What is odd here is that Truitt is running his pie-eyed cutout as an anti-development candidate. As you must be aware, Pasadena is one of the most miserable traffic glutted over-developed logistical nightmares in the San Gabriel Valley these days, so I am going to assume Truitt's research identified this as a popular campaign issue to run his boy on. But is Hosp's opposition to more SB375 style development glut in the Rotten Rose sincere? Considering the cynicism of the source, I highly doubt it.
Recently I was perusing the always interesting Pasadena Star News website. The PSN, as you know, now resides in a building owned by one of the preeminent developers in the state. Truitt, who loves placing ads for his candidates on that site, had one for Phil Hosp up there. Being an adventurous fellow I clicked on it and was immediately taken to the following column (link).
Yes, Ms. Chen's personal life is fascinating for us all. Her column goes on in this self-reverential way for about eight more paragraphs. There are also 11 reader comments attached, which are far more fun.
Since Ms. Chen does bring up the fact that both she and her homebody hubby are lawyers, I thought it would be far more interesting to discover what kind of pettifogger she might be. It didn't take too long to find out (link).
As many of you are certainly aware, Green Card mills and developers have an interesting symbiotic relationship. Here is an article that ran in the New York Times a while back that shed some needed light on the topic (link).
|Look into Phil's eyes|
But unlike many of her fellow classmates, Ms. Zhao came to the United States on a student visa. “A lot of students talked about how hard it was to get a job in New York and in the United States,” she said. “My parents heard that if I can get a green card, it would be easier for me to succeed.” So two years ago, Ms. Zhao’s parents invested $500,000 in a hotel project on Bryant Park, knowing that their investment could be parlayed into green cards for the family. Three months ago, their paperwork came through and the Zhaos became permanent residents of the United States.
While Ms. Zhao’s father has remained in Beijing, her mother joined her in the United States and is now renting a studio on Roosevelt Island and studying English. Investing in real estate projects in exchange for legal immigration status has become big business in New York City. Through a federal visa program known as EB-5, foreigners, more than 80 percent of them from China, are investing billions of dollars in hotels, condominiums, office towers and public/private works in the hope it will result in green cards.
Twelve-hundred foreigners have poured $600 million into projects at Hudson Yards; 1,154 have invested $577 million in Pacific Park Brooklyn, the development formerly known as Atlantic Yards; and 500 have put $250 million into the Four Seasons hotel and condominium in the financial district. The list of projects involving EB-5 investments also includes the International Gem Tower on West 47th Street and the New York Wheel on Staten Island.
There is a lot more for you to read. Click on the link to the NYT above to discover more. It is worth your while.
So is there a connection to be made here? Perhaps. Certainly there are some questions that need to be asked.
Here's one. Is Phil Hosp going to somehow make Pasadena into the pleasant tree lined California gem it once was? Don't make me laugh.