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Buying Airspace?

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San Lumen
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Buying Airspace?

Postby San Lumen » Fri Feb 08, 2019 4:45 pm

https://www.theguardian.com/cities/2019 ... super-rich

A new trend in NYC is for uber rich people to buy up literal airspace to build ugly pencil like towers for apartments they will never live in. Its a investment nothing more. There is a housing shortage in the city and officials have the nerve to wonder why? Fix the loophole in the law that allows this and build only affordable housing.

Housing should not be a privilege only the rich can afford. They should fix the law and stop construction of these luxury towers and tear these eyesores down.

Let these rich people build mansions instead how about a novel idea of them not having investments at the expense of everyone to flaunt their wealth?

Your thoughts NSG?
Last edited by San Lumen on Fri Feb 08, 2019 4:49 pm, edited 1 time in total.

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Loben
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Postby Loben » Fri Feb 08, 2019 4:49 pm

San Lumen wrote:https://www.theguardian.com/cities/2019/feb/05/super-tall-super-skinny-super-expensive-the-pencil-towers-of-new-yorks-super-rich

A new trend in NYC is for uber rich people to buy up literal airspace to build ugly pencil like towers for apartments they will never live in. Its a investment nothing more. There is a housing shortage in the city and officials have the nerve to wonder why? Fix the loophole in the law that allows this and build only affordable housing.

Housing should not be a privilege only the rich can afford. They should fix the law stop construction of these luxury towers and tear these eyesores down.

Let these rich people build mansions instead how about a novel idea of them not having investments at the expense of everyone to flaunt their wealth?

Your thoughts NSG?


an investment which they can make money off of rent?

fuck no, hell i applaud them for it, and depending on how you market it and manage it, recession proof.

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San Lumen
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Postby San Lumen » Fri Feb 08, 2019 4:50 pm

Loben wrote:
San Lumen wrote:https://www.theguardian.com/cities/2019/feb/05/super-tall-super-skinny-super-expensive-the-pencil-towers-of-new-yorks-super-rich

A new trend in NYC is for uber rich people to buy up literal airspace to build ugly pencil like towers for apartments they will never live in. Its a investment nothing more. There is a housing shortage in the city and officials have the nerve to wonder why? Fix the loophole in the law that allows this and build only affordable housing.

Housing should not be a privilege only the rich can afford. They should fix the law stop construction of these luxury towers and tear these eyesores down.

Let these rich people build mansions instead how about a novel idea of them not having investments at the expense of everyone to flaunt their wealth?

Your thoughts NSG?


an investment which they can make money off of rent?

fuck no, hell i applaud them for it, and depending on how you market it and manage it, recession proof.


No one is renting these places out. Its merely a place for uber rich to park their massive wealth. No one lives in these towers. They are eyesores and a waste of space.

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Trumptonium1
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Postby Trumptonium1 » Fri Feb 08, 2019 4:52 pm

Sometimes I wonder if I'm the same kind of luddite who opposed skyscrapers in the first place when art deco came in, or glass towers when postmodernism began.

As a non-NYC resident, these pencil towers completely ruin my image of NYC. They're extremely ugly. No wonder IKEA wallpapers don't even include them. My utopian view of NYC will forever be held in images of 2007 or GTA 4 or wallpapers, and never in reality. Shame.
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Loben
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Postby Loben » Fri Feb 08, 2019 4:52 pm

San Lumen wrote:
Loben wrote:
an investment which they can make money off of rent?

fuck no, hell i applaud them for it, and depending on how you market it and manage it, recession proof.


No one is renting these places out. Its merely a place for uber rich to park their massive wealth. No one lives in these towers. They are eyesores and a waste of space.


K.


They are eyesores and a waste of space.


so is modern art, your point?

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San Lumen
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Postby San Lumen » Fri Feb 08, 2019 4:53 pm

Loben wrote:
San Lumen wrote:
No one is renting these places out. Its merely a place for uber rich to park their massive wealth. No one lives in these towers. They are eyesores and a waste of space.


K.


They are eyesores and a waste of space.


so is modern art, your point?


Why should the rich get luxury towers that push people out of the city for apartments they will never live in?

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Loben
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Postby Loben » Fri Feb 08, 2019 4:55 pm

San Lumen wrote:
Loben wrote:
K.




so is modern art, your point?


Why should the rich get luxury towers that push people out of the city for apartments they will never live in?


did you know money talks? amaze right?

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San Lumen
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Postby San Lumen » Fri Feb 08, 2019 4:56 pm

Loben wrote:
San Lumen wrote:
Why should the rich get luxury towers that push people out of the city for apartments they will never live in?


did you know money talks? amaze right?


And they could fix the loophole in the law that allows this and these towers would be illegal.

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Trumptonium1
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Postby Trumptonium1 » Fri Feb 08, 2019 4:56 pm

San Lumen wrote:
Loben wrote:
K.




so is modern art, your point?


Why should the rich get luxury towers that push people out of the city for apartments they will never live in?


The poor can't live there anyway, so what?

No matter if you even let them live rent free there's still extremely high food costs, transport costs .. why should everyone subsidise them?

Much cheaper and better to move them out to suburbs. Or other cities in NY.
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San Lumen
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Postby San Lumen » Fri Feb 08, 2019 4:57 pm

Trumptonium1 wrote:
San Lumen wrote:
Why should the rich get luxury towers that push people out of the city for apartments they will never live in?


The poor can't live there anyway, so what?

