NYC is getting what they voted for

[CAA Flagship]

https://therealdeal.com/2018/01/18/de-b ... s-shelter/

De Blasio wants the newest tenant on Billionaires’ Row to be a homeless shelter

The de Blasio administration is planning to open a shelter for 150 residents at 158 West 58th Street — the Park Savoy Hotel — in March, according to the New York Post. The Park Savoy stands back-to-back with One57, one of the glitziest apartment buildings in the city.

The shelter is part of the city’s plan to create 90 new shelters across the five boroughs, and the plans for the West 58th Street location came to light last week in letters to local politicians.

Mayor Bill de Blasio announced his “Turning the Tide on Homelessness” program last year and said neighbors would get a minimum of 30 days’ notice before a new shelter opened. He also said officials would take reasonable concerns and input from the community into account.

[dbackjon]

Awesome. Better than concentrating them in one area.

[Rob Iola]

I'll state the obvious - the city could sell that property and with the proceeds build a Taj Mahal shelter for 10 times the number of residents in a less pricey neighborhood.

[CAA Flagship]

I'll state the obvious - the city could sell that property and with the proceeds build a Taj Mahal shelter for 10 times the number of residents in a less pricey neighborhood.

No. Much better this way. Property values will drop within each impact zone and the City will get less tax revenue. It's brilliant. What's a few hobos between neighbors?

[Chizzang]

I'll state the obvious - the city could sell that property and with the proceeds build a Taj Mahal shelter for 10 times the number of residents in a less pricey neighborhood.

No. Much better this way. Property values will drop within each impact zone and the City will get less tax revenue. It's brilliant. What's a few hobos between neighbors?

You said:
Property values will drop... in Midtown Manhattan

That's funny

[VictorG]

I'll state the obvious - the city could sell that property and with the proceeds build a Taj Mahal shelter for 10 times the number of residents in a less pricey neighborhood.

In Arizona!

I like what Hawaii does where any homeless or in-need person can get a free one-way ticket back to the mainland!

[CAA Flagship]

No. Much better this way. Property values will drop within each impact zone and the City will get less tax revenue. It's brilliant. What's a few hobos between neighbors?

You said:
Property values will drop... in Midtown Manhattan

That's funny

OK, let's take it from another angle. The bums will have to panhandle $40 just to get a cheeseburger in that area of town.

[BDKJMU]

No. Much better this way. Property values will drop within each impact zone and the City will get less tax revenue. It's brilliant. What's a few hobos between neighbors?

You said:
Property values will drop... in Midtown Manhattan

That's funny

Yep. Attaching homeless shelters to super high end properties will not cause their values to drop at all.. ..

[Chizzang]

You said:
Property values will drop... in Midtown Manhattan

That's funny

Yep. Attaching homeless shelters to super high end properties will not cause their values to drop at all.. ..

Sometimes it's cute how dumb you are
You don't really know anything about Manhattan, do you?

For the past 85 or so years Manhattan has been (some of) the most sought after real estate in the world
Let that sink in... "In the world"

There are global corporations that wait years for suites and floors of midtown buildings to become available
In many cases paying an annual fee just to hold their spot in line



So... Take a close look at the piece of property in question
and this time next year it will be worth more than it is today
in this time in two years it will be worth more than that again - and again - and again

[BDKJMU]

Yep. Attaching homeless shelters to super high end properties will not cause their values to drop at all.. ..

Sometimes it's cute how dumb you are
You don't really know anything about Manhattan, do you?

For the past 85 or so years Manhattan has been (some of) the most sought after real estate in the world
Let that sink in... "In the world"

There are global corporations that wait years for suites and floors of midtown buildings to become available
In many cases paying an annual fee just to hold their spot in line



So... Take a close look at the piece of property in question
and this time next year it will be worth more than it is today
in this time in two years it will be worth more than that again - and again - and again

Claiming attaching homeless shelters will have zero effect on the said properties values is silly. Whatever the properties are worth, or will rise to, they will be worth even more, or rise faster, without the homeless shelters attached.

[Ibanez]

Yep. Attaching homeless shelters to super high end properties will not cause their values to drop at all.. ..

Sometimes it's cute how dumb you are
You don't really know anything about Manhattan, do you?

For the past 85 or so years Manhattan has been (some of) the most sought after real estate in the world
Let that sink in... "In the world"

There are global corporations that wait years for suites and floors of midtown buildings to become available
In many cases paying an annual fee just to hold their spot in line



So... Take a close look at the piece of property in question
and this time next year it will be worth more than it is today
in this time in two years it will be worth more than that again - and again - and again

I have to agree. Buildings are often times 100% leased months-years before construction ends. Bank of America built 1 Bryant Park - it's 100% occupied and the bank STILL has no room to put its own associates. Same thing is happening here in Charlotte with several companies and towers that are under construction.

I could see a decrease in value - but it'd be a drop in the bucket. It wouldn't even register.

[Ibanez]

I'm sure this already happens, but do any of these shelters allow the address to be used for residency purposes. That way, homeless people can apply for jobs (the one's that aren't on the streets due to mental issues and such?)

[Chizzang]

Sometimes it's cute how dumb you are
You don't really know anything about Manhattan, do you?

For the past 85 or so years Manhattan has been (some of) the most sought after real estate in the world
Let that sink in... "In the world"

There are global corporations that wait years for suites and floors of midtown buildings to become available
In many cases paying an annual fee just to hold their spot in line



So... Take a close look at the piece of property in question
and this time next year it will be worth more than it is today
in this time in two years it will be worth more than that again - and again - and again

Claiming attaching homeless shelters will have zero effect on the said properties values is silly. Whatever the properties are worth, or will rise to, they will be worth even more, or rise faster, without the homeless shelters attached.

Nope.. BDKJMU ^ What you're doing there is called "Emphasis shifting"
You didn't completely understand what you were talking about and were trying to make a point
and now you're working backwards or "shifting the emphasis" of your previous meaningless point



Your point: is still meaningless - so "shift away" my friend

[JoltinJoe]

No. Much better this way. Property values will drop within each impact zone and the City will get less tax revenue. It's brilliant. What's a few hobos between neighbors?

You said:
Property values will drop... in Midtown Manhattan

That's funny

How true. The other things is that the homeless people are already there all day. This is where they go to ask for money. I mean, where does CAA think they go? Mott Haven? This really changes nothing, except it just shortens the walking distance to "work."

[AZGrizFan]

Yep. Attaching homeless shelters to super high end properties will not cause their values to drop at all.. ..

Sometimes it's cute how dumb you are
You don't really know anything about Manhattan, do you?

For the past 85 or so years Manhattan has been (some of) the most sought after real estate in the world
Let that sink in... "In the world"

There are global corporations that wait years for suites and floors of midtown buildings to become available
In many cases paying an annual fee just to hold their spot in line



So... Take a close look at the piece of property in question
and this time next year it will be worth more than it is today
in this time in two years it will be worth more than that again - and again - and again

Well, I just gave up my place in line. So there’s that.

[Col Hogan]

Rich NIMBY’s

[Ivytalk]

Rich NIMBY’s

They prolly all voted for DiBlahzio, too.