Hi, I work in real estate development. This is insane.
Yes, most projects are struggling. No, taxpayers should not be used to backstop private developers who misjudged the market.
If government wants more housing, build housing. Build it at cost.
That would be bad for my industry, but good public policy isn’t supposed to protect our profits, it’s supposed to serve Canadians.
Zohran Mamdani spoke at a Rikers Island graduation ceremony honoring 57 incarcerated people who earned their high school diplomas.
One graduate, Elijah Smith, said he didn’t expect the mayor to show up, but his presence meant something: “It helped. Someone cares about the incarcerated individuals in this jail.”
Sometimes dignity starts with simply showing up.
“Ask them to stop working with health care conglomerates” LMAOOO. This guy just said ask the billionaires nicely and maybe you’ll get affordable health care. You can’t make this up.
This also ignores the fact that many stocks are way overvalued relative to their fundamentals.
The reason anyone gets insanely rich is almost always because of the stock market. It certainly how @elonmusk did.
And the reason they get rich from the stock market, is because 150m Americans decided they wanted to own shares of stocks directly, or through their retirement plans, or through other approaches as a way of building their net worth and trying to create a better life for themselves.
One Hundred Fifty Million Americans. About 60% of adults.
Effectively believing that @elonmusk and many billionaires could make them wealthier and help them achieve a better life.
If you want @elonmusk , and most billionaires to no longer be that rich, convince those 150m to sell their stocks, funds, ETFs whatever.
Of course you would wipe out the net-worth of most of those people, and everyone else’s savings, as the markets crashed and brought down the economy and created the worst depression we have ever seen.
Alternatively
There are ways to improve healthcare access and eventually make it available to all.
To start -
If you want @elonmusk and all billionaires to improve healthcare for everyone , ask them to stop doing business with the enormous healthcare conglomerates and to work directly with transparently priced care providers.
It’s the behemoth HC conglomerates that make HC so bad for so many. (Check my timeline for more detail)
Removing them would push the cost of healthcare down for everyone. Their corporate decisions impact our healthcare cost and availability.
Of course if they do that, not only would our HC costs go down , and the quality of care for their employees and the entire country go up
But
They would see their corporate cash flow increase dramatically and we would have more millionaires, billionaires and maybe even another trillionaire when that cash flow moved from the big health care conglomerates to their bottom line, so would the net worth of the 150 million American adults that own public stocks
Capitalism is better than socialism because 150m Americans can influence exactly what happens in this country.
Few better ways to celebrate this city — and the World Cup — than cheap eats.
That's why starting June 11th through July 19th, New Yorkers can celebrate the World Cup with $26 meal deals at hundreds of restaurants across the five boroughs — from Little Caribbean in Flatbush to not one, but two Koreatowns.
Bring fellow fans or team rivals and discover what makes New York City the world's city.
That's our member behind the wheel. He was pulled out of the cab and suffered shock and physical injury to his arm, back and head.
The whole city is elated about our hometown team — and that includes drivers who watched the game last night at airport lots while waiting for the next fare, listened on their radios while cruising for the next job, and huddled at hotel lines with the same heart-stopping anxiety that turned into the most beautiful joy.
Pulling the cab driver out of his seat, stomping on and shattering his hood turned our joy into a nightmare.
When you see the yellow, do you not see the person behind the wheel? That's someone's spouse, child, parent or friend — a New Yorker.
He wasn’t out there for a joy ride, he was working to make ends meet and to get his fellow New Yorkers home safely.
Cabbies pay just to go to work. They pay for their cars — whether through loans or leases.
Drivers need safety on the job, both in the quiet moments of ordinary days and in the middle of public celebration.
Shame on anyone who turns these joyful moments into nightmares for fellow New Yorkers.
When James Dolan cancels the watch party outside MSG, we bring the watch party to you.
Thanks to the @NBA, Knicks Game 4 is now playing on dozens of @LinkNYC screens across our city.
LGK.
The Liberal government might as well have called its AI strategy “All in for AI”.
This is a document that is heavy on hype, but light on the right guardrails that we need to protect people – and to ensure that the benefits of the technology don’t just flow to a handful of tech giants and investors.
It proposes a massive boost to business adoption of AI, with no concern for the consequences this will have for workers, especially young workers who are already watching careers vanish before their eyes.
This government is imposing a world-changing technology on all of us without any public debate. Instead of putting in place strong regulations to safeguard workers, youth, privacy, and our water and energy supply, they prefer to “move fast and break things” as the Silicon Valley motto goes.
That’s why before rushing ahead, with no brakes, we need a robust regulatory framework. Every other industry in this country, from forestry to banking, is regulated. Yet somehow, when it comes to generative AI that is controlled by MAGA-aligned billionaires, the usual rules don’t apply.
New Democrats support the development of cutting edge technology. For AI, that looks like responsible machine learning with small, contained datasets and targeted applications.
We’re calling for a humans-first AI strategy. One that protects Canadian jobs, data and natural resources. Not a strategy that mimics the worst tendencies of AI chatbots: hallucinating benefits and flattering big tech CEOs by telling them exactly what they want to hear.
You could run a smart, quick attack ad during the NBA finals in Central Texas. "Greg Abbott, Dan Patrick, and Ken Paxton don't want smart, valuable, immigrants legally contributing to Texas's economy. They don't think the Spurs should be able to have Victor Wembanyama."
Mamdani: My dream is not that we hold every bad landlord accountable. My dream is that we don’t have to. My dream is that every landlord is responsive to their tenants and that every landlord is following housing code. And I know that there are many landlords who are like that.
The issue, however, is that there are a number of bad landlords who have been able to operate with impunity, with no consequences for their actions. And part of what this housing plan puts forward is specifically funding to ensure that we can hold these kinds of landlords accountable, and especially the top 10 worst landlords in New York City, so that we can actually start to explore all of the tools we need to transfer ownership of those properties to people who will actually steward them safely, whether they’re a nonprofit, a community land trust, or the tenants themselves.
That is how we are looking at this because, frankly, this is the law, and for too long housing code has been treated like a suggestion, not a requirement.
The transition of sports fandom from loyalty and joy and community to monetization and commodification is a little heartbreaking to me. A signal of the broader commercialization of everything not nailed down in America.
Spoiler alert:
Looks likely to be the giant US bank JP Morgan behind the intense lobbying to destroy the Toronto waterfront with a massive airport expansion none of us want.
Nieuport did not respond to the journalist’s questions after asking for more time.
"I think Torontonians have a right to be concerned that an American investment bank is behind such a massive, and so far seemingly successful, campaign to permanently change Toronto’s waterfront" #TOpoli#ONPoli