@freecondo
that's a bodega... all other answers below are wrong. 100%... that's a bodega. Deli is close... but a deli allocates more of it's sq footage to selling foods that aren't prepackaged.
This Oct
@SCOTUS
will take our
#takings
lawsuit marking the beginning of the end of rent control in NYC.
The 2019 laws are obviously illegal. You can't ask one industry to provide subsidized housing for an entire city.
All taxpayers should carry the burden of housing the poor.
DSA members are socialists who love terrorists. We must vote them out. They are killing NYC
Historic low turnout. Less than 10 min in and out in nearly every district
If you live in one of these districts, please vote and then text your family/neighbors/co-workers to vote
NYC housing court system is broken.
My tenant didn't show up because she was "going to get the rent money." She had a GAL and the GAL was there.
Because the tenant wasn't there, we couldn't do anything and the judge made us get a new date. The next available date for a
Why are the leaders of Hamas living in Qatar ....
and why is the government of Qatar donating billions of dollars to US universities....
and why are these US universities taking these donations?
Taking back our city starts this week.
DSA members are socialists who support terrorists. We must vote them out.
It's criminal that the NYC Dem party allows them to run as Dems. They aren't Dems. They don't share Dem values.
There are no lines at the voting polls this week.
LOL at this article. They simply should have said... "The D party has no viable challenger to a damaged Eric Adams"
How pathetic for our City that this is the list of people from the Dem party.
"Who Will Challenge Eric Adams for Mayor? An Early Guide"
NY lost companies that manage more than $1 Trillion in assets.
NYC is no longer a competitive place to do business. The exodus will continue.
(note that 1,000 people per day are moving to Florida.... it's not hard to figure out why)
via
@business
I have a 3 bed apt in Manhattan that has been vacant for 4 yrs.
Previous tenant lived there for 80 yrs.
To bring the apt to code, de-lead, and renovate will cost over $150k.
The rent laws require that I rent the apt for less than $500/m. It's madness.
Today SCOTUS denied cert to two rent stabilized cases. They have issues with the laws but felt these weren't the right cases.
This is really bad news for NYC tenants, landlords, and banks.
Not sure how NYCB survives this.
A founding member of the DSA just quit. Others will follow.
It's about time they finally realized who they've been helping.
All DSA members (and those who are DSA adjacent) should be expelled from the Dem party today.
What could we possibly be waiting for?
@GovKathyHochul
Rent control is killing NYC. It's time for SCOTUS to put an end to the illegal practice. Forcing me to rent my 3 bedroom apt for $500 is asinine.
"If Supreme Court nixes NYC rent control, tenants AND landlords would be better off" via
@nypost
The rent control laws in NYC are broken. Why does this person deserve a protected rent?
Housing policies that provides discounted apartments to a wealthy person don't make sense.
The laws are broken.
Why is our government so poorly run? I think it's because we've elected the wrong people.
It’s taking NYC over a year to fix up vacant public housing units, report shows
via
@gothamist
SCOTUS is going to take this case and they are going to blow up the current (illegal) rent regulation scheme in NYC.
The far left has gone too far. The Judicial branch will put them in their place. The 5th amendment matters.
Curious that NYCB was able to survive another day. They are victims of ridiculous rent laws.
I'm not sure how many more people/businesses need to go bankrupt before NY legislators will finally admit the rent control laws in NYC go too far.
@GovKathyHochul
@AndreaSCousins
A well written article about the current state of rent control laws in NYC.
SCOTUS is going to take this case and change the way the system works. It's absurd that current laws require that the most I can rent my vacant 3-bed apartment in Manhattan is less than $500/month.
I
Rent control laws throughout the country are illegal.
I'd bet that SCOTUS agrees with me.
We'll find out soon enough.
It is wrong to ask one industry group to shoulder the entire burden of housing the poor. The costs should be born by all tax payers.
I agree! Rent control is out of control.
"Of all the hundred's of cert petitions that have come to SCOTUS over the summer and are now ready for consideration at the justices’ conference, the biggest involve NYC’s decades-old rent-control regime."
Another building trade that proves
@bradlander
@NYCComptroller
is lying about building values not going down.
826 Crown St was bought in 2018 for $11.4M. It just sold for $4.8M - down almost 60% from the time of purchase and down more than 60% from the date of the 2019 rent
NYC rent control laws are broken. They just don't work. Expenses are guaranteed to grow faster than revenues.
