15,000 empty apartments in Manhattan.

[sealybobo]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

It is way too expensive to live in nyc. People who worked in nyc but now work from home have moved to places where their salaries go a lot further.

Shuli on the Howard stern show moved to Alabama. With what he makes he’s rich in Alabama. If you can work from home why live in a city where $100,000 a year is not a lot?

And whose fault is that?

You jack up taxes, jack up regulations, jack up housing policy, jack up the police so that crime is everywhere, which increases costs on the city.... and then you say "It's too expensive to live there" as if that just fell out of the sky randomly.

No it didn't. Bad policies caused this.

And by the way, they could have had thousands of well paying jobs in NYC when Amazon built an HQ there, but AOC drove them out. Brilliant.

Hey, if you want to live or do business in ny you have to pay. Otherwise go to Alabama. Use their ports and tear up their roads.

 

[Augustine_]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

The right loves "trickle down." You'll even claim to love the economic disaster that "trickles down" from the Trumptard war on American cities.

 

[candycorn]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Some people in Manhattan can afford multiple houses. It's an unfamiliar concept for most red states....unless the houses have wheels.
When the city locks down, there is little reason to continue living there and paying rent on an apartment. Once it opens back up completely, the city will once again be the envy of every red state low-life.

Unlikely. First off, I can't hardly find any red-state person, of left-wing or right-wing ideology, that envies NYC.

Sure they do. Its the financial, cultural, and media capitol of the nation. A nod to Hollywood on the cultural part.

Why would they move here, to get away from NYC, if they envied it?

Low wage non-union jobs set you up nicely in Tallahasse. Not Manhattan.

In fact, I haven't met a single person who has moved here, from NYC or California, who wanted to go back. I can think of 4 people of the top of my head, that moved to NYC or California, and moved back here.

That is what they tell you. Don't believe them.

 

[Andylusion]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

It is way too expensive to live in nyc. People who worked in nyc but now work from home have moved to places where their salaries go a lot further.

Shuli on the Howard stern show moved to Alabama. With what he makes he’s rich in Alabama. If you can work from home why live in a city where $100,000 a year is not a lot?

And whose fault is that?

You jack up taxes, jack up regulations, jack up housing policy, jack up the police so that crime is everywhere, which increases costs on the city.... and then you say "It's too expensive to live there" as if that just fell out of the sky randomly.

No it didn't. Bad policies caused this.

And by the way, they could have had thousands of well paying jobs in NYC when Amazon built an HQ there, but AOC drove them out. Brilliant.

Hey, if you want to live or do business in ny you have to pay. Otherwise go to Alabama. Use their ports and tear up their roads.

Well that's kind of my point. They are not, and they leaving.

People are leaving NYC. That's the point. This is true everywhere.

When France implemented their wealth tax... they said the same thing. "Hey, if you want to live and do business in France, you have to pay!"

and you know what happened????

Wealth tax is forcing 12,000 millionaires PER YEAR out of France

Edouard Philippe defended President Emmanuel Macrons' new tax break for the wealthiest, saying it is needed stem the increasing flow of the richest leaving France.

www.dailymail.co.uk

They left! They were packing up their wealthy, their businesses, and their families, and leaving.

Famously in Jamaica, when PM Manly passed all his socialist crap.... he said openly "There are six flights a day to Miami"... and people started taking the flights to Miami. They left.

You can't hurt the rich. Only yourself. It was poor people of Jamaica that end up dealing with the joblessness and high crime.

The rich left.

Same in NYC. The rich are leaving. The poor are stuck jobless, and victimized by the criminals.

So, yes.... they will leave.

 

[White 6]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Could the 15,000 empty apartments have anything to do with the 33,109 people dead, related to Govenor Cuomo's handling, particularly sending the recovering covid patients to the nursing homes, along with body bags?

 

[Andylusion]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Some people in Manhattan can afford multiple houses. It's an unfamiliar concept for most red states....unless the houses have wheels.
When the city locks down, there is little reason to continue living there and paying rent on an apartment. Once it opens back up completely, the city will once again be the envy of every red state low-life.

