Feb 052016

bag of money

by Naja and Arnaud Girard…….

Donald Roberts lives in Peary Court with his mom Ruby.   They rent one of the 48 deed restricted “affordable” units. Their situation is puzzling. With a combined annual income of under $55,850, they qualify for “low-income affordable workforce housing.” Their rent should be $1,571/month, yet they pay around $2,400/month. At that price, their 2-bedroom deed restricted affordable unit at Peary Court is pretty much market rate.

So what happened to the hard fought victory that nearly four years ago “saved” 30% of Peary Court units for affordable workforce housing? Continue reading »

Feb 052016
Who Owns Peary Court?

by Martha K. Huggins, Ph.D…….. A burning question was finally asked on Wednesday (2/3/2016) in a Key West Citizen Editorial—“Who is White Street Partners?” Well, that’s the wrong question if you’re after Peary Court’s current owners. Peary Court Holdings, LP (a Delaware limited partnership)– registered in Florida as a “foreign partnership”– is Peary Court’s owner […]

 February 5, 2016  Posted by at 1:28 am ~ Opinion ~, Issue #152, Martha Huggins 45 Responses »
Jan 292016
PEARY COURT PURCHASE / Banks: Thanks, But No Thanks…

BANKING INDUSTRY: ‘THANKS, BUT NO THANKS…’ In preparation for the March 15th referendum on the purchase of Peary Court, the City sent out requests for bids to various banks. The City retained PFM, Inc [Public Financial Management] to help collect those proposals that would provide information on how the City would finance the 55 Million dollar purchase. However, […]

 January 29, 2016  Posted by at 11:00 am ** BREAKING NEWS ** 20 Responses »
Jan 152016
AFFORDABLE HOUSING: One Step Forward, Two Steps Back

Commentary by Naja and Arnaud Girard……. Key West’s City Commissioners are considering the purchase of the old Navy housing at Peary Court. According to Commissioner Weekley, the real estate deal will relieve some of the effects of the dire housing crisis that bleeds the island of its workforce. Yet The Blue Paper discovered this week, […]

Jan 082016
PEARY COURT / What to do?

City Manager Weighing Options on Building Inspections 2013 Inspection Report Made Available by Naja and Arnaud Girard……. Some recent independent home inspection testing at Peary Court has brought a worrisome result. “My mold assessment led me to advise the tenants to vacate the apartment,” says Hugh Johnson. Johnson is the owner of “Inspect Key West.” He’s […]

Jan 032016
Peary Court Deal Already Raising Eyebrows...

  Commentary by Naja and Arnaud Girard……. **UPDATE Jan 5, 2015 6:15 pm**  City Manager pulled the item from the agenda… ~~~~~~~ Surveyors hired by the City want $29,116 for travel, meals, and hotel expenses to inspect the housing units at Peary Court.  The survey is part of the due diligence process associated with the […]

Dec 112015
City Should Hire Expert Accountant and Attorney in Field of Large Scale Real Estate Transactions

​Dear Editor, ​As a retired real estate developer,​ I find there are many outstanding questions about the Peary Court purchase​.​ If the average rent, as mentioned in the Citizen, is approximately $2400 (which is not affordable housing rent), how does the purchaser (city) know whether if the rents ​w​ere lowered to make them conform to […]

 December 11, 2015  Posted by at 1:10 am Issue #144, Letter to the Editor 1 Response »
Nov 082013
BASE COMMANDERS CRIED FOUL!  The Sale of Peary Court, A Look Behind the Scenes

by Naja and Arnaud Girard……. Balfour Beatty, the giant military housing contractor, will soon play its last card in the game of not paying Monroe County $ 11.5 Million in back property taxes.  On November 20th in Key West Balfour’s attorneys will try to convince Judge David Audlin that Florida and federal law exempt private […]

Nov 082013
TWENTY YEARS LATER:  Was Harry Powell Right?

by Dennis Reeves Cooper……. NOTE: For years, the large piece of undeveloped Navy property at White Street and Palm Avenue was used as a park by Key Westers. So when the Navy announced that the property, known as Peary Court, was to be developed for military housing, many locals protested. They argued that the Navy […]

Jul 122013
PEARY COURT:  One Human Family or Gated Community?

by Naja and Arnaud Girard……. Is Key West destined to become a patchwork of exclusive gated communities?  If you believe what White Street Partners is saying there is no such plan brewing for the military housing property at Peary Court.  The soon-to-be owners of Peary Court spared no effort trying to convince the audience at […]