It’s Reddit, lower your expectations

I'll throw in $200.

I’ve never seen anyone get so mad at a subway extension lol 💀

Well print is dead so the Daily Bugle had to move out, they were the biggest tenant

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Fella on the right has seen some stuff.

Fella on the right has seen some stuff.

Reddit whines about everything. Doubly so in this sub.

Also in a better part of the neighborhood though nearby. Being West of Broadway makes a huge difference.

You want more social services over equality and acceptance… must be nice to be privileged

MTA corrupt to the core, an agencies that spend taxpayers money should be scrutinized and sorry to break to you but NYC subway is dogshit when compared to other developed countries and yet we spend most money than anyone.

Same mentality. And needless to say a diehard MAGA Republican like so many (the vast majority?) of residents there.

I'm in Union Square to meet a friend for lunch. I arrive to find that the restaurant has been shut down by the DOH: https://i.imgur.com/qJtWcMK.jpeg A few weeks ago I just received a food handler's license, and along with that respect for the DOH inspectors and the science behind the rules. Anyway, outside the restaurant there is guy complaining that he can't eat at this restaurant today, that if he were in another country he could be having lunch right now.. I just couldn't believe it. So a shoutout to the DOH for protecting fools like this from Ciguatera, Scombroid, Anisakiasis and other fun diseases!

I've lived in NYC since 2005 and have lived in multiple stabilized units and unstabilized units. There was no lottery, it was like finding a normal unit but you signed a stabilized lease. Not sure what the hell you are talking about. I can tell you with 100 percent certainty that the stabilized units were shit holes compared to the other units and that buildings with stabilized tenants were run far worse. Things were not fixed, you had to fight about heat, et cetera. The current proposed law would turn the entire housing stock into this.

As I mentioned above, it is great for existing tenants in the short term, bad in the long term, and a disaster for new tenants and landlords.

When you have entities like MTA then the worst car centric city is better

DWI’s been getting dismissed for over a decade.

Ackchyually that’s not how you write it lol

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And the next sentence after that said what?

> This does not end well at all.

It ends well for working class people who rent.

> rent stabilized places vs market rate places

Are you sure you live here? Everyone of my friends and colleagues have applied for rent stabilized units, often weekly, trying to be one of the lucky few selected by competitive lottery who gets to live in rent-stable housing.

There are obvious problems with the management and funding of rent-stable units, but those problems are solvable vis-a-vis broader policy in the works from tenants rights organization and others. I don't know anyone who would turn down the chance to live in one.

It’s the lack of funding!!

Leftists in Reddit told me we just need to tax the shit out of everyone and blindly throw money at every problem and everything is going to be fine.

I mean that is a subset of the housing stock in NYC but not really relevant on average. This is a perpetual contract, just only one side really has power to break it.

In practice, this law is giving one side of a contract, the rentor, perpetual rights over somebody else's property and setting price controls to boot, and the other side of a contract, the landlord, no consideration at all. This does not end well at all.

And this isn't really an academic point. It's not hard to see the difference in quality of rent stabilized places vs market rate places on average. A decade plus in NYC makes that one abundantly clear. Now add in less incentive to be a landlord and build additional rental stock, less tax benefits to go along with rent controlled prices, and much more risk. This is an absolute disaster in the making

Lol the city’s inaction at curtailing landlord gouging ? The city is just as much to blame in a sense because they let greedy landlords charge whatever they want.

But let’s be real here landlords are getting greedier post Covid and it’s our problem now.

And your contractual rights are subject to regulations under current law because you’re putting the space on an open market and we can regulate for the public good which good cause is undoubtedly.