Posted on 08/21/2020 2:46:06 AM PDT by knighthawk
Landlords in Manhattan are pleading with companies to bring workers back into their offices, saying that restaurants and shops in commercial districts are in danger of going under while people work from home.
Meanwhile moving companies in New York say they are so busy they are turning customers away.
Property owners and managers have been quietly pressing top employers including Goldman Sachs, Blackstone and BlackRock to return their workers to downtown offices, casting it as a civic obligation, Bloomberg reported on Thursday.
(Excerpt) Read more at dailymail.co.uk ...
Elections have consequences NYC. So suck it up buttercup.
I never get upset when bad things happen to NYC, LA, California in general, or any other liberal enclave. They get exactly what they voted for. Funny how they embrace all the liberal policies that come down the pike until it affects them.
A civic obligation? How about putting pressure on the city "leadership" to quell the rioting, start supporting & stop demonizing the police, and allow the police to do their jobs to make NYC safe again?
The big banks in NYC (like my employer, unfortunately), have gone all-in on the sjw, blm message. Mandatory "diversity and inclusion" training, acknowledgement of so-called "white privilege", and other "feel-good" initiatives designed to keep the barbarians from storming their gates and to help mitigate any potential "discrimination" lawsuits. They will never vocally support the police even if they realize it makes their employees safer. The 'big-boys' all have private personal security and drivers, so they are insulated.
I have been working from home these last 6 months, as have most of the non client-facing employees so proof of concept has been well-established that the work can be done remotely, thereby eliminating the need to commute into NYC as well as the need to maintain the huge, expensive office buildings that serve as the bank's headquarters.
The criminals are emboldened and have nothing to fear from the police, thereby creating a dangerous environment in the cities. There is no need or desire to go back. Until there is a Giuliani-like, law & order renaissance in NYC, the city is dead.
Gee as a perk we can offer today only either BLM painted in front of your building or one week of rioting and looting. All your employees will automatically become Woke at no extra charge! Hurry don’t wait.
This is not related to elections. Rents in all big cities will fall due to the impact of Covid-19 on our working style. More and more work from home and companies are discovering the joys of saving on giving employees the office benefits - and many are now renegotiating rents and/or reducing their office footprints.
It’s almost like New York has had a curse imposed on it. Is it a coincidence that this sh!t began almost immediately after Donald Trump changed his official state of residence to Florida?
Jeff Bezos should be making campaign contributions to AOC. It was primarily she who drove Amazon away from setting up shop in NYC.
She did ole Jeffy boy a favor. Not that he needs or deserves one.
Swell. Here in the Poconos there’s usually about 10% NY plates in the summer time.
Now it seems like 50%.
Yay!
The Big Apple has a bad case of worms.
Betchya most of these landlords vote for their rotten DemoRats. Abuse the goose that lays the golden eggs and she will migrate elsewhere with her wings.
The unspoken truth is that in some cities (including NYC) fear of the Simbas is much stronger than fear of the Red Chinese virus. A friend that goes into NYC occasionally as part of a rotation staffing offices describes the scenes between the train station and his office; just disgusting and nothing that would have been allowed before (with junkies and such).
This virus just drove home what many already knew: Many cities had outlived their usefulness. Before the home offices of today, suburban office parks were taking a lot of jobs from cities.
this is like the mayor of Amityville making people swim at the beach in the film “Jaws”. (while he stays safe on the beach)
NYC long ago passed the tipping point where the permanent underclass can outvote not just wealthy landlords, but normals of the middle class.
His kids were in the water too (when he was rattled afterwards).
cities are anachronisms today. The more subways, the more taller buildings, the higher the infrastructure costs and the more revenue a city has to generate to justify it own existence
no need to concentrate, capital, material and human resources on rail lines, waterways, harbors or interstates any longer in the 21st century
they are sources of voter fraud and voter disenfranchisement
The Muni-Bond Market of the last 40 years tells you al you need to know about the viability and utility of metro areas today
Cities can be great places if the mayors are determined to keep them safe with tough law and order policies.
Otherwise—they turn into dangerous wastelands.
that’s right! i remember that now.
Who’d ah thunk
Most are a holdover from a time when we were a manufacturing powerhouse with waterways as our main transportation; unless they are a major port today, they can be replaced with office parks.
NJ’s biggest city is basically a transportation hub for trains and planes, with a large port - surrounded by a couple of hundred thousand dangerous, idle people. The offices downtown are a small segment of the larger city, and have a difficult job attracting talent; while they aren’t near many residential areas, the mutants go there to disrupt things because they know it is the only way to get publicity. Some areas destroyed in riots in 1967 weren’t even rebuilt; there is no reason to do so.
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