updated July 1, 2022
Residents of Billionaires’ Row co-op told to pony up $280M or get lost
note: 2yrs ago with my real estate agent, Peter Zakian, we were looking at a very reasonably priced apartment. He brought to my attention this major issue. Thanks to him, I was not interested at all in this coop....
I am grateful that the coop that we own shares, few years ago, our board was very smart and bought the land that it's built on! Originally it was a 99 year lease!! We are lucky.
However, the maintenance fees are going up all the time and one neighbor is unable to afford it, she was crying but she is putting her beautiful 3 bedroom apartment for sale. However, she doesn't know where she is going! Her husband took off to ...... and took her name off the bank account and stopped helping with the maintenance! She cannot even afford food... so glad she opened up about it and we the neighbors are helping her out. THat's the least we can do. One son doesn't want to help at all and the other son is struggling financially and recently had to take out a loan.... Very sad situations indeed.
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Update March 5, 2021
Americans Are Leaving These US Cities In Record Numbers
Info about New York
4. New York City, NY
Major Industries: Financial services and health care
Total Population in 2020: 18,804,000*
Annual Growth Rate: -0.01%*
New York is one of the most iconic cities in the world, known for its melting pot of cultures, endless energy, and Wall Street. Even so, the city full of financial giants like JP Morgan has been seeing its population take a nosedive in recent years. While the concrete jungle has always been a symbol of hope, a lot of New Yorkers are realizing that the New York version of the American Dream is harder and harder to come by these days.
One issue that has impacted demographics is New York’s rise in crime. While the data suggests that violent crimes may be in decline, the city’s reputation for late-night muggings cannot be shaken, and may be a deterrent to new (and veteran) residents.
Many people are moving out of the city to increase their standard of living by getting more for their money elsewhere. New York is known for sky-high rent and enormous taxes, so people are leaving to find more suitable housing options in less densely populated areas.
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Updated information regarding New York City - Oct 2020
New York coronavirus exodus fuels ‘gangbusters’ Maine real estate boom
October 15, 2020
Breaking: Broadway Shutdown Extends Through May 2021
Broadway performances were initially suspended on March 12, 2020.
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Updated information -September 2, 2020
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