David Maroti

RE developer @Industrycity. MIT. NYC

[David Maroti @MaroteControl]

@CinemaTweets1 @grok which episode is this

[David Maroti @MaroteControl]

@realEstateTrent Would replace with seating. Seeing people/activity is merchandising for cafes.

[David Maroti @MaroteControl]

@ryanhallyall @grok what should i anticipate if I live in red hook brooklyn?

[AP @Average_NY_Guy]

Who Will Build NYC if Builders Are the Enemy?

As a New Yorker Jew, I'm surrounded by people who have been in real estate their entire lives. I am not trying to feed a stereotype, but that's my reality. They aren't activists or online commentators. They are people who bought their first buildings with all their savings, carried debt through rate hikes, fixed things themselves when there was no money to hire, and stayed in New York through high crime, recessions, 2008, COVID, rising taxes, insurance increases, and an ever-expanding book of laws and codes. None of them were promised fairness before they started, and none of them were protected from risk. They succeeded very slowly, and painfully, but with responsibly.

That experience is exactly what is missing from the worldview of Zohran Mamdani, and it shows in every part of his housing agenda. Mamdani has never built anything. He never signed a personal guarantee, never met payroll, never carried a mortgage through a rough month, never had to choose between fixing a boiler now or hoping it survives another winter because there is no cash. He has only operated in a political world where consequences are abstract and other people absorb the risk. When you have never operated in the real economy, it becomes easy to believe that shortcuts are solutions.

It is also why his message resonates with a certain type of voter. The people demanding “housing reforms” are not bad people. They are frustrated renters who feel like the system is rigged against them. I understand the frustration. But frustration doesn't change math. Housing is hard. Ownership is a very slow process. Building anything meaningful in this city takes years of stress, and debt. The people calling for "landlord policies" often want the outcome without the grind, the stability without the risk, and the reward without the years of sweating that every responsible adult who succeeded here had to endure. But it does not work like that.

NYC is in housing crisis. Citywide vacancy sits around 1.4 percent, a level economists consider an emergency. Median rents keep rising anyway, with Manhattan near $4,800 and Brooklyn around $3,800, even under an already thick layer of regulation. The reason is obvious. Supply has not kept up. In a good year, New York adds roughly 30,000 units. The city needs hundreds of thousands more over the next decade just to stabilize prices. At the same time, construction costs here are among the highest in the country, financing is extremely difficult, and insurance is wildly expensive

Mamdani’s proposals take that fragile situation and make it worse. When you cap upside while leaving downside unlimited, rational people stop participating. Developers do not argue on X. Lenders do not protest. They simply reallocate. Projects stop coming up. Renovations are postponed. New construction dies before a shovel hits the ground. The people I know in real estate are not angry. They are disengaging. Some are buying elsewhere. Some are sitting on cash. Some are done entirely. And when that happens, tenants do not win. Buildings deteriorate, supply tightens further, and rents rise anyway.

What Mamdani offers is emotional satisfaction, not solutions. He tells voters that prices are high because someone else is greedy, not because the city has spent decades making housing harder and almost impossible to build. He frames landlords as villains instead of participants in an ecosystem that only works when incentives align. That framing feels good, but it does not produce housing. It produces resentment, fear, and withdrawal.

Everyone I know who made it in this city did it the same way. Slowly, without shortcuts. Policies written by people who never did that do not create fairness or affordability. They create shortages. NYC doesn't have a landlord problem. It has a confidence problem. And a city that teaches people to hate the builders while demanding more building is a city sabotaging its own future.

[David Maroti @MaroteControl]

@realEstateTrent Stay with window lines, conference rooms, offices, and open bullpen areas.

[David Maroti @MaroteControl]

@tonal when will you have integrated with Apple Podcasts?

[SM @Mar0ti]

An intersection of geopolitics, energy, and fashion: Japan in the mid-70s rolled out the shoene-rokku, or “energy conservation look” - business suits with short sleeve jackets. While the trend was short-lived (it did see resurgences in the 90s and 00s) 🧵1/9

[Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA]

The year is 2030:

- Dogecoin is worth $1,000
- Martin Shkreli is President
- WallStreetBets is in charge of a U.S sovereign wealth fund

[New York Giants @Giants]

This didn't age well 🥴

[Eli Manning @EliManning]

Stacking wins! We are on a roll.

[David Maroti @MaroteControl]

I’m thinking of starting a direct to consumer garlic knot concept. DM me to get involved.

[Jose Canseco @JoseCanseco]

Time change I will be at Jose Canseco Showtime car wash from 1 to 2 today the address is 5893 West Tropicana Avenue come see me get an autograph get a car wash and get the cheapest gas in town see you then

[MIT Sustainable Urbanization Lab @MIT_SUL]

David Maroti’s summer project, “City Growth Potential and Real Estate Prices Dynamics” is an exciting collaboration of Prof. David Geltner’s Real Estate Price Dynamics Platform & SUL- With project lead Simon Buechler the study will look at what makes cities grow! @mitsap @MITdusp

[Jose Canseco @JoseCanseco]

6 week seminar on how to control your dreams once you get your master's degree you will be put in an induced coma for whatever time you choose to enter your controlled dream life contact Morgan if interested

[David Maroti @MaroteControl]

@rrfosho72 L for you

[ESPN @espn]

Rockets lock up the Celtics to clinch the W 🔒

[David Maroti @MaroteControl]

@rrfosho72 @shodrewshirley Your team is a perennial cheat. Show remorse.

[David Maroti @MaroteControl]

@shodrewshirley @rrfosho72 He wasn’t tossed. He went back to his seat.

[David Maroti @MaroteControl]

@rrfosho72 “Silence is sometimes the best answer”-Dalai Llama

[RitaRita @ritatherealist]

I think I'm going to Boycott Bergdorf Goodman - you'll have to ask me why

[Jose Canseco @JoseCanseco]

I am a Bigfoot expert and the most famous Bigfoot picture or video ever taken was a costume the individual wearing the costume was none other than Andre the Giant check it out