djdjddhdhdh

djdjddhdhdh t1_jat5pkd wrote

That’s not how that works. Nyc issues bonds which investment companies buy with their client funds in order to earn interest. Nyc wouldn’t be able to just loan itself money even if was a bank, commercial and investment lines must have clear separation of funds by law. Their bank can borrow from the fed but those are short term loans for operating capital, like a day or two

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djdjddhdhdh t1_j7wl5nu wrote

Reply to Cheap Hotels by [deleted]

150 total or before fees and taxes. Every time I stay fees and taxes alone are around 50 a night.

You could try Jersey city near a path station, although they probably will run similar pricing nowadays

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djdjddhdhdh t1_j7hbuud wrote

They really need to relax it and provide more options like equivalent exchange. I remember reading about a jc developer who negotiated with the city that instead of designating 20% I think it was in 2 buildings they were building they would instead build another building in the cheaper part of town which will be 100% affordable and have double the units

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djdjddhdhdh t1_j7fkflf wrote

Taxes (except employer portion) is always on you. The only is difference is remittance. They don’t have an obligation to remit NYC portion on your behalf IIRC. But my only experience in that was with a non nyc company while living in nyc

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djdjddhdhdh t1_j5jpyoo wrote

Well the write really depends on what is being written off. AFAIK you still have to pay property taxes on empty properties. But you don’t pay income taxes, since there is no income, and you can transfer loss for certain amount of yers. We can’t particularly charge taxes on income that doesn’t exist, but loss write down could probably be discussed, but will be a difficult implementation

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