Joseph Foley

Might run again, might not | Family Man | NYU & Columbia Grad | Small Biz Owner | 20+ Years in Real Estate & Finance

[Joseph Foley @JosephFoley]

@MarkLevineNYC Remember where broker fees went, they were just repositions into the rents.

And you need a way for people to get out of renting, there needs to be a downpayment help. You need almost 500k for a down payment now.

[Joseph Foley @JosephFoley]

Mark … I truly applaud you on this one.

[Mark D. Levine @MarkLevineNYC]

Small businesses in NYC are getting squeezed by high rents, rising costs, and challenges getting credit.

We're doing something about it. Today my office is launching an $8 million zero interest loan fund for small businesses across the five boroughs. Up to $60k loans.

In partnership with the incredible Hebrew Free Loan Society.

For more info or to apply: https://t.co/7KDAARzyJz

[Joseph Foley @JosephFoley]

@MarkLevineNYC This should be talked about more.
👏👏👏👏👏👏

[Joseph Foley @JosephFoley]

He’s not delivering on campaign promises. He’s delivering hype videos.
Visibility isn’t governance. The content is better than the results.
The branding is elite. The results are still pending.
Being everywhere on social media isn’t the same as delivering for New Yorkers.
The hype is citywide. The accomplishments are still neighborhood-sized.
A mayor gets judged by outcomes, not engagement metrics.
He’s winning the internet. New Yorkers are still waiting on the promises.
The campaign was ambitious. The results so far are incremental.
Political influencer? Absolutely. Transformational mayor? Jury’s still out.
The videos say progress. The potholes say otherwise.

[Joseph Foley @JosephFoley]

@nyc_evsa @AllieRyanNYC … why is this not being talked about?

Everyone is focused on proposals from the mayor when nothing is confirmed.

Whereas, this element of speed on the bikes and scooters is an actual issue.

https://t.co/gDJ74CWMU9

[Joseph Foley @JosephFoley]

@bradlander This is lowbrow and extremely cringe. I have second hand embarrassment for you.

[Joseph Foley @JosephFoley]

@micah_erfan Rage baiting to the fullest ….

[Joseph Foley @JosephFoley]

Mark, it’s simple. You’ve all bent the knee and have zero understanding of how economics actually work.

Rents keep rising, and now broker fees are rolled into the price.
Home ownership is out of reach. It now takes the average person nearly 20 years to save for a down payment, leaving people trapped renting.
The school system feels like pure luck at this point.
The “budget crisis” somehow always disappears when it’s politically convenient, after being spun nonstop as unavoidable.

Meanwhile, we get a self involved mayor obsessed with TikTok and optics instead of results. No one trusts any of you anymore because every failure gets spun instead of fixed.

[Joseph Foley @JosephFoley]

@GovChristie heard you are moving in to our neighborhood… do I sense prep for a political move? 😶

[Joseph Foley @JosephFoley]

@nycDSA Do any of those people have jobs or are you paying them?

[Joseph Foley @JosephFoley]

@CMChiOsse Nothing says ‘fix the economy’ like turning late invoices into public debt and calling it protection for workers. All while still thinking of ways to spend vs cut.

Classic… I don’t understand economics.

[Joseph Foley @JosephFoley]

The Working Families Party is out here claiming JPMorgan basically said “tax the rich” because some analyst noted NYC’s downgrade risk if they don’t find real recurring revenue.
Meanwhile, Mayor Mamdani is filming victory videos announcing he’s “secured” a pied-à-terre tax and a budget delay …. both of which still need approvals that haven’t happened.
Classic cart before the horse move. Claim the win first, do the actual governing later.
Governance by press release, comrades!

[Joseph Foley @JosephFoley]

@EricsRambles I’m so tired of this BS. He is a photo of one empty. Any Citi Bike user knows they are constantly used.

It is like taking a photo of a parking lot and saying cars shouldn’t be used.

[Joseph Foley @JosephFoley]

Let me help you here Mark:

As The Hangover put it, “we messed up.”

And like Moneyball reminds us, “adapt or die.”

Or simpliar terms, we didn’t know what we were doing then, and still don’t.

This video is complete nonsense. It tries to downplay the reality that poor decisions in the past are now catching up with us. Instead of taking responsibility, it’s just more excuses.

Yes, office space at the high end is doing well, but that’s only a small part of the overall market. Mid- and lower-tier spaces are still struggling. The rent increases we’re seeing are largely driven by AI companies expanding their footprint in NYC, not because the overall market is strong.

It feels like there’s a lack of understanding about how these policies actually impact people.

White-collar workers are struggling to find jobs for two main reasons: the rise of AI and the fact that many companies have left.

[Joseph Foley @JosephFoley]

It might be the constant push to raise the minimum wage for unskilled workers to $30 an hour.

Or maybe it’s the high energy costs.
Or the pricing pressures across the industry.
Or the ongoing sense that businesses are being squeezed from every direction.

At some point, people need to understand how economics actually works.

I would hire more employees if I could, but at these rates it’s simply not sustainable. Businesses can only support so many workers before profits disappear or margins become too small to survive.

And if prices go up to compensate, customers stop spending.

[Joseph Foley @JosephFoley]

@bradlander @danielsgoldman You’re calling for accountability in Washington, but NYC is staring at a roughly $12B budget gap after years of your oversight.

Is opposing Trump your whole strategy, or do you actually have a position on Iran… or do you have any other platform other than Trump.

[Joseph Foley @JosephFoley]

@VickieforNYC LMAO.

[Joseph Foley @JosephFoley]

@AmarCoach @DianaforQueens 😂

[Joseph Foley @JosephFoley]

@ReynosoBrooklyn Threaten $30 an hour…. This is what happens.

[Joseph Foley @JosephFoley]

@kvvnrggn @ycinnewyork The reality is setting in:

Encampment sweeps
Budget issues
Hostility constantly
People are stressed and annoyed, but anything to vote blue and hate red.
I thought we were brought up to be free thinkers, but we still band wagon along.