No matter if you even let them live rent free there's still extremely high food costs, transport costs .. why should everyone subsidise them?

Much cheaper and better to move them out to suburbs. Or other cities in NY.


Why not just ban towers like this by fixing the loophole? Suburbs are bad for the environment anyway

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Loben
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Postby Loben » Fri Feb 08, 2019 4:57 pm

San Lumen wrote:
Loben wrote:
did you know money talks? amaze right?


And they could fix the loophole in the law that allows this and these towers would be illegal.


what loophole?

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San Lumen
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Postby San Lumen » Fri Feb 08, 2019 4:58 pm

Loben wrote:
San Lumen wrote:
And they could fix the loophole in the law that allows this and these towers would be illegal.


what loophole?

did you even read the article?

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Loben
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Postby Loben » Fri Feb 08, 2019 4:59 pm

San Lumen wrote:
Loben wrote:
what loophole?

did you even read the article?


no?

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San Lumen
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Postby San Lumen » Fri Feb 08, 2019 5:00 pm

Loben wrote:
San Lumen wrote:did you even read the article?


no?

How about you do so?

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Loben
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Postby Loben » Fri Feb 08, 2019 5:01 pm

San Lumen wrote:
Loben wrote:
no?

How about you do so?


i dont read the guardian.

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San Lumen
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Postby San Lumen » Fri Feb 08, 2019 5:03 pm

Loben wrote:
San Lumen wrote:How about you do so?


i dont read the guardian.

Don;t comment if your not going to read the article. What do you have against the guardian?
Last edited by San Lumen on Fri Feb 08, 2019 5:04 pm, edited 1 time in total.

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Loben
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Postby Loben » Fri Feb 08, 2019 5:05 pm

San Lumen wrote:
Loben wrote:
i dont read the guardian.

Don;t comment if your not going to read the article


do you own this thread?

did you pay max berry a premium in which you could decide who responds to your OP?

no?

well fuck me running.

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San Lumen
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Postby San Lumen » Fri Feb 08, 2019 5:07 pm

Loben wrote:
San Lumen wrote:Don;t comment if your not going to read the article


do you own this thread?

did you pay max berry a premium in which you could decide who responds to your OP?

no?

well fuck me running.

No. What do you have against the guardian?

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Bear Stearns
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Postby Bear Stearns » Fri Feb 08, 2019 5:07 pm

If we abolished zoning laws and construction restrictions, this wouldn't be an issue.
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San Lumen
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Postby San Lumen » Fri Feb 08, 2019 5:08 pm

Bear Stearns wrote:If we abolished zoning laws and construction restrictions, this wouldn't be an issue.


This is exactly why we need zoning laws and construction restrictions. Housing is a right not a privilege.

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The Black Forrest
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Postby The Black Forrest » Fri Feb 08, 2019 5:08 pm

Loben wrote:
San Lumen wrote:Don;t comment if your not going to read the article


do you own this thread?

did you pay max berry a premium in which you could decide who responds to your OP?

no?

well fuck me running.


Hmmm. It's called ignorance. Don't worry. Many here comment without reading.
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Bear Stearns
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Postby Bear Stearns » Fri Feb 08, 2019 5:10 pm

San Lumen wrote:
Bear Stearns wrote:If we abolished zoning laws and construction restrictions, this wouldn't be an issue.


This is exactly why we need zoning laws and construction restrictions. Housing is a right not a privilege.


Sure, but location is not.

You want affordable housing? Live in a place that's affordable. Not Midtown.
The Bear Stearns Companies, Inc. is a New York-based global investment bank, securities trading and brokerage firm. Its main business areas are capital markets, investment banking, wealth management and global clearing services. Bear Stearns was founded as an equity trading house on May Day 1923 by Joseph Ainslie Bear, Robert B. Stearns and Harold C. Mayer with $500,000 in capital.
383 Madison Ave,
New York, NY 10017
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Loben
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Postby Loben » Fri Feb 08, 2019 5:11 pm

San Lumen wrote:
Loben wrote:
do you own this thread?

did you pay max berry a premium in which you could decide who responds to your OP?

no?

well fuck me running.

No. What do you have against the guardian?


their opinion section and editorial team, its bland ass typical online news bullshit half of which can be found on BETTER websites if i could be assed to actually watch the news or read about it. i didnt give a fuck for years and dare i say ive been happier since.

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Bear Stearns
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Postby Bear Stearns » Fri Feb 08, 2019 5:11 pm

San Lumen wrote:
Loben wrote:
an investment which they can make money off of rent?

fuck no, hell i applaud them for it, and depending on how you market it and manage it, recession proof.


No one is renting these places out. Its merely a place for uber rich to park their massive wealth. No one lives in these towers. They are eyesores and a waste of space.


The owners pay property taxes on them, and they employ people to maintain these. What's it to you what someone does with their building? That isn't harming anyone.
The Bear Stearns Companies, Inc. is a New York-based global investment bank, securities trading and brokerage firm. Its main business areas are capital markets, investment banking, wealth management and global clearing services. Bear Stearns was founded as an equity trading house on May Day 1923 by Joseph Ainslie Bear, Robert B. Stearns and Harold C. Mayer with $500,000 in capital.
383 Madison Ave,
New York, NY 10017
Vince Vaughn

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Wunderstrafanstalt
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Postby Wunderstrafanstalt » Fri Feb 08, 2019 5:11 pm

So if the evil eyesore bourgeois castle is destroyed and we stack more zoning laws, will the poor magically have access to affordable housing in the middle of NY?

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