[ May 6, 2024 ]
Republicans like Giuliani and Bloomberg built NYC into a shiny, towering city on a hill. The Democrats blew it up.
De Blasio killed New York City. The Republican Party (led by President Trump) must find a suitable candidate to take on the Left in next year’s mayoral election. A Rudy Giuliani like candidate must be found before it’s too late. Once again, elect Joe Biden and your city will suffer the same fate as New York City.
NYC is dead forever….. here’s why.
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https://twitter.com/tadgermania/status/1291717913980747776?s=20
Manhattan sees record number of vacant apartments amid coronavirus
By New York Post, August 17, 2020
Manhattan is a raging renter’s market, new data show.
There were 13,117 vacant rental apartments in the borough last month — a 122 percent increase over July 2019, according to the Elliman Report.
Last July, there were only 5,912 units available, according to the report by real estate experts Douglas Elliman and Miller Samuel.
Meanwhile, rents are down, and — thanks to the loosening pandemic restrictions on showing apartments — new leasing is experiencing a mid-pandemic surge in the borough, though it’s still well below last July’s levels.
The staggering number of vacancies in one of the country’s most expensive rental markets is the highest in 14 years of Miller Samuel’s record-keeping.
As the rental stock increases, rent prices are falling, the report said.
The median rental price in Manhattan was $3,167 last month compared to $3,521 in July 2019.
Landlords are offering an average of 1.7 months of free rent to entice newcomers.
“Consistent with the decrease in rental prices, there was a record amount of listing inventory, a rise in landlord concessions, and the vacancy rate jumped for the third consecutive month,” the report noted.
“Non-doorman rent fell at twice the annual rate of rent for doorman buildings,” the report added.
A similar report by StreetEasy last month found that Manhattan rents were dropping for the first time since 2010.
But renters aren’t exactly snapping up those bargains.
The Elliman Report also shows the number of newly signed leases plummeted by 23 percent from last July (6,460) to this July (4,949) — though the latter total is up from 3,171 new leases signed in June.
The outbreak of COVID-19 has sparked a mass exodus from New York City, with a vast number of city slickers seeking safety in the suburbs.
Also, living in Manhattan still costs a pretty penny — the average rent for a two-bedroom apartment is $4,620 and studios are fetching an average of $2,668.
Meanwhile, in Brooklyn, there were only 1,525 residential property sales in the year’s second quarter, from April through June, the report said.
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14 Comments
3 years ago
NASDAQ to new record high today. Way ahead of pre-Covid-19 numbers. 
3 years ago
COVID, riots, and democrat governance have and will accelerate the exodus from our largest cities. This was a trend anyway. But the trend has been advanced by 10 years. Internet speeds, working from home and from satellite offices in remote locations will flourish much sooner. Entertainment venues in NYC will not recover any time soon. And if they do, the neighborhoods will have transformed into derelict zones.
3 years ago
Stay out of the South.
3 years ago
Reply to
Square Grouper
I think many Southerners liked the Confederate flag because it was a way of flipping the bird to all the hipster doofusses in the ‘sophisticated’ urban areas of the country. They certainly don’t care for their ‘superiority’.
3 years ago
New York City is ‘dead forever,’ according to this proud New Yorker. There’s no reason to be there and the Restaurants are hit first!
MANY LINKS
3 years ago
Reply to
Millionmileman
It still throws all of it on corona, rather than mention the pro-BLM policies as major cause also.
3 years ago
Reply to
Millionmileman
https://nypost.com/2020/08/17/antifa-protesters-trash-apple-store-whole-foods-in-brooklyn/ At what point do we say, “THAT’S IT!”
3 years ago
“Hollywood’s Apocalypse NOW: Rich and famous are fleeing in droves as liberal politics and [China-]virus turn City of Dreams into cesspit plagued by junkies and violent criminals” *
Daily Mail headline, yesterday, if not reported here. Bad news streaming out of two Left-coast epicenters of Liberalism. Economic devastation, from law and order breakdown, gutting viable urbanization. The radicalized authoritarian Left turns commercial success into a spreading wilderness.
“tadgermania” Video: Some areas as in my city, but NY’s fortified avenues, block-after-block, especially dramatic! Like other cities, New York can kiss tourism goodbye. — Democrat metropolitan self-destruction! So urban flight from DIM-autocrat cities.
Invasion of zombie-like horror movies, materializing in Dimocrat cities (mentally-ill, drugged-out, latrine-creating bums invade; looting hoodlums, brutalizing thugs and predatory criminals spread like wild animals).
3 years ago
Have to burn them all down like their doing in England. if anyone has had covid in a building the only way to cleans it is to burn it down.
3 years ago
Reply to
dapto
If we thought that way the only way to clean a building of roaches would have been to burn it down as well!
3 years ago
Unique New York
3 years ago
RIP NYC.
3 years ago
Pamela is wrong on Bloomberg making New York great. It was Giuliani and ONLY Giuliani who Who made New York great again.
That pip squeak Bloomberg was the worse mayor Ever after DeFlabio.Both those mayors were not only the absolute worst, but both have the charisma of a bedbug. And maybe it may just be possible that after DeFlabio, New Yorkers may get an even worse Mayor like a female Muslim.
3 years ago
I lived in NYC during all of the crazy 1970s and never, ever thought I would see something like this. Fifth Avenue boarded up to keep primitive savages from burning and looting it? If the DeMarxocrats win this will be every city in America.
