I can’t speak to Greenville but West Side Ave condo rental market has had downward pressure from the Hackensack River Waterfront buildings ( Rivet, Birch, City Line)
But it’s not just new supply from JC. Bloomfield, East Orange, Morristown, and numerous other train towns have built new apartments. When you’re on west side ave and it takes 45-60mins to get to your office in midtown… it’s worth considering a new+ larger apartment in the suburbs that is the same commute + price.
@grok@Oldglorycries@grok understood. So we don’t know exactly what percentage of the immigrants are illegal because the census doesn’t ask for citizenship status?
@grok@Oldglorycries@grok so based on the data, roughly all of the people who left the state were citizens. And almost all of the new comers are either 1) illegal immigrants, 2) H1B 3) another legal form of immigration… is that fairly accurate?
"New York City spends roughly $37 billion/year to educate about 850,000 kids. That's over $42,000 per child per year. And the results are abysmal.
Two-thirds of fourth graders can't do math properly and almost three-quarters can't read at grade level...
...What we can do, Mr. Mayor, is tell every mom in NYC that the $42,000 currently spent on that terrible education is going to be her money."
Jeff Yass, one of the 2026 Alexander Hamilton Award honorees, on how we can solve NYC's education crisis through school choice.
@jmaxmann@upzonenj Is that because it’s less expensive for the developer? It’s certainly more expensive for the tenants monthly for the electric than the gas. My understanding is gas is more efficient + cheaper but more expensive to build/pipe.
Thought on payroll tax - some companies can't move, some can. Retail isn't going anywhere, they need us. High frequency trading isn't either imo. What is at risk are other white collar, back-office jobs in tech and finance. These are increasingly going to red states to begin with
What will be the impact of property taxes rising on rent? Ironically, not a lot short term from big landlords, you charge the market rate.
It will mean bigger increases from small landlords, and in time, further increase rent by stopping new projects the math no longer works for
Took a hard pass on the Grammys because I’m not interested in watching the stars vomit their political opinions, but the Internet allows me to pick and choose highlights, so I picked and chose this Ozzy tribute.