Unlikely. First off, I can't hardly find any red-state person, of left-wing or right-wing ideology, that envies NYC.

Sure they do. Its the financial, cultural, and media capitol of the nation. A nod to Hollywood on the cultural part.

Why would they move here, to get away from NYC, if they envied it?

Low wage non-union jobs set you up nicely in Tallahasse. Not Manhattan.

In fact, I haven't met a single person who has moved here, from NYC or California, who wanted to go back. I can think of 4 people of the top of my head, that moved to NYC or California, and moved back here.

That is what they tell you. Don't believe them.

Right... so your basic argument here is "everyone else on the planet is lying, but me without any evidence or support, is right".

You'll forgive me if I find that to be a weak argument.

I am a bit more likely to believe people who I've known for years, and see how they live, and what they consistently say, over the self appointed claimed omniscient forum poster.

My last company had started in California. They moved their headquarters to Texas, and they purchased a company that operated here in Ohio, moved all of their processing to the Ohio facility, and then closed their California branch.

Number one concern? Tax and regulations in California.

Another company before that, moved their processing facility to Boston, and then opened up a new facility here in Columbus Ohio. Reason? Cost.

A had a lady who got a degree in Architecture, move to California, because of the higher pay. She got there, and with the higher wages, lived more impoverished than she did here in Ohio for a lower pay.

In her own words, she lived in a rented house, with SIX other people, and splitting the rent six ways, she had almost nothing left after taxes.

Between the taxes and the rent, she was poor... with a four year degree in architecture.

She moved back to Ohio, and with a pay cut, has her own apartment.

So.... not seeing it. Just not seeing it.

The only people who care so much about the absolutely pointless reputation of NYC as being "financial, cultural, and media capitol of the nation" are just other left-wingers that want to pat themselves on the back about it.

No one else cares. Do you really think that people living six to a house, and have nothing to show for their work, care about it being the Financial, cultural, and media capital of the nation? No. They care about being poor, while working hard, and losing all their money in taxes. They care about not having riots and looters, destroying what little they have.

They come to Ohio, and live better than they ever did in NYC, and never think twice about nonsense like how Columbus Ohio isn't a financial, cultural, media capital of the country.

 

[Andylusion]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Could the 15,000 empty apartments have anything to do with the 33,109 people dead, related to Govenor Cuomo's handling, particularly sending the recovering covid patients to the nursing homes, along with body bags?

Doubt it. Part of it has to do with the fact people are leaving the city because of taxes, and part of it has to do with rent controls, that make renting out apartments un-profitable.

A lot of people forget that just a year or more ago, they started enforcing rent control on a wider selection of apartments, and in many cases, this makes it unprofitable to rent them out.

 

[candycorn]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Some people in Manhattan can afford multiple houses. It's an unfamiliar concept for most red states....unless the houses have wheels.
When the city locks down, there is little reason to continue living there and paying rent on an apartment. Once it opens back up completely, the city will once again be the envy of every red state low-life.

Unlikely. First off, I can't hardly find any red-state person, of left-wing or right-wing ideology, that envies NYC.

Sure they do. Its the financial, cultural, and media capitol of the nation. A nod to Hollywood on the cultural part.

Why would they move here, to get away from NYC, if they envied it?

Low wage non-union jobs set you up nicely in Tallahasse. Not Manhattan.

In fact, I haven't met a single person who has moved here, from NYC or California, who wanted to go back. I can think of 4 people of the top of my head, that moved to NYC or California, and moved back here.

That is what they tell you. Don't believe them.

Right... so your basic argument here is "everyone else on the planet is lying, but me without any evidence or support, is right".

You'll forgive me if I find that to be a weak argument.

I am a bit more likely to believe people who I've known for years, and see how they live, and what they consistently say, over the self appointed claimed omniscient forum poster.

My last company had started in California. They moved their headquarters to Texas, and they purchased a company that operated here in Ohio, moved all of their processing to the Ohio facility, and then closed their California branch.

