Quote:
Originally Posted by mrnyc
iand nyc isnt losing any tax money here.
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Of course NYC is losing huge tax revenue.
The current building produces no income. The future building will produce massive income. If this guy holds out for a year or two, that's probably eight figures in lost municipal revenue right there. And for what?
Even worse, the guy appears to have quit his job for this charade. Pre-pandemic, there wasn't a hold on evictions, but during the pandemic, unemployed New Yorkers can't be evicted. So this guy is refusing to work in the middle of a full employment/employee shortage, to preserve his apartment. The fact that this makes economic sense is public policy madness.