Re:NY state tax break is $48k per Amazon HQ job
by JumpCrisscross on Wednesday November 14, 2018 @05:22PM
(#18454703)
> Doesn’t NYC have a housing crisis already?
New York has a problem. San Francisco has a crisis.
I just negotiated a 2% rent cut. Like four luxury buildings opened nearby and sucked out our building's highest-earning renters by offering lots of perks for marginally more rent. I asked my landlord if he wanted another vacancy or to keep a hassle-free tenant--he budged.
And my experience is not that unique. "Manhattan rents dropped 3.8 percent in March [2018] from a year earlier, the most since 2011" [1].
New York has a problem. San Francisco has a crisis.
I just negotiated a 2% rent cut. Like four luxury buildings opened nearby and sucked out our building's highest-earning renters by offering lots of perks for marginally more rent. I asked my landlord if he wanted another vacancy or to keep a hassle-free tenant--he budged.
And my experience is not that unique. "Manhattan rents dropped 3.8 percent in March [2018] from a year earlier, the most since 2011" [1].
[1] https://www.bloomberg.com/news/articles/2018-04-12/pick-a-ne...