Number one concern? Tax and regulations in California.

Another company before that, moved their processing facility to Boston, and then opened up a new facility here in Columbus Ohio. Reason? Cost.

A had a lady who got a degree in Architecture, move to California, because of the higher pay. She got there, and with the higher wages, lived more impoverished than she did here in Ohio for a lower pay.

In her own words, she lived in a rented house, with SIX other people, and splitting the rent six ways, she had almost nothing left after taxes.

Between the taxes and the rent, she was poor... with a four year degree in architecture.

She moved back to Ohio, and with a pay cut, has her own apartment.

So.... not seeing it. Just not seeing it.

The only people who care so much about the absolutely pointless reputation of NYC as being "financial, cultural, and media capitol of the nation" are just other left-wingers that want to pat themselves on the back about it.

No one else cares. Do you really think that people living six to a house, and have nothing to show for their work, care about it being the Financial, cultural, and media capital of the nation? No. They care about being poor, while working hard, and losing all their money in taxes. They care about not having riots and looters, destroying what little they have.

They come to Ohio, and live better than they ever did in NYC, and never think twice about nonsense like how Columbus Ohio isn't a financial, cultural, media capital of the country.

I'm sure some people like the Bob Evans over off of Woody Hayes drive for all of their dining options. LOL.

Others...not so much.

 

[Elton]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Some people in Manhattan can afford multiple houses. It's an unfamiliar concept for most red states....unless the houses have wheels.
When the city locks down, there is little reason to continue living there and paying rent on an apartment. Once it opens back up completely, the city will once again be the envy of every red state low-life.

That seems like a rather bigoted statement. I thought liberals were not supposed to be that way?

 

[candycorn]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Could the 15,000 empty apartments have anything to do with the 33,109 people dead, related to Govenor Cuomo's handling, particularly sending the recovering covid patients to the nursing homes, along with body bags?

Its an apartment. Lots of people have an apartment in town and actually live out on the Island, Jersey, etc... When you are not going into the office because of the lockdown...there is little reason to maintain the apartment. I'm sure Cuomo's botching of the response has something to do with it also.

 

[Crepitus]

In central plug, concealed in shrubbery, is a large rubber plug.

Pull it and the city sinks into the sea.

Whoops......I think the quest I just started will destroy every shrub in the park!

Just think, all those liberals coming to a suburb near you....

 

[MarathonMike]

In central plug, concealed in shrubbery, is a large rubber plug.

Pull it and the city sinks into the sea.

Whoops......I think the quest I just started will destroy every shrub in the park!

Just think, all those liberals coming to a suburb near you....

Bite your tongue!

 

[White 6]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Could the 15,000 empty apartments have anything to do with the 33,109 people dead, related to Govenor Cuomo's handling, particularly sending the recovering covid patients to the nursing homes, along with body bags?

Doubt it. Part of it has to do with the fact people are leaving the city because of taxes, and part of it has to do with rent controls, that make renting out apartments un-profitable.

A lot of people forget that just a year or more ago, they started enforcing rent control on a wider selection of apartments, and in many cases, this makes it unprofitable to rent them out.

Actually, I've heard and sure you are correct, but threw that post out there cause I still got a bug up my ass over that Gov sounding like the voice of reason back in his little briefings, while making deadly policy without thinking.

 

[Andylusion]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Some people in Manhattan can afford multiple houses. It's an unfamiliar concept for most red states....unless the houses have wheels.
When the city locks down, there is little reason to continue living there and paying rent on an apartment. Once it opens back up completely, the city will once again be the envy of every red state low-life.

Unlikely. First off, I can't hardly find any red-state person, of left-wing or right-wing ideology, that envies NYC.

Sure they do. Its the financial, cultural, and media capitol of the nation. A nod to Hollywood on the cultural part.

Why would they move here, to get away from NYC, if they envied it?

Low wage non-union jobs set you up nicely in Tallahasse. Not Manhattan.

