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People are fed up and will be leaving the city of NY anyone who tells you otherwise is a homeowner or has some invested interest. Nobody with children will put up with eventual sky rocketing taxes with subpar school districts that bus lower income kids in and Real estate prices that have been Stagnant since 2015 . Look at all of the CEO’s of the Real estate companies where are they right now ? CEO of Corcoran she’s in Florida , CEO of Douglass Elliman he is out of the city. Also can’t wait to see who the next Mayor will be Eric Adams? He told all the white people to go back to Ohio and he created 100 Blacks in Law enforcement . Good luck !
Like it or hate it the following is only my opinion:
Let the people vote..............
We are a blue state expect to see many people blue in the face when the
financial bottom drops out form under the feet of every New Yorker making less than $50,000 a year.
Never understood the purported allure of Manhattan. People jammed together like sardines, paying a fortune to live in a three-hundred square foot box with no washer/dryer, no view, no balcony, no outdoor/outside space to call your own. Four paper-thin walls and a flimsy door is your entire universe. The rest of the country has a term for this living arrangement: prison.
Who are these people who wanted to ride in filthy subways as morbidly obese sweatmachines press up against you? We now know the Manhattan subways were virus-plagued illness vectors; if riding around in virus-spreading deathboxes is your idea of culture, have at it.
Everything about New York City, in particular, aids the spread of this pathogen. This includes the dirty and crammed public transportation systems, vertical residential and commercial living which all but ensures you are sharing elevator, work and living space with coronavirus superspreaders, having to share washers and dryers in dungeonlike basements which foster infection like terrariums, too many people with too little space on streets and sidewalks.
The cherry on top is the truly outrageous costs and fees for this Manhattan "lifestyle" (read: pauper's existence). Exorbitant taxes. Filthy apartments. Filthy streets. Rat-and-roach-infested restaurants and subways. No fresh air, no fresh water, no peace, no quiet. Constant noise pollution and aggravation (sirens, construction, your annoying neighbors). Who in the heck wants this? One group that says no: the wealthy and mobile, who totally abandoned Manhattan faster than you can say, "get out now."
In the coming years, Manhattan is going to resemble Pripyat, the ghost city contained within the Chernobyl exclusion zone. SARS-CoV-2 is this city's neutron bomb. Entire business sectors are going to be wiped out and will never, ever come back, because NYC's business model of pack 'em in, charge 'em, get them out, is utterly decimated.
So-called "workshare" spaces: dead. Let's see how NYC finances and the commercial property owners fare when WeWork's short-term renters never, ever come back. Skittish short-term renters will annihilate the business model. WeWork will declare bankruptcy, and the entire financing scheme will soon implode (WeWork is Manhattan's biggest tenant by far). Colony Capital just defaulted on a metric f***ton of debt. Watch the defaults pile up and bankruptcies skyrocket as lenders refuse to roll this impaired paper.
Bottom line, NYC always was a terrible place to live, because zero nature + no space = Hades. Coronavirus has painted in stark relief all of these truths. Those who perceive and understand are out, forever.
Never understood the purported allure of Manhattan. People jammed together like sardines, paying a fortune to live in a three-hundred square foot box with no washer/dryer, no view, no balcony, no outdoor/outside space to call your own. Four paper-thin walls and a flimsy door is your entire universe. The rest of the country has a term for this living arrangement: prison.
Who are these people who wanted to ride in filthy subways as morbidly obese sweatmachines press up against you? We now know the Manhattan subways were virus-plagued illness vectors; if riding around in virus-spreading deathboxes is your idea of culture, have at it.
Everything about New York City, in particular, aids the spread of this pathogen. This includes the dirty and crammed public transportation systems, vertical residential and commercial living which all but ensures you are sharing elevator, work and living space with coronavirus superspreaders, having to share washers and dryers in dungeonlike basements which foster infection like terrariums, too many people with too little space on streets and sidewalks.
The cherry on top is the truly outrageous costs and fees for this Manhattan "lifestyle" (read: pauper's existence). Exorbitant taxes. Filthy apartments. Filthy streets. Rat-and-roach-infested restaurants and subways. No fresh air, no fresh water, no peace, no quiet. Constant noise pollution and aggravation (sirens, construction, your annoying neighbors). Who in the heck wants this? One group that says no: the wealthy and mobile, who totally abandoned Manhattan faster than you can say, "get out now."
In the coming years, Manhattan is going to resemble Pripyat, the ghost city contained within the Chernobyl exclusion zone. SARS-CoV-2 is this city's neutron bomb. Entire business sectors are going to be wiped out and will never, ever come back, because NYC's business model of pack 'em in, charge 'em, get them out, is utterly decimated.
