NYC is a obviously place where any wise business person should NOT to do business. There are plenty of business-friendly cities and states where the Liberal mafia doesn’t exist.
Ooooohhhhhh.... seems like I have heard something like this before.... something.....something....great big sucking sound as the businesses LEAVE!!!!
At least there is a face to the monster who has possibly singlehandedly destroyed NY by putting the final nails in their coffin.
They may also have gone too far with the laws on rent increases. There are apparently many, many apartments sitting empty because the landlords can’t afford to fix them up for re-rental. Just maybe, the law passed in 2019 was too heavily weighted in favor of the tenants—so heavily that it is actually ending up hurting them.
Hochul is an idiot.
This ruling kills NYC real estate. Instead of market deciding what YOU can ask to sell, the gov’mt can now decide. Try to sell your $1M condo and anybody can go get a judge to issue a finding, without a trial, that the property is only worth $100k.
So, the seller must accept and then the buyer cuts a check for the judge.
NYC taxes tank, so more Fed $$ needed — BeijingBiden will supply.
NYC is a obviously place where any wise business person should NOT to do business.
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........”wise”????
don’t think you have to be too smart about this criminal conspiracy of the Democratic Party, Judiciary and media in New York. They are THE ENEMY of business and if your too dumb to “get” that you should be working on the loading dock not in the CEO’s office.