In fact, I haven't met a single person who has moved here, from NYC or California, who wanted to go back. I can think of 4 people of the top of my head, that moved to NYC or California, and moved back here.

That is what they tell you. Don't believe them.

Right... so your basic argument here is "everyone else on the planet is lying, but me without any evidence or support, is right".

You'll forgive me if I find that to be a weak argument.

I am a bit more likely to believe people who I've known for years, and see how they live, and what they consistently say, over the self appointed claimed omniscient forum poster.

My last company had started in California. They moved their headquarters to Texas, and they purchased a company that operated here in Ohio, moved all of their processing to the Ohio facility, and then closed their California branch.

Number one concern? Tax and regulations in California.

Another company before that, moved their processing facility to Boston, and then opened up a new facility here in Columbus Ohio. Reason? Cost.

A had a lady who got a degree in Architecture, move to California, because of the higher pay. She got there, and with the higher wages, lived more impoverished than she did here in Ohio for a lower pay.

In her own words, she lived in a rented house, with SIX other people, and splitting the rent six ways, she had almost nothing left after taxes.

Between the taxes and the rent, she was poor... with a four year degree in architecture.

She moved back to Ohio, and with a pay cut, has her own apartment.

So.... not seeing it. Just not seeing it.

The only people who care so much about the absolutely pointless reputation of NYC as being "financial, cultural, and media capitol of the nation" are just other left-wingers that want to pat themselves on the back about it.

No one else cares. Do you really think that people living six to a house, and have nothing to show for their work, care about it being the Financial, cultural, and media capital of the nation? No. They care about being poor, while working hard, and losing all their money in taxes. They care about not having riots and looters, destroying what little they have.

They come to Ohio, and live better than they ever did in NYC, and never think twice about nonsense like how Columbus Ohio isn't a financial, cultural, media capital of the country.

I'm sure some people like the Bob Evans over off of Woody Hayes drive for all of their dining options. LOL.

Others...not so much.

Doesn't change anything I said.

 

[candycorn]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Some people in Manhattan can afford multiple houses. It's an unfamiliar concept for most red states....unless the houses have wheels.
When the city locks down, there is little reason to continue living there and paying rent on an apartment. Once it opens back up completely, the city will once again be the envy of every red state low-life.

Unlikely. First off, I can't hardly find any red-state person, of left-wing or right-wing ideology, that envies NYC.

Sure they do. Its the financial, cultural, and media capitol of the nation. A nod to Hollywood on the cultural part.

Why would they move here, to get away from NYC, if they envied it?

Low wage non-union jobs set you up nicely in Tallahasse. Not Manhattan.

In fact, I haven't met a single person who has moved here, from NYC or California, who wanted to go back. I can think of 4 people of the top of my head, that moved to NYC or California, and moved back here.

That is what they tell you. Don't believe them.

Right... so your basic argument here is "everyone else on the planet is lying, but me without any evidence or support, is right".

You'll forgive me if I find that to be a weak argument.

I am a bit more likely to believe people who I've known for years, and see how they live, and what they consistently say, over the self appointed claimed omniscient forum poster.

My last company had started in California. They moved their headquarters to Texas, and they purchased a company that operated here in Ohio, moved all of their processing to the Ohio facility, and then closed their California branch.

Number one concern? Tax and regulations in California.

Another company before that, moved their processing facility to Boston, and then opened up a new facility here in Columbus Ohio. Reason? Cost.

A had a lady who got a degree in Architecture, move to California, because of the higher pay. She got there, and with the higher wages, lived more impoverished than she did here in Ohio for a lower pay.

In her own words, she lived in a rented house, with SIX other people, and splitting the rent six ways, she had almost nothing left after taxes.

Between the taxes and the rent, she was poor... with a four year degree in architecture.

She moved back to Ohio, and with a pay cut, has her own apartment.

So.... not seeing it. Just not seeing it.

The only people who care so much about the absolutely pointless reputation of NYC as being "financial, cultural, and media capitol of the nation" are just other left-wingers that want to pat themselves on the back about it.

