Posted on 07/11/2021 6:59:57 PM PDT by struggle
https://www.youtube.com/watch?v=Q53Wxx7aLrs if you want to copy and paste it.
Basically a video of all the commercial real estate for lease that no one is buying near Chelsea in Manhattan.
About a quarter of the business is gone and not coming back.
I’ve already not returned to NYC, >30 years running.
Yeah, I remember it in the 90s and lived in the 90s in Southern California as well. BEAUTIFUL places. Now, they’re absolute hellholes.
Guy down the street from my brother sold his house in a day, from pictures on line, for the asking price of over $1,000,000.
Buyer was from NYC.
Anyone on FR, that is from Long Island, north of the city, SW Connecticut, and north Jersey, knows that folks from NYC are buying houses, sight unseen. Showing up with nothing more than their clothes. Leaving their furniture behind. Bidding wars happening everywhere as folks are bailing out
Some buildings in NYC are about 10% occupied.
In Sullivan and Ulster county, the liberals from NYC will soon be driving the locals out of their homes due to rising costs.
So…..Who’s buying their places in NYC? Are they just walking away from them? Is anyone still paying the taxes?
I was down in the Princeton, NJ area this weekend. I observed a shockingly large number of empty large office complexes.
Down in semi-rural NC, we have people from Michigan flooding in. Buying houses, don’t care, $20,000+ over asking.
Yup....happening all over the place. Families selling out, which is not my business, thinking they’ll find someplace else to go and it’ll be better. Only to be ruined, again.
Federalist Guy Did Not Move To Tennessee To Live With A Bunch Of Liberal Colonizers
This is amazing.
Absolutely NO car traffic. These streets, up until very early 2020, were bumper to bumper car traffic. Sidewalks were packed and you had to squeeze through crowds.
THIS is scary.
I just read that NYC bankers are begging to be transferred to FL.
Who is left in NYC?? Hotel workers?
The only people I see on the streets, in this video, look like tourists.
It doesn’t look like this vid has been edited. Would love to know the local’s take.
My buddy was in the movie business up there, until very recently.
Born and raised in NY and worked, almost exclusively, in NYC. Was there during the COVID shut downs last year. Told me that if you had gone to certain areas of NYC, where most of the folks were on the government dole and living in Section 8, you wouldn’t know COVID from a handkerchief. Rest of the city was a ghost town.
>This is amazing.
Same thing is happening in California.
The real estate bubble in blue states will pop and the red state bubble, if you can call it that, will only get more intense for the idiots that remained.
We’ve officially left the walk or drive to business necessity that we’ve had forever until now. I wonder how NYC will survive because the dumb 20-somethings that love NYC and are willing to pay $2,500 for 250 square feet in a 100 year old building aren’t going to stay there forever.
I am surprised it’s only a quarter
Left San Jose CA in 2001 and never looked back. Was there 31 years. Electrical/Computer Science engineer. Now in a secret location in the SE.
In addition to the closed businesses the amount of garbage, graffiti, broken windows, etc. is staggering.
Bkmk
Bttt
Really? When? Was this during the Fr. Perricone days?
Wow. Here in the Poconos houses are selling like hotcakes as well. Lots of New Yorkers.
MetroPark (Edison, NJ) has about a dozen large corporate buildings that were empty several months ago (lockdowns). A major stop on the Boston-to-DC Amtrack.
Be interesting to see if big city employers move in as they abandon NYC. Employees are loath to take public transportation - besides the COVID, the unmitigated filth, aggressive panhandlers, etc. at the NYC train station.
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