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September 07, 2020
Report: Financial Analysts Will Not Be Returning to New York City Until April 2021That's a very long time for companies to test out their new, government-ordered "no need for expensive commercial real estate" plan. And their "absolute destruction of blue cities' tax base" plan. Not only won't the Financial Analysts not be working in NYC,but a lot of their support staff will be furloughed as well. Assistants will keep working, but people associated with physical plant and human resources won't. And this is a barometer for all other industries' workers' return to NYC. If April 2021 is the return date -- what the hell does NYC do for a full year of trashfire tax income? And what happens when 80% of those businesses then decide never to return, but to put many workers on permanent home-office duty, and build a smaller office for seeing clients and in-person meetings in a cheaper suburb? Every single business is conducting statistical evaluation to determine what level of lost productivity and lost earnings can be attributed by having an at-home workforce. As I've said a hundred times: If those losses are less than the cost of very expensive NYC commercial real estate, goodbye, NYC, hello, some industrial park outside Rumson, NJ or Greenwich, CT. Not because he want to, of course. But because he has to. The former wealthiest city in history is now out of money. And I bet those 2,200 fired workers are just the star. New York heavily relies upon its bustling commerce, entertainment and social activities to draw in and keep people. Without restaurants, concerts, museums, sporting events and people commuting into Manhattan from the other boroughs (New York City comprises of five boroughs), the city has quickly changed. Residents have fled the city. Meanwhile, in North Gommorah, Pinterest has paid a huge amount -- $89.5 million -- as a get-out-of-lease-early payment. If you think the property you're renting is going to hold its value or appreciate in the future, you keep it. You can always lease the space. But if you think the property you're leasing is about to fall drastically in value, you might be willing to pay $89.5 million to skip out early. Pinterest, a social-sharing site popular for pinning recipes, home inspiration and more, has canceled its large San Francisco office lease. In Minneapolis, business owners are deciding that there is no longer any point attempting to farm the land in a city that deliberately breeds and welcomes Locusts. That helpless feeling grew throughout Wednesday night, as Steffes watched surveillance video of looters ransacking her store. He wrote to the city council for months, and only one of them bothered responding to a local business owner. It is time for wicked things to die.
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Javi Milei Defunds the Bureaucrats Tasked with Reducing Violence Against Women and Yet the Murder Rate of Women Somehow Drops 10% Anyway
America's Worst Previous President, Jimmy Carter, Dead at 100 THE MORNING RANT: Government is Paying Manufacturers to Produce Electric School Buses, and Then Paying School Districts to Buy Them Mid-Morning Art Thread The Morning Report — 12/30/24 Daily Tech News 30 December 2024 Sunday Overnight Open Thread - December 29, 2024 [Doof] Gun Thread: Post Christmas and Pre-New Year 2024 Edition! Food Thread: Raccoons, Brisket, And Latkes...A Match Made In Heaven! First-World Problems... Search
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