There may be influence to give sliwa a trump administration role so that adams can be sponsored by ny gop
If you live in NJ...
- Thread starter donnie_baseball
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People were seemingly rooting for NYC to fail and have a difficult time accepting that it never happened.
This runs contrary to Mamdani’s platform. If people can pay the exorbitant rents and vacancies are low, why do you need rent control. The market seems to be working fine.
NYC won’t collapse. That’s just an extreme position you take to try to prove a point. Net migration continues to decline though.
To prevent poor people from being priced out so they can stay in their home? Not even something I’d necessarily agree with, but the idea behind it isn’t that hard to grasp.
I’d be happy to revisit our old posts here where you were predicting doom for NYC during the pandemic and I was saying those fears were overblown and their tax revenue from income and tourism would rebound quickly. Turns out people still want to visit and live there same as they did before the pandemic.
As it has for decades because it is the most densely populated city in the country. They wouldn’t be able to sustain net inflows each year, but the outflows of covid are over and outflows were the lowest they have been in a decade last year. Outflows were higher when Guiliani was Mayor than they are today.
Those predicting the demise of NYC, and you were one of them, were wrong.
I haven’t read the detail of his policies but is he proposing rent control just for poor people? And I was just suggesting based on your statement about vacancies not being a problem.
The net migration continues to decline (along with California and Illinois) being the top three states.
I certainly didn’t as a business owner there. unless you’re .5%, it’s not a nice city to live in these days. It doesn’t feel as safe as before. Just an opinion.
I disagree that he answered it "fine". He emphatically has stood by his statement that he opposes Israel's right to exist as a Jewish state.
There is concern about this. If he were in fact obective.... he should say the same about Arab nations.
Pretty much all of his policies are for poor people, but yes. He wants to freeze rent on the stabilized units, not everyone.
Vacancies are near historic lows in NYC and rent continue to increase.
You keep citing that as the metric for being evidence of a problem for NYC. It’s not though. They aren’t going to have a boom like other developing parts of the country because there is no where for the people to go.
The debate was absolutely ridiculous that everyone on that stage needed to kowtow to israel. The mayor of NYC needs to make Israel their first foreign visit? Absurd. Focus on NY.
But Mamdani was consistent on this issue for any religious state.
“I’m not comfortable supporting any state that has a hierarchy of citizenship on the basis of religion or anything else”
So did he mention what those other states were? Did he mention any Islamic states? I think he's a pretty slick debater who dances on the edge of issues and never gives a full answer. Sometimes your posts remind me of that.
The reason is that people only focus on Israel for some reason… Did anyone ask him about any Arab states right to exist during that debate? Why not?
I’m not even a a fan of him. He’s far left of me, but the Islamophobia regarding him is gross.
It is not always Islamiphobic to criticize a Muslim. No more than it is always misoginistic to disagree with a woman; a Joy Reid for example.
Correct, there is plenty to criticize about his policies, but that’s not what is happening in this case. People are going after him because he doesn’t like religion governing Israel, but they don’t care that he doesn’t like religion governing anywhere.
They want to make it about his religion.
people are making a much bigger deal about his politics. Socialism. That he hates Israel is not as newsworthy even though it’s at best not nice
How do you feel about his policy of “taxing wealthy and white” communities?
So why rent control? The free market is working fine according to you.
You go right to extremes of using a “boom” as a comparison. There is room for population growth. NYC saw a sharp migration decline during the pandemic and while the net migration decline has slowed; it’s continued.
It will be interesting to see with the crackdown on illegal immigration, how that affects the population going forward.
As I have said several times in this thread, I’m not a fan of him or his policies.
What are you not getting? The free market raises rents because there isn’t enough supply in NYC to meet demand. Rents go up and people get priced out. Rent control aims to let people stay in their home. This is not a hard concept to grasp here.
I’m pointing out the other end of the spectrum. NYC is going to rarely see net inflows because it’s the most densely populated city. There is no room to attract a new industry and bring in tens of thousands of people from other states to work there. They haven’t had a net influx in decades. People live there, have kids who grow up and some leave.
You posted the “exodus” thread here years ago talking about the wealth leaving the state and called it unsustainable. You talked about the financial services and retail leaving the city etc… I know you won’t admit being wrong, but you were wrong.
The man is an antisemite..... criticizing him for that stance is not Islamiphobia.
Based on their statenents, even the likes of dems Dan Goldmman and Kristen Gillebrand would agree.
There is a difference between the Israeli government and Jewish people.
He has been vocal in his views opposing anti semitism many times.
Intifada? I assume you believe he successfully walked that back. Move along... move along....nothing to see hear.
Sorry.... there are two many warning signs that this guy is an antisemite with radical Communistic policies......trying to charm his way to power. Sadly.....he may very well succeed.
And if they get priced out they leave the market. According to you, no one is leaving.
Notable Examples of Companies That Have Left or Relocated Significant Operations:
- Goldman Sachs: While Goldman Sachs remains headquartered in NYC, they’ve expanded significantly in Dallas, Texas, where they are building a large campus expected to house thousands of employees. They’ve also increased operations in Salt Lake City.
- Elliott Management: The hedge fund moved its headquarters from NYC to West Palm Beach, Florida, in 2020.
- Icahn Enterprises: Carl Icahn moved his company’s headquarters to Florida from New York.
- Citadel: The hedge fund, led by Ken Griffin, moved its headquarters from Chicago to Miami, but Griffin had already been shifting parts of operations to NYC and Florida prior to that.