If your bldg doesn't have at least 20% market rate units it's going to go bankrupt
Cut and run: Rent-stabilizelandlord sells at 44% haircut
We live in the most corrupt and worst run city in the country. De Blasio is a loser. This $475k fine is nothing to him... he and his wife stole millions.
I'm still not willing to register as an R.
In NYC the winners of the Dem primary are often the winners of the election... and one must be a Dem to vote in the primaries.
So, in the primaries I will continue to vote for the most moderate D candidate and in the general I will
IT’S OFFICIAL: My wife and I have switched our party affiliation from Democrat to Republican!
Ppl have long been asking, “Dov, when are you gonna leave the Democratic Party?”
Well, the time has come bc the Dems have turned their back on Jews & Israel, so it’s officially done!
@nydems
When did my Dem party become the party of lies?
Why are you running a campaign based on disinformation?
Why aren't you talking about all of the good policies and regs you've passed that are making NY great? The reason... you can't... NY is getting worse. We all know it.
@GovKathyHochul
I'll never regret that I voted for Lee yesterday.... now, I'm going to spend the next 9 days getting my friends and family to do the same.
People are leaving NY in record numbers and you are still claiming that they are over-reacting. It's gross... really gross.
@NYCComptroller
The report shows that 42,860 rent stabilized apartments are forced to be kept vacant by the stupid law passed in 2019.
42k... it's absurd that you aren't beating down the doors in Albany demanding a change to the law.
I have a vacant 3 bedroom apartment. It needs $75k of 1/
SCOTUS is going to take the case regarding NYC rent regulations. And when they do, landlords will finally get some relief.
NY politicians have passed laws that are illegal.
Not only will rent regs change forever from this case, but NY will pay billions to landlords in just
NY's 1st quarter income was down $7B while our spending was up $9B... and no one seems to care.
The far-left loons who are currently in charge have no idea what they're doing. This doesn't end well for NY.
No wonder people and businesses are fleeing NY in record numbers.
@MauriceWFP
@KathyHochul
@DelgadoforNY
@NYWFP
Only 25% of black boys in NYC read at grade level. Dems have completely failed black kids. It's disgusting.
Dems control all branches of government. They control the school boards. They control all of the unions (including the teachers union).
How can you support these Dems?
@erik_engquist
@warhol518
@sethhaberman
@jaymart222
Here's the data of an actual building in the Bronx.
Bought for $20.3M in Feb 2018.
Sold for $12.8M in April 2023. (it's probably worth $11M today - interest rates and new laws hurt values even more)
Below is what their property tax history looks like over the 4 years of
@ViralNewsNYC
I own a 22 unit building in the Bronx. It's 100% rent stabilized.
I have one tenant who owes me $70k. Another owes me $60k. And another owes me $50k.
All have been in housing court for years.
Why am I being asked to carry this burden?
How is this legal in America?
@AnneMcCloyNews
@GovKathyHochul
@CBS6Albany
1,100 people move to FL every day
1,000 people move to TX every day.
It's not hard to figure out why taxpayers are leaving NY in record numbers.
Business owners are vilified.
Taxpayers are mocked.
NY must reverse course. We must become business/taxpayer friendly.
Landlords have been forced to keep 25,000 units vacant because of the 2019 rent laws. We have a housing crisis. We need to get these units back on the market and rented to low income people.
We continue to ask politicians to allow us to raise the rent to the section 8 voucher
Looks like NYCB will go out of business today. I feel terrible for the employees there.
The NYC rent laws don't work. Owners can't pay their mortgages. The laws must change.
How many more people/businesses need to go bankrupt before politicians will admit they went too far?
@sfmcguire79
@Columbia
@BarnardCollege
@TeachersCollege
I don't want a task force. I want anti-semites fired.
We all know they aren't going to fire anyone... so we must defund these schools. No more charitable contributions and certainly no more tax dollars.
If they want to allow anti-semites to teach our kids then fine..but they
@MarkLevineNYC
Only 25% of black boys in NYC read at grade level. What percent of your 21,700 tweets have been about improving our schools.
Dems have been in charge of our school from top to bottom for years. We spend over $40k student/year (more than nearly all private schools in the country)
@CabanD22
Just change the laws. It's that simple. When apartments become vacant landlords should be able to raise the rent.
