Sat Feb 16, 2019, 01:01 PM
WhiskeyGrinder (19,181 posts)
"Worst day for NYC since 9/11."
Eat the rich.
https://therealdeal.com/2019/02/15/lichtenstein-on-amazon-pullout-worst-day-for-nyc-since-9-11/ Lightstone Group’s David Lichtenstein said Friday that Amazon’s about-face on its New York megacomplex was the “worst day for NYC since 9-11.”
“Except this time, the terrorists were elected,” the developer added in an email to The Real Deal, in a dig to the politicians who fiercely criticized the tech giant’s deal with the city for the nearly $3 billion in tax breaks and government incentives it came with. On Thursday, Amazon cited pressure from the local politicians as its reason to abandon the deal for the Long Island City campus, which was to bring 25,000 new jobs to New York and would create, by some expectations, $27 billion in tax revenue over a decade. (snip) Lightstone is a major developer with a $3 billion portfolio across New York, Miami and Los Angeles. In Long Island City, Lightstone owns a 428-unit rental building less than two miles from where Amazon’s campus was set to rise. Lichtenstein is among several industry figures who’ve addressed losing out on the Amazon campus, which the real-estate industry felt would be a major boost to both the residential and commercial markets. “The future of the neighborhood is still going to happen,” said Robert Whalen, Halstead’s director of leasing in Long Island City, “but Amazon could’ve accelerated the process.” Dave Maundrell, of Citi Habitats, said that without Amazon, “we’re back to where we were six months ago. The market’s gonna go back down.”
|
13 replies, 3321 views
![]() |
Author | Time | Post |
![]() |
WhiskeyGrinder | Feb 2019 | OP |
PoliticAverse | Feb 2019 | #1 | |
Ferrets are Cool | Feb 2019 | #3 | |
workinclasszero | Feb 2019 | #11 | |
hatrack | Feb 2019 | #2 | |
SharonClark | Feb 2019 | #9 | |
Downtown Hound | Feb 2019 | #4 | |
TreasonousBastard | Feb 2019 | #5 | |
WhiskeyGrinder | Feb 2019 | #6 | |
TreasonousBastard | Feb 2019 | #7 | |
onecaliberal | Feb 2019 | #8 | |
Me. | Feb 2019 | #10 | |
Yavin4 | Feb 2019 | #12 | |
flotsam | Feb 2019 | #13 |
Response to WhiskeyGrinder (Original post)
Sat Feb 16, 2019, 01:03 PM
PoliticAverse (26,366 posts)
1. "Except this time, the terrorists were elected" - those opposing corporate welfare are "terrorists"
now, eh?
|
Response to PoliticAverse (Reply #1)
Sat Feb 16, 2019, 01:06 PM
Ferrets are Cool (18,959 posts)
3. You nailed it. nt
Response to PoliticAverse (Reply #1)
Sat Feb 16, 2019, 02:26 PM
workinclasszero (28,270 posts)
11. Yep
Anyone trying to stop the raping of the American public by billionaire tax cheats demanding corporate welfare is now a terrorist!
![]() |
Response to WhiskeyGrinder (Original post)
Sat Feb 16, 2019, 01:05 PM
hatrack (56,946 posts)
2. Asshole
.
|
Response to hatrack (Reply #2)
Sat Feb 16, 2019, 01:57 PM
SharonClark (9,495 posts)
9. I second that.
Response to WhiskeyGrinder (Original post)
Sat Feb 16, 2019, 01:07 PM
Downtown Hound (12,618 posts)
4. Awww...rich billionaires are upset.
![]() |
Response to WhiskeyGrinder (Original post)
Sat Feb 16, 2019, 01:16 PM
TreasonousBastard (41,899 posts)
5. "...a major boost to both the residential and commercial markets." means...
rents go up again.
I am not sure we should take seriously the jeremiads spoken by the real estate industry. |
Response to TreasonousBastard (Reply #5)
Sat Feb 16, 2019, 01:17 PM
WhiskeyGrinder (19,181 posts)
6. No, of course not. I was sharing for the ridiculous opening quote.
Response to WhiskeyGrinder (Reply #6)
Sat Feb 16, 2019, 01:24 PM
TreasonousBastard (41,899 posts)
7. Right, I get it. I'm just constantly amazed at how rising rents and...
housing shortages are a "good thing".
|
Response to WhiskeyGrinder (Original post)
Sat Feb 16, 2019, 01:43 PM
onecaliberal (28,811 posts)
8. This needs to happen a million more times.
Response to WhiskeyGrinder (Original post)
Sat Feb 16, 2019, 02:16 PM
Me. (34,998 posts)
10. So I Guess The Banks Failing Was A Pretty Good Day Compared To This
not to mention Individual 1 getting elected and taking away our tax breaks.
|
Response to WhiskeyGrinder (Original post)
Sat Feb 16, 2019, 02:29 PM
Yavin4 (33,915 posts)
12. I cannot recall any business pulling out of a great business deal because one congressperson tweeted
or there was some opposition to it. Something just doesn't sit right with me.
|
Response to WhiskeyGrinder (Original post)
Sat Feb 16, 2019, 05:09 PM
flotsam (3,268 posts)
13. Republican Fuckheads are getting real loose with their name-calling
It's times like this I regret dueling was outlawed.
|