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(a) He's just mad people are talking **** about ridiculous it is for someone like him to buy a $238 million house they're not even going to live in.
(b) Do people know what Citadel is? It's a hedge fund. They don't employ that many people. And Citadel is paying those revenues to the New York banks regardless of where he lives.
(c) We don't need Amazon for an "ecosystem of success stories." When he talks about the value of "magnates" (if that's what he said--not sure what "tailed magnate" is supposed to be) that tells me he wants a world where people like him and Jeff Bezos can expect to be bowed down to. No thanks! I'm not in the market for a master.
(a) He's just mad people are talking **** about ridiculous it is for someone like him to buy a $238 million house they're not even going to live in.
It may be ridiculous in your eyes but that is not any of our business. He has a right and the freedom to do so.
And that's just your unfounded opinion that he's mad. He explained the reason but from your comments below, it apparently escaped you. Hint: it has to do with the current political climate in this city, which has become hostile to business.
Quote:
Originally Posted by randomperson2
(b) Do people know what Citadel is? It's a hedge fund. They don't employ that many people. And Citadel is paying those revenues to the New York banks regardless of where he lives.
(c) We don't need Amazon for an "ecosystem of success stories." When he talks about the value of "magnates" (if that's what he said--not sure what "tailed magnate" is supposed to be) that tells me he wants a world where people like him and Jeff Bezos can expect to be bowed down to. No thanks! I'm not in the market for a master.
What's with the "we" stuff? Who made you the owner of NYC? NYC is a wealthy and successful city because of precisely things like hedge funds and people like him. You (assuming you live here) and many of the 8 million people wouldn't be here if it was a poor city.
We all certainly aren't here for the great weather or the natural beauty. This place was built for commerce and through its success and wealth from that is why it has attracted so many people to live here in the first place.
Do people know what Citadel is? It's a hedge fund. They don't employ that many people. And Citadel is paying those revenues to the New York banks regardless of where he lives.
A hedge fund that would invest in a non-NYC corporation over an NYC corporation, holding all else equal. One that would pay revenues to New York banks that will also follow Amazon out of town at the direction of the Federal Reserve. NYC carries political risk now. Business does not like political risk.
Why? That seem like the worst of both worlds. At least in TX he saves a buttload of taxes, and he can recruit out of UT. Chicago is going down the tubes, and it has all the high tax issues of NYC.
I think he sound more butt-hurt because he hedged a huge bet on buying the most expensive property and NYC property values are taking a dive and anticipating for Amazon to pick up the market. I read a lot of similar comments mostly by real estate agents who are butt-hurt that Amazon is leaving and they blame AOC. They can keep blaming her but she's a rep of the people who voted her in away from establishment corporate candidates who only speaks for big corporations instead of representing the voters.
"NYC is a wealthy and successful city because of precisely things like hedge funds and people like him."
Hedge funds didn't build this city. But, either way, we ARE a wealthy and successful city. We don't need to get down on our knees to lick anyone's boots. Unless that's your kink. It does seem to have an odd appeal to a lot of you people who think you're so free and independent and self-made...
And of course he can buy an expensive apartment if he wants. If you can't figure out the negative effects of having our neighborhoods turned into safe deposit boxes for nonresidents you don't deserve this city.
Seriously. Everyone knows we built this city on rock n' roll.
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