I have a vacant 3-bed. The most I can charge is $500/month. The previous tenant lived there for 80 years.
It's absurd housing policy to require me to rent for $500.
@MarkLevineNYC
"Normalizing bigots in heart of NYC. Disgusting."
Still no comments from you about VocalNY and the tax dollars they get? The left in NY is literally funding bigotry.
@GovKathyHochul
Taxpayers and businesses are moving out in record numbers.
People don't want to be here. They want to be in FL and TX (both are seeing record increases in new business formations and new move-ins).
NY is no longer competitive. Dems have vilified business owners for too long.
Oct 7th was a terrible day.
Let's make Nov 7th a great day.
DSA radicals support terrorists. Early voting is going on now. Vote these hateful people out of power by Nov 7th.
The corruption in NYC has just hit an all-time high. There is no reason to settle this case for this kind of money. No way.
We must rally. We must stop these elected officials who are ruining what was the best best city in the world.
via
@nypmetro
@JabariBrisport
They would be attracting businesses and our vacant office space would be filling up.
And... they would lower our ridiculous taxes.
1,100 people move to Florida every day. NY is no longer competitive.
Every race in NYC is winnable.
We must rally the vote. This means we have to speak with our family/friends/neighbors/co-workers.
Historically I would have never discussed elections with people. Now, it's a must.
Voter turnout is so low this year.. go vote!
8 days of early voting done and only a paltry 67k total votes so far across whole city.
Many don’t even know there is a general election for City Council.
If Dems don’t start showing up we will lose seats.
Vote Sund (early voting) or Tue (election day).
We will see more of this unfortunately.
It just doesn't make sense that it takes 2 or 3 years to evict a non-paying tenant. Eventually, some people will just snap.
Do you stand against Hamas?
Do you live in southern Manhattan's district 1?
Then go vote against this maniac Christopher Marte. He had no business having any power in our City.
Please vote for Helen and restore some dignity to NYC.
NYC Council Member Christopher Marte (
@nycdistrict1
) thinks Hamas’ murder, rape, defiling corpses, beheading babies, and pulling babies out of their mother’s wombs is a joke.
He refused to answer a single question about Hamas’ slaughter of Jews on October 7. Watch him laugh and
NYC has lost its way. We've voted in the most incompetent people.
Rikers: over $500k per inmate per year (normal is $45k) and it's still the worst prison in the US.
Public schools: spend $38k per year per student and only 25% of black kids read at grade level...
Housing:
HUD just released $113 million in new funding for housing vouchers.
California got $37mm.
Texas got $33.8mm.
No other state got >$4.8mm. New York got <$1.9mm. Ohio got just $29k.
Apparently the funding is to reward "high-performing public housing agencies."
Jobs and taxpayers are leaving NY in record numbers. I don't understand how any taxpayer could vote for Hochul. I get why non-taxpayers would vote for her (lots of free stuff), but taxpayers who vote for her aren't paying attention
If you think our taxes are high now, just wait
This is unbelievable!!!! What the hell are we doing?
I have apartments sitting vacant that I can't rent out because of asinine rent laws.... and these people are sleeping on the streets.
Why did sensible NY Dems ever yield to these far left ideologues? When will the rent
The Roosevelt Hotel NYC
100s of migrants are sleeping outside of the hotel due to no more rooms at the hotel. Some have been out here since 10 am . This is extremely dangerous, and NYC can't handle this migrant crisis.
🎥 by
@LeeroyPress
For licensing email
🔥MILEI WORKS A MIRACLE WITH RENTALS: housing supply soars after deregulation of the market in Argentina.
The latest published data indicate that supply soared by 200% in just 6 months and real rental prices have fallen by around 20% since then.
The landlord/tenant pendulum has swung too far in NYC. It shouldn't take me 3 years to get an eviction.
Additionally, there were no new building permits pulled in Manhattan last month. And landlords are taking existing units off the market.
Our housing crisis gets worse by
@MarkLevineNYC
BTW, I took my 4 family brownstone off the rental market... & nearly all my neighbors are in the process of doing the same. It's only going to get worse.
I'd rather my house rot from emptiness & incur that debt than rent it again under this current crop of vampire politicians.
@GovKathyHochul
We have ALL TIME HIGH vacancy in office buildings. The national vacancy rate for office is basically where it was pre-covid... but in NYC our vacancy rate more than doubled.
Business left and didn't come back.
