The Newtown Pentacle

Altissima quaeque flumina minimo sono labi

Archive for November 7th, 2019

anguished frenzy

with one comment

Cut and cover.

– photo by Mitch Waxman

Let’s say that a humble narrator announces a tour of the fabulous Newtown Creek, or a boat excursion to some remote corner of the harbor, and I end up taking a bath on the endeavor and lose money. Did I take a risk that didn’t pay off? When I’m talking about my empty right hand pocket, do I pretend that the roll of hundred dollar bills and the bag of assorted gem stones maintained in my left pocket doesn’t exist? What if my left hand pocket assets included billions and billions of dollars of Manhattan real estate? Can I just confess that I didn’t market the tour properly, or manage its costs competently, or proceeded with the operation under some rose colored ideation that it would sell out and make me richer than Croesus? Did I employ the services of a bunch of incompetents who are related to or friends with various political party officials, using my project as a patronage mill?

Or do I just blame the audience, accuse them of trying to get one over on me, and then go further in debt to hire a small army of armed guards with marching orders to generate revenue via fines and tickets because I can’t be losing money unless someone is stealing from me? Of course not, I’m not the MTA.

– photo by Mitch Waxman

The practice of blaming the ridership, accusing them of theft of service, pretending that your pocket is empty when in reality you are one of the biggest landlords in New York State… that’s the MTA. Need a few billion bucks? Maybe sell your office building on Jay Street in Brooklyn and move your operations to a less tony location in Nassau or Suffolk County, or maybe Westchester. I understand that Mount Vernon and Yonkers have several abandoned office parks which would be quite affordable to move your army of bureaucrats into. Still underfunded? How about selling off some of your investment properties in upper Manhattan while the real estate market is hot?

That, or you can just wait for the next video of a bunch of cops having a fist fight with teenagers over $2.75 to make the nightly news.

– photo by Mitch Waxman

Me? I’d let the Wall Street guys have a go at MTA. Let the bean counters in there to look for redundancy and cost savings through consolidations. Funny thing is, this would barely be felt by the Union people who actually keep the system running. MTA loves publicizing the fact that some shlimiel on the LIRR collected an outlandish amount of overtime pay, but never discusses the number of empty suits populating the office cubicles at their Jay Street HQ. I’d like to smash the system over there, where the subways are still operated as if the IND and IRT were distinct. There’s multiple bus companies, LIRR and Metro North have virtually zero interoperability… it goes on and on. The MTA real estate and property manager folks operate in shadow, with virtually zero public awareness of their shenanigans.

If NYC is an organism, with DEP the liver and kidneys, MTA operates the venous system. Arteriosclerosis is something I’m familiar with. The best treatment, long term, for this sort of disease vector is lifestyle change.


“follow” me on Twitter- @newtownpentacle


Come to the library!

In the Shadows at Newtown Creek – The Roosevelt Island Historic Society has invited me to present a slideshow and talk about my beloved Newtown Creek at the New York Public Library on Roosevelt Island, on November 14th, 6 p.m. Free event!

Click here for more information.!

Buy a book!

In the Shadows at Newtown Creek,” an 88 page softcover 8.5×11 magazine format photo book by Mitch Waxman, is now on sale at blurb.com for $30.

Written by Mitch Waxman

November 7, 2019 at 11:00 am

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