No one else cares. Do you really think that people living six to a house, and have nothing to show for their work, care about it being the Financial, cultural, and media capital of the nation? No. They care about being poor, while working hard, and losing all their money in taxes. They care about not having riots and looters, destroying what little they have.

They come to Ohio, and live better than they ever did in NYC, and never think twice about nonsense like how Columbus Ohio isn't a financial, cultural, media capital of the country.

I'm sure some people like the Bob Evans over off of Woody Hayes drive for all of their dining options. LOL.

Others...not so much.

Doesn't change anything I said.

I really have no problem with what you said. The facts speak for themselves. If nobody cared about the NYC being the financial, cultural, and media capitol of the nation, people wouldn't live there to start with. But they do.

I'm sure you'll have some moronic comment to make based on your narrow view of "somebody told me". Save it. I don't care.

 

[Andylusion]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Could the 15,000 empty apartments have anything to do with the 33,109 people dead, related to Govenor Cuomo's handling, particularly sending the recovering covid patients to the nursing homes, along with body bags?

Its an apartment. Lots of people have an apartment in town and actually live out on the Island, Jersey, etc... When you are not going into the office because of the lockdown...there is little reason to maintain the apartment. I'm sure Cuomo's botching of the response has something to do with it also.

Empty rentals was increasing BEFORE there was covid-19.

'Thousands' of rent-regulated units sitting empty, industry group says

Landlords of rent-regulated apartments are holding thousands of vacant units off the market as a result of changes to the rent laws that were passed by Albany legislators in June, an industry group claims. “We have been speaking with our members, and I am comfortable saying that the…

www.crainsnewyork.com

That was from 2019.

Covid-19 had nothing to do with it. Bad NYC policies did.

Why Nearly 600 City Owned Apartments Sit Empty

A look at a problematic program that began decades ago.

www.ny1.com

Only with left-wingers and bad policy can you have a housing crisis... and at the exact same time have literally thousands of empty apartments, some even owned by the city itself, all empty.

Left-wingers screw EVERYTHING up. And this is before they had a Covid problem.

The Covid botching.... is just another example that all left-wingers suck at EVERYTHING. Two completely separate problems, and they screw up both of them. And pretty much everything else too.

 

[Canon Shooter]

I inherited a condo about an hour north of the city when my aunt passed two years ago.

It needs a LOT of work.

I listed it at $199K, and a bidding war took it to $215K, as is.

People are so Hell bent on getting out of the city that they're paying over market value for properties within a commuting distance of Manhattan.

I have a friend who has an apartment in Chelsea. Normally, that apartment would rent for around $6,000 a month.

She can't get $2,500 right now.

I'm thinking it might be time to invest in some real estate. When Trump wins in November, the market's going to turn around...

 

[Andylusion]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

Some people in Manhattan can afford multiple houses. It's an unfamiliar concept for most red states....unless the houses have wheels.
When the city locks down, there is little reason to continue living there and paying rent on an apartment. Once it opens back up completely, the city will once again be the envy of every red state low-life.

Unlikely. First off, I can't hardly find any red-state person, of left-wing or right-wing ideology, that envies NYC.

Sure they do. Its the financial, cultural, and media capitol of the nation. A nod to Hollywood on the cultural part.

Why would they move here, to get away from NYC, if they envied it?

Low wage non-union jobs set you up nicely in Tallahasse. Not Manhattan.

In fact, I haven't met a single person who has moved here, from NYC or California, who wanted to go back. I can think of 4 people of the top of my head, that moved to NYC or California, and moved back here.

That is what they tell you. Don't believe them.

Right... so your basic argument here is "everyone else on the planet is lying, but me without any evidence or support, is right".

You'll forgive me if I find that to be a weak argument.

I am a bit more likely to believe people who I've known for years, and see how they live, and what they consistently say, over the self appointed claimed omniscient forum poster.

My last company had started in California. They moved their headquarters to Texas, and they purchased a company that operated here in Ohio, moved all of their processing to the Ohio facility, and then closed their California branch.

Number one concern? Tax and regulations in California.