So-called "workshare" spaces: dead. Let's see how NYC finances and the commercial property owners fare when WeWork's short-term renters never, ever come back. Skittish short-term renters will annihilate the business model. WeWork will declare bankruptcy, and the entire financing scheme will soon implode (WeWork is Manhattan's biggest tenant by far). Colony Capital just defaulted on a metric f***ton of debt. Watch the defaults pile up and bankruptcies skyrocket as lenders refuse to roll this impaired paper.
Bottom line, NYC always was a terrible place to live, because zero nature + no space = Hades. Coronavirus has painted in stark relief all of these truths. Those who perceive and understand are out, forever.
Although I particularly dont prefer Manhattan, theres a couple of reasons why dense urban cores are attractive for people, including myself
1) Walkable. I don't want a car, I don't want to drive places. I want to be in the middle of things. I want to walk out my door and have the services and entertainment walking distance to my residence;.
2) Food. Food is ultimately better in cities. Suburbia? No. The variety, quality, quantity and service of restaurants are far better in cities over white picket fence suburbs.
3) Living in Action. Similar to #1, I want to be close to work, close to friends, close to everything and more. Why do I want to drive 45 minutes to a nearby suburb when I can just take the T two stops or walk 15 minutes? Im staying active and it keeps things unique.
4) Urbanity. I and many others love urban dense built environments. Everything about it.
5) Lifestyle
6) Jobs
Very bleak portrayal. I think we all can agree that we have some very rough times Ahead but nyc will not be destroyed forever. If it is then it’s the fear factor.
Never understood the purported allure of Manhattan. People jammed together like sardines, paying a fortune to live in a three-hundred square foot box with no washer/dryer, no view, no balcony, no outdoor/outside space to call your own. Four paper-thin walls and a flimsy door is your entire universe. The rest of the country has a term for this living arrangement: prison.
Who are these people who wanted to ride in filthy subways as morbidly obese sweatmachines press up against you? We now know the Manhattan subways were virus-plagued illness vectors; if riding around in virus-spreading deathboxes is your idea of culture, have at it.
Everything about New York City, in particular, aids the spread of this pathogen. This includes the dirty and crammed public transportation systems, vertical residential and commercial living which all but ensures you are sharing elevator, work and living space with coronavirus superspreaders, having to share washers and dryers in dungeonlike basements which foster infection like terrariums, too many people with too little space on streets and sidewalks.
The cherry on top is the truly outrageous costs and fees for this Manhattan "lifestyle" (read: pauper's existence). Exorbitant taxes. Filthy apartments. Filthy streets. Rat-and-roach-infested restaurants and subways. No fresh air, no fresh water, no peace, no quiet. Constant noise pollution and aggravation (sirens, construction, your annoying neighbors). Who in the heck wants this? One group that says no: the wealthy and mobile, who totally abandoned Manhattan faster than you can say, "get out now."
In the coming years, Manhattan is going to resemble Pripyat, the ghost city contained within the Chernobyl exclusion zone. SARS-CoV-2 is this city's neutron bomb. Entire business sectors are going to be wiped out and will never, ever come back, because NYC's business model of pack 'em in, charge 'em, get them out, is utterly decimated.
So-called "workshare" spaces: dead. Let's see how NYC finances and the commercial property owners fare when WeWork's short-term renters never, ever come back. Skittish short-term renters will annihilate the business model. WeWork will declare bankruptcy, and the entire financing scheme will soon implode (WeWork is Manhattan's biggest tenant by far). Colony Capital just defaulted on a metric f***ton of debt. Watch the defaults pile up and bankruptcies skyrocket as lenders refuse to roll this impaired paper.
Bottom line, NYC always was a terrible place to live, because zero nature + no space = Hades. Coronavirus has painted in stark relief all of these truths. Those who perceive and understand are out, forever.
Problem with moving to the suburbs is that you start hating life 1-2 years in and get bored to death. There is nothing else like the city, I personally appreciate NYC the most when I go on vacation and come back. This time though NYC is going to be hard fu**ed for several years.
De Blasio is crushing the middle class by taking away any possibility of quality public education and his and his wife's gross mismanagement of city finances will result in some colossal neglect and disrepair. And that is before the crime wave that's about to hit with the lax law enforcement, mass-release of prisoners, and most lately economic desperation.
Commercial real estate has already crashed, residential is next. Investors will swoop in for bargains but they better be prepared to wait many years for a rebound
NYC isn't going anywhere, that's a true statement. What it will be left with are the Very Rich and the Very poor residents as they both make out handsomely here.
Middle class is done. Much like many Large cities around the world with Socialist/Communist leadership.
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