Huffington Magazine Issue 73 | Page 48

PRISONERS OF PROFIT in Miami-Dade County, who has followed YSI for more than a decade. “They’re scrupulous with individual employees, but a corporation can have this corporate rap sheet, and it’s no problem. They can get contracts.” GOVERNMENT POCKETS Before James Slattery came to embody the for-profit corrections business, he built a career in another industry that thrives on high occupancy rates: hotels. A graduate of St. John’s University in Queens, N.Y., Slattery worked for the Sheraton Hotel corporation beginning in the 1970s. While working at a hotel in Queens, Slattery became close to his boss’s son, Morris Horn. The two joined forces with other investors to start a property management company, buying up older hotels across New York City. But as New York’s real estate market dried up in the 1980s amid fears of crime, Slattery and his business partners began searching for more rewarding pursuits. They discovered the growing — and lucrative — world of doing business with the government. With President Ronald Reagan HUFFINGTON 11.03.13 in office, the 1980s marked one of the first major movements toward the privatization of government services. Outsourcing government functions to private companies was widely embraced as a means of seeking taxpayer relief. His administration and some in Congress floated the idea of privatizing U.S. Customs inspections, electrical power utilities and, eventually, the management of federal prison systems. In New York City, property owners learned that if they opened up their buildings to growing numbers of homeless people and families on welfare, they could capture local and federal anti-poverty dollars — a steady stream of revenue. So-called welfare hotels proliferated, becoming de facto warehouses for people grappling with mental illness, drug addiction and extreme poverty. The hotels were among the most squalid buildings in the city, racking up hundreds of code violations. Slattery’s company managed a particularly notorious example, the Brooklyn Arms, a once-lavish hotel across from the Brooklyn Academy of Music that had deteriorated into a ramshackle blight on the neighborhood. The property was infested with rodents and cockroaches, and some rooms lacked running water.