Results for “highland park”

You can look at the metropolitan life building on madison square park… it’s rumored that building was supposed to be 100 stories… though they capped it at like 30 stories due to a previous financial crisis!

saying the most contrarian and controversial thing you could think of

Well, duh! Nothing is off limits when is comes to developing real estate. The city and state of New York can vote to sell central park tomorrow to developers, it is their prerogative as owners of that land. When the wealthy government and interests of New York City lose taxpayers and financial contributors, because people like you won’t let real progress happen, then don’t blame me for it. Take personal responsibility, humble up, and recognize that other cities around the world are doing far more disruptive things. Malaysia is spending 100 billion dollars developing a new island city. Egypt is spending 58 billion dollars building a new city just to the east of Cairo. Dubai, Abu Dhabi, Shanghai, Shenshen, Seoul, Beijing, Hong Kong, Kuwait, Singapore, Meccah, Kuala Lumpur, I can go on. All of those cities have developed at a much more impressive clip than New York City has in the past 25 years. You’re justifying keeping an outdated park undeveloped, when a new development would do light years better. Imagine 6th and 7th avenues extended through the park. Now there is far less separation between Harlem and Midtown, and the upper east and upper west sides. 51 new streets east and west, traffic couldn’t be more fluid. All you’d have to do after that is pave an avenue between 5th and 6th and you would be good to go.

The dollar IS almighty. You’ll learn that when the wealthy government, interests and citizens of NYC laugh you out of town for suggesting to develop Central Park for a quick buck. You think parks exist just to "balance the heat?"

You COULD have said Riker’s Island. That might have been an interesting point to have a constructive discussion, but since you are clueless you just pounced on saying the most contrarian and controversial thing you could think of based on looking at google maps.

As for your entire paragraph about social unrest, you are totally missing the point. Yes, extremist groups are instigating violence. That is old news, nobody denies that and if you actually had a clue you’d see that the overwhelming majority of protesters are peaceful and want one thing: real accountability for police brutality. It is that simple. Everything else is just noise, and points of view like yours calling BS on the whole thing are just fuel on the fire. You pick bullshit arguments that distract people from solving the real problem, and are no better than the assholes instigating the worst of the rioting behavior.

In Manhattan alone the park space combines to well over 5 trillion dollars in untapped development potential. Believe me, I have figured it out. Central park being the largest part by far. Don’t forget that just south of Central Park, Times Square brings in more tourists per year. I know, it sucks, and I hate the fact that advertisement space is more plentiful than actual real estate in that area. However, for that area, it is clearly more dense and more tourists go through that space per year than the entirety of your beloved Central Park, so whatever arguments you bring up have NO merit whatsoever, tourists and locals alike still go through the upper east and upper west side without stepping foot in Central Park. And do parks and landmarks do more than turn a profit? Sure they keep temperatures down, keep sense of place, and balance out the heat island effect somewhat, but those are ALL parochial arguments, and you’re forgetting that the dollar IS almighty, and at the end of the day, retirement is there for a reason. Want to build shit, come to New York. That should be the mentality. Public space can be built on top of the buildings to offset the reduction in ground-floor space, such as terraces, observation decks, and gardens, and you can build pipes, dikes, levies, and aqueducts to divert sea level rise. Amsterdam has been doing it for centuries. Just do that on a massive scale. Plazas can be built on ground level to add some more space as well. Geez, don’t take this shit for granted, developers spend massive money to build this stuff, they work long hours putting together RFPs and other things, just let them do their damn job and build!

As for social unrest, has there been any hard evidence such as texts, calls, emails, social media posts, letters, released to suggest that systemic racism exists? No, you are assuming that it’s racist just cause a white guy killed a black guy, so YOU are the racist here, if anything, and are you kidding me? Antifa, BLM, and all other far left organizations INSTIGATE things by dropping pallets of bricks near protest routes. So, they certainly aren’t condemning it! You can’t choose to ignore shit like this when it happens. Sometimes frustration and anxiety come from a person being so dogmatic in their way of thinking, they are more interested in how their arguments come out, rather than forming a legit argument to begin with. Form follows function, and I don’t feel insulted by anything other than postmodernism in its entirety, because you’re overcomplicating it to try and come off as charming. You’re New Yorkers for crying out loud, start acting like it!

What the government of New York City needs to do is to sell off significant undeveloped land and improved acreage they have, namely parks and landmarks that don’t turn a profit for the city. That should raise the funds needed to get out of this without federal assistance.

