Hey, maybe convert those empty towers into housing for illegal aliens and homeless? I’m sure there is a tax credit for that.
When is taking a 70 percent loss minimized to "experiencing stress?"
Experiencing a crash -- and much in Democrat-led inner cities because ....
Democrats.
Perhaps because remote working has shown so many of us that you don't have to live near $#*+hole big cities to earn a living? Or, if you know how to game the system, you don't even need to work at all?
3 years ago a couple friends of mine and myself warned that this would be the biggest Land Grab in US History, things are shaping up to be just that. High Rise buildings are now 10 cents on the dollar and will soon be 3-4 cents on the dollar.
There are many downtowns in cities that remain vigorous.
Blue cities will struggle to recover for various reasons. Investors will have to re-purpose in those fecal zones.
Office buildings can be converted to residential towers.
In the 1960s, buildings in SoHo in New York City were converted from industrial space to then low-cost housing.
Midtown Manhattan is served by commuter rail lines that stretch over 80 miles outward.
Only Midtown office space readily allows people from all over Metro NYC to get together to work as a close team.
Some people have the self-discipline to work efficiently from home, but they are a minority.
He needs a “sleaze” parody of “The Streak” song by Ray Stevens.
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