CalSTRS recently lost $100 million in a failed attempt to convert rent-controlled apartments at New York City's Stuyvesant Town to high-end luxury housing. CalSTRS has made a risky investment of $42 million in the 8 Washington Street Project which is far from a sure thing. Sign the petition and ask the investment committee to reconsider these investments which jeopardize teachers' retirement benefits.
Lorraine Honig, Retired Teacher started this petition with a single signature, and now has 396 supporters. Start a petition today to change something you care about.