[GOPJ]

I'm amazed any business in New York would borrow money from a bank knowing some crazy Soros babe could fine them millions of dollars for a difference of opinion" on a property value.

[Bernard]

Property "value", especially in large cities, is going to be a wild guess for a real long time. In the next few years, most of the commercial leases entered into pre-lockdowns will be coming up for renewal. Will tenants be willing to pay higher per-square rates than they have been, even if they reduce the footage required by 25-75% ?

The property owners will be writing down asset values, which will reduce their federal and state income tax liability, and will prompt more appeals of real estate tax assessments to lower that tax liability.

And all it takes is one short judge with an agenda to show off how tough he is to impose fines and penalties if/when a dispute becomes a law suit or criminal trial.

As long as the national debt continues to be an imaginary number and nobody expects anybody to pay it off or pay attention to it, the crisis can be ignored. If the printing press breaks, all (****) will break loose.

[Alas Babylon!]

Hochul tells NY businesses not to fear about Trump verdict: ‘Nothing to worry about’

If she has to say it, you know it is being thought about.

Leave, NY Businesses!

You'll be happier elsewhere, and not hauled into court for getting business loans and such.