
409 remarks on the record, newest first · Page 2 of 17
- Play at 1:49:12
“You're leaving money on the table. All right.”
Village Commission · Jul 28, 2026
- Play at 1:50:31
“Let me remind you, the last time that we cut a deal to lower prices to incentivize a building going up, being very polite, it bit us in the ass. Shoma.”
Village Commission · Jul 28, 2026
- Play at 1:52:16
“I can't keep having this conversation. We just need to make a decision.”
Village Commission · Jul 28, 2026
- Play at 1:57:12
“your site plan approval essentially okay it's ten thousand or twenty for the original year ten was there right but so that's what i'm asking oh no i want clarification now would you support 20. i would support 20 no and i won't support the 250 either okay so that's what i thought you said here so you're a no i'm gonna yeah i know i'm sticking with what was proposed tonight by for the fourth time in a row by legal.”
Village Commission · Jul 28, 2026
- Play at 2:05:56
“The last TDRs that we placed via RFP were paid in 90 days, the first payment, and in 120 days, the second payment.”
Village Commission · Jul 28, 2026
- Play at 2:07:35
“But if you do an RFP now, with the actual terms that we have there, we can literally sell out our RTDRs in this RFP.”
Village Commission · Jul 28, 2026
- Play at 2:08:07
“With an RFP out now, we can get enough people that are interested in buying TDRs. We can sell out our 47, 46 TDRs a week?”
Village Commission · Jul 28, 2026
- Play at 2:08:44
“via site plan, purchase of TDRs via site plan approval. She's discussing that.”
Village Commission · Jul 28, 2026
- Play at 2:14:06
“What I am looking at is that we are scaring our investors, not only those that are potentially future investors, but those that have already invested, delaying their projects even more because the market right now, you don't have to be in real estate to know that the market, pardon the French, sucks. Things are not selling.”
Village Commission · Jul 28, 2026
- Play at 2:15:47
“You're going to make money once the property is completed. No, of course. That is the thing. A year after that. You're talking about 10 years down the road. Probably. Let's be realistic. No, it's true. You're not seeing that immediately.”
Village Commission · Jul 28, 2026
- Play at 2:16:04
“The only person that I know that has the pockets to have been able to pay in that manner was related, which is Perez, who has the money. When you're talking about a smaller developer.”
Village Commission · Jul 28, 2026
- Play at 2:19:31
“One time we got no bids. Got it. Put it out again. Okay.”
Village Commission · Jul 28, 2026
- Play at 2:22:29
“We don't have a mechanism for conveying.”
Village Commission · Jul 28, 2026
- Play at 2:29:51
“If not mistaken, that's the one that I read on Facebook. They were all given a date, a very close date for them to leave. I'm not sure if it's your building or another building. They were given 45 days and they were paid a month and a half of the rent.”
Village Commission · Jul 28, 2026
- Play at 2:39:13
“in favor of them. I don't know what, but I'm torn because I know of three other projects that are interested as well. And because we have been discussing it, maybe they have not submitted. Correct. a piece of paper saying, hey, we're interested in whatever.”
Village Commission · Jul 28, 2026
- Play at 2:39:42
“Yeah. I find it, I don't want to say funny because it's not funny, but I find it very interesting that I have been mentioning all along. I have three people. I have three people. A fourth one just came up tonight that I met here at the meeting. And our planner is saying that he has heard of three as well.”
Village Commission · Jul 28, 2026
- Play at 2:40:16
“Basically, I was accepting of staff's recommendation of 200,000 and 100,000 for, I mean, 10,000 for linear foot. That is something that was a middle point of where we ended up being that maybe they could accept because it would not be such a steep TDR increase or such a steep linear foot increase either. Those are calculations that have to be made by the individuals. Yes, we were cheap. We're the last waterfront city selling properties basically. that are being developed, hopefully being developed. So we have the possibility of raising it a bit, but I think, and I was beaten fairly three to…”
Village Commission · Jul 28, 2026
- Play at 2:47:16
“And I will question, is it fair to the other three individuals that are also interested?”
Village Commission · Jul 28, 2026
- Play at 2:47:40
“But if we limit the number of TDRs that we're selling.”
Village Commission · Jul 28, 2026
- Play at 2:50:42
“Any of the TDRs that we sell tonight, for argument's sake, I'm saying tonight, I'm talking about the RFP, which is, for argument's sake, 50. Plus those that we sold to Related, Grand Vita, and Urbanica. can be re-conveyed to somebody else. They can be sold to somebody else.”
Village Commission · Jul 28, 2026
- Play at 2:51:13
“But you're still talking about the same number of TDRs that are still rotating that are still in the mix.”
Village Commission · Jul 28, 2026
- Play at 2:52:05
“Correct. The height chart. Yeah. You're only removing a quarter of the cost. But it's a discount. That's nothing. When you talk about these projects... Does it make sense?”
Village Commission · Jul 28, 2026
- Play at 2:54:18
“I can do that. And we're losing two and a half million dollars.”
Village Commission · Jul 28, 2026
- Play at 2:54:25
“If we sell 50 TDRs, we lost 2 1⁄2 million.”
Village Commission · Jul 28, 2026
- Play at 2:54:32
“Yeah, you're supporting the 200 from the beginning. So how are you losing it? How are we losing it? You voted on something. You right now have $12 1⁄2 million worth of TDRs. By you lowering it, you are risking $2 1⁄2 million. Not me. You. You voted for it. Not me. I voted against it.”
Village Commission · Jul 28, 2026