While crazy, it's not quite as bad as it looks. In the article is says "And, most significantly, the building does not come with the land beneath it. That was sold by the seller to a company called Safehold for $285 million in 2019".
No son. It's 50-80 million (per CIRA, Cali budget office, Mexican office, Yale, Harataige, MIT)
And that is the medium mean. The real number could be/is even higher.
Remember that time Obama let 1 million a month in, for 8 years across the southern border and got an award for it? (no mention of visa overstay numbers from the east and west coast airports, just the southern border)
Overall, U.S. home prices are up more than 1,000 percent since 1974.
"So what, sonny? That means you'll only be able to afford 3 homes instead of the 4 like I have, excluding the winter getaway. You young people are so gosh darned entitled. I paid $400 for my first house and I got a free car with the purchase, just like everybody else did. Why don't you just shut up and get another job while I go on a cruise."
What we are witnessing is last stages of capitalism. Because money is becoming more and more meaningless the only commodity that will matter is bullets and fingers on triggers. When they pull the plug, very soon, total collapse will be swiftly followed by total chaos. Politicians will flee like rats from a fire. Police will cower in their fortresses until they surrender and then summarily executed in the street. Government offices, hospitals, fire service will all be crippled to the point of useless.
Happy New Year!
….oh wait…. you know that underwater volcano that is expected to blow sometime this year?…, ya it’s rigged and ready to go. They will nuke the fault line causing catastrophic devastation to the entire west coast. Set your calendar for early February. I hope I’m wrong……, I’m hardly ever wrong…., and that’s why I drink.
[ + ] CoronaHoax
[ - ] CoronaHoax 2 points 5 monthsDec 31, 2024 23:39:23 ago (+2/-0)
wtf!!!
[ + ] CaptainMongo
[ - ] CaptainMongo 2 points 5 monthsJan 1, 2025 02:21:05 ago (+2/-0)
https://nypost.com/2024/08/02/real-estate/huge-midtown-office-building-sells-for-a-97-discount/
[ + ] Deleted
[ - ] deleted 0 points 5 monthsJan 1, 2025 00:15:40 ago (+0/-0)
[ + ] NeverHappened
[ - ] NeverHappened -1 points 5 monthsJan 1, 2025 05:22:38 ago (+0/-1)
[ + ] con77
[ - ] con77 1 point 5 monthsJan 1, 2025 09:04:54 ago (+1/-0)
[ + ] glooper
[ - ] glooper 2 points 5 monthsJan 1, 2025 11:05:42 ago (+2/-0)
And that is the medium mean. The real number could be/is even higher.
Remember that time Obama let 1 million a month in, for 8 years across the southern border and got an award for it? (no mention of visa overstay numbers from the east and west coast airports, just the southern border)
Pepperidge farms remembers
[ + ] JustALover
[ - ] JustALover 0 points 5 monthsJan 1, 2025 09:25:35 ago (+0/-0)
"So what, sonny? That means you'll only be able to afford 3 homes instead of the 4 like I have, excluding the winter getaway. You young people are so gosh darned entitled. I paid $400 for my first house and I got a free car with the purchase, just like everybody else did. Why don't you just shut up and get another job while I go on a cruise."
[ + ] Deplorablepoetry
[ - ] Deplorablepoetry 0 points 5 monthsJan 1, 2025 03:24:24 ago (+0/-0)
Happy New Year!
….oh wait…. you know that underwater volcano that is expected to blow sometime this year?…, ya it’s rigged and ready to go.
They will nuke the fault line causing catastrophic devastation to the entire west coast. Set your calendar for early February.
I hope I’m wrong……, I’m hardly ever wrong…., and that’s why I drink.