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In NYC, Real Estate is Certainly the Worst Possible Investment — Except for All the Others

I was at a confidential secret hush-hush meeting with some very senior New York City real estate people – all so-called C-suite guys and gals.  And boy was their mood gloomy, and for good reason.  Consider….. New York politicians seem…

Commercial Rent Control in NYC? The Great Sucking Sound of Capital Fleeing NYC – We Can’t Let this Happen

"The only thing necessary for the triumph of evil is for good people to do nothing.” ― Edmund Burke Last November, I wrote this article begging, pleading, importuning the New York City Council to not proceed with commercial rent regulation, but apparently…