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| Economy |
| Parts Of NYC Rife With Empty Apartments; Real Estate Experts Say Pandemic Causing Buyers And Renters To Reevaluate Priorities |
| 2020-06-21 |
| Posted by:g(r)omgoru |
| #13 We have a reverse circle of virtue now. Companies didn't do telecommuting because commercial property was relatively cheap and certain addresses were snazzy. Software companies didn't invest much in teleconferencing software because here wasn't much money there. Now, teleconferencing is super hot and office space is icky. This particular rubber band probably won't snap back. |
| Posted by: M. Murcek 2020-06-21 16:03 |
| #12 Yes, it's all the pandemic's fault. And yes, I realize with restaurants, bars and entertainment venues shutting down, there's literally no reason to stay in that shithole. Wait 'til Wall Street firms decide to shut down operations there. |
| Posted by: charger 2020-06-21 13:48 |
| #11 NYC Violent Spree: 22 people shot in 2-day span, NYPD reports Of course they're just amateurs 60 shot, nine fatally, so far this weekend in Chicago. |
| Posted by: g(r)omgoru 2020-06-21 12:45 |
| #10 I have a friend on 10th Avenue; she says that's the only area of Manhattan that didn't get trashed. I think she's staying put, at least for now. |
| Posted by: Raj 2020-06-21 11:04 |
| #9 /\ Hopefully not but I fear they may ruin the Volunteer State like Californians are trying to ruin Texas. Don't you love hypocritical Libs fleeing high-tax areas? |
| Posted by: Clem 2020-06-21 08:34 |
| #8 Here in rural East Tennessee we have seen multiple citizens of New York have traveled here to purchase homes with land. I just hope they don't vote like they did in New York. |
| Posted by: Deacon Blues 2020-06-21 08:26 |
| #7 First Bernie Madoff and now this! Oy vey iz mir ! |
| Posted by: Besoeker 2020-06-21 08:17 |
| #6 All those property owners are in Miami, on the phone to their cut rate lawyers in Newark, who are promising to "get on it right away." |
| Posted by: M. Murcek 2020-06-21 08:12 |
| #5 Cue the theme from The Jeffersons. |
| Posted by: Slineth Elmeagum8946 2020-06-21 08:07 |
| #4 Expect squatters in 5 .. 4 .. 3. Any bets on how how the liberal beliefs of the usual populace of these districts will be influenced by such an exposure to the downtrodden? |
| Posted by: g(r)omgoru 2020-06-21 07:53 |
| #3 They'll have to lower prices and let the 'riffraff' in. Of course, government won't lower property taxes to match the downturn. Neither will they allow the top tier to be the number used if they reinstitute rent control to 'attract' renters back. |
| Posted by: Procopius2k 2020-06-21 07:46 |
| #2 My idea of hip is mowing my lawn. |
| Posted by: M. Murcek 2020-06-21 03:11 |
| #1 A pity for the landlords, but New York City’s government has worked hard to get swiftly emptying coffers. |
| Posted by: trailing wife 2020-06-21 02:51 |