- Virtu Financial: While still based in NYC, Virtu has also expanded significantly in Florida.
- Taxes: High corporate and personal income taxes in New York compared to states like Florida and Texas.
- Cost of Living: Both for businesses and employees, NYC is among the most expensive cities in the U.S.
- Remote Work Trends: The pandemic accelerated flexible work models, making it easier for firms to decentralize operations.
- Business Environment: Some executives perceive cities like Miami, Austin, Dallas, and Nashville as more business-friendly, with fewer regulations and lower costs.
Context:
- NYC remains the global financial capital, with most major banks, private equity firms, and asset managers maintaining a significant presence there.
- Firms like JPMorgan Chase, BlackRock, Morgan Stanley, and Citi continue to be headquartered in NYC, although they, too, have increased operations in lower-cost cities.
- Some companies are not entirely “leaving” NYC but adopting a hybrid or distributed model with secondary hubs elsewhere.
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Omg this is embarrassing at this point. Do you believe everything AI tells you?
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What is there to dispute? The population is growing. Business is recovering.
new York City's private sector employment is at an all-time high, with the city adding 57,100 jobs in the past year, according to the Department of Labor
I think if you look at his comments in whole honestly, he’s a person who dislikes the Israeli government and how they treat Palestinians. You can disagree with his view, I don’t really care, but stretching that to say he hates Jewish people is a leap. I know plenty of Jewish people who share his view.
I’m not going to convince you, so it doesn’t really matter.
Never said that. People leave all the time, what I have said is that it doesn’t matter (economically) if people leave to NYC because there are plenty of people waiting to take their spot.
That was the point you argued years ago during the pandemic, that the people leaving was unsustainable. I told you at the time that did not seem correct. Time has proved you wrong here.
Net migration continues to decline. The decline during the pandemic was significant and it’s slowed, but it continues. Let’s see if that trend continues if these policies get passed.
Large Companies are moving operations out of NYC to remain competitive even if they have a corporate presence (office) there. The list proves that.
Adams has done a better job at addressing crime, but that can turn around quickly if Mandami gets elected.
He's never said the words you think he said. He's also not an antisemite. This was three years ago.
That hasn't stopped even establishment Democrats from spewing garbage like this, though.
Again, this is stuff Mamdani has never said. I feel like I'm losing my mind.
Is this like some sort of comedy skit? Oh look AI works the other way
Reasons for Moving to or Expanding in NYC:
- Access to Talent:
New York City boasts a highly skilled and diverse workforce, particularly in finance and technology.
- Strong Business Ecosystem:
The city provides a dynamic and supportive environment for businesses to grow and thrive.
- Financial Hub:
New York City is a global center for finance, attracting companies in the financial services industry.
- Access to Investors and Capital:
The city offers significant opportunities for startups and established companies to secure funding.
- Cultural and Lifestyle Benefits:
NYC's vibrant culture, entertainment, and lifestyle options make it an attractive place for employees.
No kidding…yes there are attractive factors and having a NYC address means something, but finance and tech are less likely to locate operations going forward (like many of the companies I listed).
My son-in-law works for a small tech company (started up five years ago - 300 employees). They scaled back NYC to executive offices only (6 people) and are virtual with outsourcing development to India). Can’t get talent that’s affordable to move or stay in NYC. Development especially has become a remote job.
He has an office in NYC, but commutes in from NJ one day a week. I know it’s anecdotal but that’s reality.
Tech is Driving the NYC Economy, New Report Finds
The Center for an Urban Future finds that 30 years after establishing a foothold, the industry could soon rival Silicon Valley in size.
www.thecity.nyc
It is adding the most jobs and especially well-paying positions. It is drawing billions in venture capital fueling hundreds of new firms. And it is providing jobs for New Yorkers in tech-related jobs across the city’s businesses.
Tech is Driving the NYC Economy, New Report Finds
The Center for an Urban Future finds that 30 years after establishing a foothold, the industry could soon rival Silicon Valley in size.
www.thecity.nyc
Time already told from your “exodus” predilections and you were wrong.
You thought it would be a problem because of tax revenue, but tax revenue is higher than ever, You thought tourism would be down, but that has recovered, you thought businesses would be leaving, but there are more people working in NYC than ever.
How many of the last 25 years do you think had a net domestic migration inflow in NYC?
It’s zero, so why do you think it’s a new trend and indicative of a problem?
It’s a long term problem merge IMO. There has been a net migration loss the last several years. I don’t see anything that will reverse that over the long term.
NYC will always be the financial capital of the world and tourism center, but there are troubling trends that are real. We shall see.
pretty soon he’ll be telling us NYC is in decline because tolls are down at the Bayonne Bridge.
How are you not getting this? It’s not a problem that there is a net migration out of NYC because there is literally always net migration out of NYC.
It’s the most densely populated city and more people are born than die every year in NYC. It’s like a cup you keep adding water to even though it’s full so it overflows. One year it goes down by 4% and then fills back up and you’re basically arguing it’s a problem that water is spilling out again.
“troubling trends”? tax revenue - up. Tourism - up. Crime - way down. Employment - up. Vacancy rates - down, real estate prices - up.
Pretty crazy to have to hunt around to find something that would be troubling despite all of that.
The trends from the pandemic ended years ago. The trends are pointing in the right direction now. You just can’t admit you got it wrong and NYC’s economy recovered way faster than you thought it could.
