u/Top_Fish_961

Wake up people

Tea tax / Boston Tea Party	NYC pied-à-terre tax
British government wanted additional revenue from the colonies	NYC/NY State wants additional revenue to address the city's fiscal needs
Tax targeted a particular economic activity/product	Tax targets certain high-value non-primary residences
Government argued taxation served legitimate public purposes	Mamdani/Hochul argue the surcharge makes wealthy property owners contribute more to public services
Opponents viewed the tax as imposed by a government they believed did not adequately represent them	Critics can argue that non-NYC owners are being taxed by a city in which they may not reside or vote
Tax became a symbol of a broader dispute over government power	Pied-à-terre tax can become a symbol of a broader dispute over wealth taxation and NYC's treatment of wealthy/nonresident owners
Resistance was partly about the principle of taxation, not simply the amount	Opposition can similarly be about precedent: what other targeted taxes could follow?

Hi, I received word of a unit off market on E 83 btwn 2nd and 3rd, arguably one of the best blocks on the UES, it’s going for 3k, it has access to a private landscaped garden and high ceilings. The building is well maintained and there’s laundry/elevator. DM for full details, it’s an amazing opportunity to get into prime UES if you love the neighborhood.

Finding it very interesting with the latest media storm around Mamdani's alleged pro-tenant campaign. First off, the FARE Act was the worst decision ever, tenants are now scrambling to find apartments, those that are listed online are usually very low quality where the landlord really, really needs to hire a broker for help and/or extremely overpriced. There's a complete shadow market happening where you have to know the right people.

Why did this happen? Because the city never proposed a fair model, it was draconian and during the rulings, the city council could be seen scrolling on their phones, tiktok *Osse*, rather than hearing the other side. It was so easy to paint brokers as villains and everyone ate it up.

Now Mamdani's cashing in on the action, because nothing wins more votes than a rent freeze (BTW, in practice many rent stabilized units do not go to low income families, they go to high earners who are gaming the system and still complain about high rents, but don't want to buy and invest in the economy, also why Mamdani won, he won the majority vote among non-New Yorkers aged 18-30). Also, if you're buying this bs from him, it's just non-sense media headlines to win votes, take it from someone in the industry witnessing this first hand. Challenge goes likes this, next time the vote roll comes up, pretend you're looking for an apartment, try to secure one in your budget and see how that goes.

All, I have a studio for rent at W 85th St and Columbus Ave priced at $2650 unfurnished or $2915 furnished. It is located in a beautifully restored townhouse, on the third floor and minutes from Central Park and the A/B/C/D lines. Please contact me if you're interested, it's ready now!

https://preview.redd.it/qlbbdvig5g9h1.jpg?width=1196&format=pjpg&auto=webp&s=f0e505b0ade3d7ef7be1eb8418fc9c2b559d1bbf

I'd like to propose this topic as we are in a heated moment in NYC Real Estate post-Fare. I understand that people are so burned by rental costs, but I'd like to propose the question, are brokers knowledgeable? Is there a value in an individual who devotes their career to studying a very unpredictable market? Would love your thoughts.

Edit to orignal post: Is there a world where tenant and broker can ally? And how we can proceed on those terms?