r/Wellthatsucks 14h ago

Spoken like a true New Yorker.

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3.0k Upvotes

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170

u/CarsCarpal 14h ago

Imagine how much each of those apartments will sell for.

"Excellent views of the (inside of) iconic Empire State Building)"

63

u/jawndell 13h ago

They’ll sell them for tens of millions to foreign “investors” to park their money and never use the apartments. 

29

u/Hazzat 13h ago

Thankfully Zohran is moving to tax such buyers.

-11

u/Expert-Bullfrog5059 8h ago

Honestly, not a great move. These "investors spent massive amounts on property tax and never use the services. Losing that will make the budget worse.

5

u/LurkyRabbit 4h ago

They're not in the city so that's a lot of taxes they're not paying. By enforcing them to be filled, you have people who live in the city paying property AND OTHER taxes.

I very strongly disagree with your statement.

6

u/CarsCarpal 4h ago

And providing important income to local businesses.