This, here, is indeed nothing short of political satire and that is a polite assessment of your otherwise uninformed, rambling and generic set of libertarian takes. Centipede is spot-on. If you are actually serious, show your math, if you dare (don’t forget to think about economic impacts over time, not just some round numbers in your excel spreadsheet). You overestimate how much unused property is available, or not already in the process of being sold. Then, you gonna justify selling off park land as a solid ROI proposition for New York City? Good luck. Parks and landmarks do more than turn a profit for the city. Ask anyone who lives in a real city. You’d know that if you weren’t taking kneejerk pot shots at a blue state.

Now for exhibit B:

And for those cheering this thing, rioting, looting, and other crap because "systemic racism" and other BS that has become en vogue for the democratic party in recent days, screw you, the unfavorable policies YOU have advocated for have led to New York City’s economic and social decimation.

You truly are a hopeless idiot if you think anybody cheers what’s going on. The rioters are useless assholes corrupting the purpose of the legitimate protests against police brutality. The point is lost as long as these hyenas are getting all the attention. Police brutality is a problem, and if you don’t believe systemic racism exists, you are truly lost. People are rightly frustrated and anxious to see reform. Take a break from smelling your own farts to recognize that.

If you feel insulted, think next time before you try dropping sage advice with zero perspective. Also consider that inciting arguments on blog comment threads is a troll’s work, and not exactly an effective way to gain perspective. I see your reverse psychology play and wish you all the luck in the real world.

Back to real estate, it’ll be tough for a while and there will be scars, but NYC will climb out of this horror show just like all the other ones before because for all its troubles this is still the god damn USA. Do your patriotic duty and believe that.

The finishes appear rather low end for a $900,000 house but I suppose that is today’s reality and Highland Park is a heck of a hot neighborhood. Speaking of hot, but the other kind of hot, I am sorry to wonder if there is any insulation in the roof as the house might be a tough one to live in without it.

I am sure this will make a young person or young couple happy.

He never said the Republicans would solve it. What he said was, "the problem will only get worse" and under Garcetti and the democrats. And that is a fact. Garcetti and the democrats refuse to do anything, even enforcing the valid laws, and they have created an environment where the homeless argue they are being "evicted" when the take over a park and the city then backs down and let’s them stay.

This neighborhood continues to mesmerize me. WTF are these houses?! The value proposition is, I dare say, not horrible for what you get on paper. Although, the buyer who can throw $3.5m at this place can also afford a much better location.

Not that this location is horrible. Solid train access, solid park access and safety to boot. But it’s an odd enclave, kinda reminds me of the Forest Hills historic district but with less charm. I have walked these streets a bit and they’re strikingly ordinary, at least in my opinion. You might as well be in Floral Park or Elmont.

It’s a strong prospect, fitting analysis given the nearby park. Ha.

With 2 rent controlled buildings in portfolio, the acquisition of potentially more rent controlled buildings, management fees, all other below the line company costs as well. = Good luck with those quarterly dividends.

The people they are soliciting are not the investor pool who have disposable income to sit on for a long time. The only people I see benefitting from investing are the tenants in the rent controlled buildings. Or if some Eastside Hipster wants to impress a date by walking by a building in Echo Park and say "I’m a part owner in that building" (wink wink I invested 100 bucks)

NICO can do the same mission (save rent control buildings, control gentrification, whatever) without soliciting funds from pool of people with little disposable income. It’s called bank loans, high net worth private investors who care for NICO’s cause, or put their own money in.

I may have missed something in article but how much is NICO core group personally investing in these buildings? Will they take their quarterly management fees and reinvest back into the company?
In real estate investing is it always a red flag when a person is soliciting OPM "other peoples money" and taking a "fee" regardless of the outcome of the project. And this one is also using a PC cause as the core mission.

Los Angeles tax payers funded 1.2B on HHH for a "good cause" to get the homeless off the streets.
3 years later. 1 building, worse situation. Where did all the money go? HMMMMM!

I’m a huge advocate of parks (I’ve volunteered for years), but parks, like all public services are going to be diminished, in years to come. No matter who is in the White House, the pandemic has assured that we’re in for a 5-10 yr recovery period – or longer. States and municipalities are broke, and the Fed can’t print (currency) its way out.

So yes parks, which have been underfunded during the best of recent economic times, are going to take a hit. People can certainly volunteer to help keep up park appearances, but history shows that only a precious few actually offer to help. It’s doubtful that parks will diminish to the condition of the 70’s & 80’s, but we’re certainly in for a noticeable decrease in parks quality and services provided – Along with public library hrs, public school services & after-school programs, and overall NYC/NYS general services. As such, although highly visible – I expect that diminished parks quality won’t the top of people’s list of dissatisfaction, over the next 10+ years.