Another company before that, moved their processing facility to Boston, and then opened up a new facility here in Columbus Ohio. Reason? Cost.

A had a lady who got a degree in Architecture, move to California, because of the higher pay. She got there, and with the higher wages, lived more impoverished than she did here in Ohio for a lower pay.

In her own words, she lived in a rented house, with SIX other people, and splitting the rent six ways, she had almost nothing left after taxes.

Between the taxes and the rent, she was poor... with a four year degree in architecture.

She moved back to Ohio, and with a pay cut, has her own apartment.

So.... not seeing it. Just not seeing it.

The only people who care so much about the absolutely pointless reputation of NYC as being "financial, cultural, and media capitol of the nation" are just other left-wingers that want to pat themselves on the back about it.

No one else cares. Do you really think that people living six to a house, and have nothing to show for their work, care about it being the Financial, cultural, and media capital of the nation? No. They care about being poor, while working hard, and losing all their money in taxes. They care about not having riots and looters, destroying what little they have.

They come to Ohio, and live better than they ever did in NYC, and never think twice about nonsense like how Columbus Ohio isn't a financial, cultural, media capital of the country.

I'm sure some people like the Bob Evans over off of Woody Hayes drive for all of their dining options. LOL.

Others...not so much.

Doesn't change anything I said.

I really have no problem with what you said. The facts speak for themselves. If nobody cared about the NYC being the financial, cultural, and media capitol of the nation, people wouldn't live there to start with. But they do.

I'm sure you'll have some moronic comment to make based on your narrow view of "somebody told me". Save it. I don't care.

That's dumb statement. Don't you see how dumb that is?

"If nobody cared about NYC being XXXXX then they wouldn't live there".....? Huh?

There are thousands of cities across the country, and people live in all of them. How many thousands of cities are not the financial, cultural, media capital of the nation, and have people living in them? Like.... all of them.... ?

But if you screw them up... people will leave.

Being a financial, cultural, and media capital means nothing.

People live there, because they can get a job there, and live a good life there.

The moment you eliminate one or the other, they leave. No one that ends up with a sucky life, is going to stay in NYC because it's a financial, cultural, media capital. No one.

You show me someone who can't get a job, or can't live a good life, that is choosing to stay in NYC because it's the "financial, cultural, media capital"... then I'll admit that means something.

No such person exists. The moment they can't afford to, or the moment it isn't profitable to, or the moment there is so much crime and violence it isn't worth it too.... they leave.

Think of Detroit. Detroit was at one time, THE place to be. It was the manufacturing capital of the country. Everything was built in Detroit. And it was also a cultural center as well, with Motown records, had 120 hit singles in the 1960s, including the Supremes, the Temptations, Stevie Wonder, Jackson 5, and on and on.

You realize that at one point in time, Detroit was considered to have the highest standard of living, in the entire country.

Now look at Detroit. Why didn't "highest standard of living, and best place to be in the country" work? Why didn't the reputation keep business and the citizens in Detroit?

Because reputation doesn't matter. Everything is dynamic. Nothing is static. Nothing is. NYC might be the Financial capital of the nation. That can change. NYC might be the cultural capital. That can change. NYC might be the media capital. That can change.

More bad policies, and socialists ideology, and in 20 years we could very well be talking about NYC the way we talk about Detroit today.

Nothing is static. Nothing is set in stone. You make New York City undesirable, and they will go the way of Detroit.

 

[sealybobo]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

It is way too expensive to live in nyc. People who worked in nyc but now work from home have moved to places where their salaries go a lot further.

Shuli on the Howard stern show moved to Alabama. With what he makes he’s rich in Alabama. If you can work from home why live in a city where $100,000 a year is not a lot?

And whose fault is that?

You jack up taxes, jack up regulations, jack up housing policy, jack up the police so that crime is everywhere, which increases costs on the city.... and then you say "It's too expensive to live there" as if that just fell out of the sky randomly.

No it didn't. Bad policies caused this.

