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>The institutional owners of property may end up taking a haircut. This is exactly why Mayor Adams wants people to come back to the office in NYC. NYC derives
by jdhn 4y ago
>The institutional owners of property may end up taking a haircut.
This is exactly why Mayor Adams wants people to come back to the office in NYC. NYC derives a big chunk of change from taxing corporate offices, and if the value goes down then NYC loses out on a lot of money.
- throwaway0a5e 4y agoAnd taxing the commuters, and the sandwich shops those commuters patronize, etc, etc.