Taxpayers left and aren't coming back.
@KathyHochul
@timesunion
LOL - Dem shill paper endorses Dem candidate (and you think this is newsworthy).... it's just so embarrassing.
Seriously... I'm embarrassed for you.
@NYSComptroller
@jaymart222
Jay... who could have guessed this is where we are headed. This is crazy.... It was so predictable.
NY state is no longer a viable place to run a business. Taxpayers and businesses are fleeing in record numbers.
Our City is run by idiots. Last election I voted straight ticket Republican for the first time in my life. Next election I will do the same (unless Trump runs then I'll leave that line blank) and encourage all to do the same.
NYC Republicans are further left than many
Some quick math. NYC is going to spend $225 million for 1,025 hotel rooms for illegal migrants for 36 months at a rate of $200 a night. That's about $220K per hotel room for a 3 year period which annualized to about $73K per year for just 1 room! This is sheer financial madness!
Most people have no idea the amount of paperwork/hoop jumping that NYC landlords are required to do. Every year it adds billions of dollars of unneeded overhead for providers of affordable housing.
Politicians can't even follow their own rules.
@brianpmangan
Did you catch Hochul's lie. "I walk the streets of NYC everyday."
Um, no you don't... oh, and by the way, when you do walk the streets of NYC you have armed bodyguards with you.
Don't pretend you know what it's like for the typical NY women when she's walking the streets alone.
@MrAndyNgo
Top cops in Portland need to stop putting their team at risk. There is no reason to send cops into a mob scene like this. The military should handle this, not local police.
@MondaireJones
The NY court of appeals ruled on this. 7 judges. All Dems.
The previous map was so remarkably bad... it was indefensible.
Don't blame this on Republicans. It makes us look bad.
The NY Dem party is at a crossroads. We should kick socialists out of our party. They nearly cost us the governor's race this year. Next time we won't be so lucky.
Socialists are not Democrats. They should have never been allowed in our tent.
@nydems
Families and businesses are leaving NY in record numbers. Tell us more about how Hochul is great for families?
25% of black kids read at grade level in NYC. Tell us more about how Hochul is great for families.
Subway crime is up 40% this year. Tell us more about how Hochul ....
@elisawine14
And after watching the Dem primary debate for governor tonight, I'm not convinced any of these candidates have what it takes to turn things around.
I may actually vote Republican. I'm tired of the soft on crime nonsense, I'm tired of bad schools, I'm tired of the taxes etc...
@yuhline
What is shameful is how out of touch the Dem party has become with taxpayers. We are tired of it. $50k per kid in public school? $600k per year for an inmate at Rikers?
Our taxes are sky high and our standard of living is worse. It's impossible to run a business here etc...
I found out yesterday that a tenant of mine has 15 active evictions in court.
Yes, she has 15 different apartments around the state that have filed evictions on her.
FML
"Existing rent-stabilized units are going off the market as they turn vacant because landlords can’t afford to bring them up to code."
The new laws are crazy. I own a vacant 3-bed. The law says that I can only rent it for $500/month. The previous tenant lived there for 80 yrs.
@The_Jerf
nope... I'll never get the money back.
After I spend the $150k the unit is still rent stabilized. This means that the expenses for that unit will grow faster than the rent increases.
Under the current laws, I will never break even on this...
Never.
@GovKathyHochul
Our economy is nearly the worst in the country. High taxes, ridiculous regulations, unfair courts, skyrocketing crime etc... why would anyone want to start a company here or expand their current one. NY is no longer competitive.
How is it reasonable for a judge to give a person who hasn't paid a dime of rent for 3 years more time to come up with the rent?
How housing courts are broken.
Note. If rented at $500/m it will be rent stabilized. The costs to run the unit (property taxes, repairs etc) is $1,400
5% inflation means the $1,400 will be $1,470 next yr
So, the RGB will need to give me a 14% increase to break even.
The most they've ever given is 4.5%
Hochul gave Micron $611k per job. No Dems care.
Amazon was coming to Queens and was going to get $120k per job (and Amazons jobs pay more). Dems freak out.
Hochul is the worst. I can't wait to vote her out.
via
@nypost
New poll from Emerson is not good. Hochul by 8 points.
Zeldin backers must organize. We must explain to our contacts why Zeldin is the obvious choice. I've never organized like this before and I've been really surprised how many people weren't planning to vote.
Zelding can win!