And by the way, they could have had thousands of well paying jobs in NYC when Amazon built an HQ there, but AOC drove them out. Brilliant.

Hey, if you want to live or do business in ny you have to pay. Otherwise go to Alabama. Use their ports and tear up their roads.

Well that's kind of my point. They are not, and they leaving.

People are leaving NYC. That's the point. This is true everywhere.

When France implemented their wealth tax... they said the same thing. "Hey, if you want to live and do business in France, you have to pay!"

and you know what happened????

Wealth tax is forcing 12,000 millionaires PER YEAR out of France

Edouard Philippe defended President Emmanuel Macrons' new tax break for the wealthiest, saying it is needed stem the increasing flow of the richest leaving France.

www.dailymail.co.uk

They left! They were packing up their wealthy, their businesses, and their families, and leaving.

Famously in Jamaica, when PM Manly passed all his socialist crap.... he said openly "There are six flights a day to Miami"... and people started taking the flights to Miami. They left.

You can't hurt the rich. Only yourself. It was poor people of Jamaica that end up dealing with the joblessness and high crime.

The rich left.

Same in NYC. The rich are leaving. The poor are stuck jobless, and victimized by the criminals.

So, yes.... they will leave.

Then don’t expect America to be great again. Not if you are middle class. The middle class is struggling big time. Compared to our parents most of you are lower middle class actually.

The middle class is getting smaller. If you are securly in the middle class and doing well and you’re ok with a 20% cut to your social security, vote republican.

If you are going to need your social security, you’re a fool being a republican.

 

[Papageorgio]

Has the mayor figured out how to blame Trump yet ?

The number of empty rental apartments in Manhattan nearly tripled compared with last year, as more New Yorkers fled the city and prices declined.

There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected 14 years ago, the report said.

Manhattan rental market plunges, leaving 15,000 empty apartments in August

Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.

www.cnbc.com

It is way too expensive to live in nyc. People who worked in nyc but now work from home have moved to places where their salaries go a lot further.

Shuli on the Howard stern show moved to Alabama. With what he makes he’s rich in Alabama. If you can work from home why live in a city where $100,000 a year is not a lot?

And whose fault is that?

You jack up taxes, jack up regulations, jack up housing policy, jack up the police so that crime is everywhere, which increases costs on the city.... and then you say "It's too expensive to live there" as if that just fell out of the sky randomly.

No it didn't. Bad policies caused this.

And by the way, they could have had thousands of well paying jobs in NYC when Amazon built an HQ there, but AOC drove them out. Brilliant.

Hey, if you want to live or do business in ny you have to pay. Otherwise go to Alabama. Use their ports and tear up their roads.

Well that's kind of my point. They are not, and they leaving.

People are leaving NYC. That's the point. This is true everywhere.

When France implemented their wealth tax... they said the same thing. "Hey, if you want to live and do business in France, you have to pay!"

and you know what happened????

Wealth tax is forcing 12,000 millionaires PER YEAR out of France

Edouard Philippe defended President Emmanuel Macrons' new tax break for the wealthiest, saying it is needed stem the increasing flow of the richest leaving France.

www.dailymail.co.uk

They left! They were packing up their wealthy, their businesses, and their families, and leaving.

Famously in Jamaica, when PM Manly passed all his socialist crap.... he said openly "There are six flights a day to Miami"... and people started taking the flights to Miami. They left.

You can't hurt the rich. Only yourself. It was poor people of Jamaica that end up dealing with the joblessness and high crime.

The rich left.

Same in NYC. The rich are leaving. The poor are stuck jobless, and victimized by the criminals.

So, yes.... they will leave.

Then don’t expect America to be great again. Not if you are middle class. The middle class is struggling big time. Compared to our parents most of you are lower middle class actually.

The middle class is getting smaller. If you are securly in the middle class and doing well and you’re ok with a 20% cut to your social security, vote republican.

If you are going to need your social security, you’re a fool being a republican.

That’s why homelessness is higher in New York, California, Oregon and Washington. Democrats have made it impossible to buy a home in those state. The cost of property and rent are too high.