No deals in 2019

From CNBC:

Here’s why the housing market, while still risky, won’t be all bad for buyers in 2019

With spring on the way, many home buyers are starting their hunt for a new home. But with the housing market in transition, will they be able to find what they’re looking for?

Thus far this year, the 30-year-fixed has averaged 4.46 percent, down from 4.54 percent in 2018. The dip in interest rates, combined with modest gains in home prices, have helped turn some parts of real estate into a buyer’s market – but one clouded by at least some uncertainty.

“Going forward, it won’t be the record number of sales we saw in 2017, but we have seen mortgage rates come down considerably over the course of even the new year,” Nela Richardson of Edward Jones Investments and former chief economist at Redfin, told CNBC’s “On the Money” in an interview. “That is a good advantage for buyers.

However, it wasn’t just interest rates that caused buyers to pull back in 2018. Many home buyers couldn’t find a home that fit in their budget, and Richardson said that’s not likely to change this year.

“That’s going to be the myth in the housing market you are going to see play out in 2019. You’ll see reports that inventory is increasing, but it’s increasing at price points that are not affordable to millennials or first time buyers,” she said. “And that has been persistent for the last five years.”

This entry was posted in Demographics, Economics, National Real Estate. Bookmark the permalink.

99 Responses to No deals in 2019

  1. Mike says:

    Good Morning New Jersey

  2. The Original NJ ExPat says:

    Good morning Mike.

  3. D-FENS says:

    Trump told Cuomo to start Fracking in his meeting yesterday.

  4. chicagofinance says:

    Q: I forget….. what is that program that can be installed on a Windows desktop that takes an inventory of a computer and then gives diagnostic recommendations to improve performance?

    Is it Malwarebytes?

    My desktop is starting to slow down, but I know that just adding some memory will extend it at least 18-24 months…….

    thx in advance

  5. 3b says:

    But they are increasing at prices that are not affordable to millenials and that is not sustainable and will change.

  6. Grim says:

    How old? What CPU? How much ram?

    Install a Solid State HD and reinstall windows. This will yield better performance, as most recent computers aren’t ram limited.

    Youll be fine for a while.

  7. Blue Ribbon Teacher says:

    I was able to run a desktop for 12 years by having one hard drive dedicated to storage and the other dedicated to the operating system. Every time something went wrong, I just reinstalled windows on the dedicated operating system hard drive.

    We have a computer at my lab at Rutgers, it runs an old program off of Windows 3.1 for a UV detector we used. We never shut it off. We have it on a backup battery supply so that it stays on even during power outages. Stayed on during Sandy. It hasn’t been turned off since like 1995. If had a 3 inch cantilever of dust coming out from the fan. I don’t even want to know what the inside looks like. But hey…it still runs.

  8. grim says:

    My 10 year old Macbook pro is as fast as my 2016 Macbook after going SSD.

    So good, in fact, that it made me regret the new MacBook.

  9. Bruiser says:

    The really old hardware was just built tougher. Where I work we had an old Compaq running Windows 95 that was dedicated to running a legacy batch label printing program & the associated specialty label printer. Never turned it off, always coated in dust, 21 inch CRT monitor, you know the deal. It finally crapped out in October.

  10. grim says:

    Some of those old boxes will run forever, or until you accidentally turn them off.

  11. Juice Box says:

    Brusier – have you been sitting in front of the same leaky electron gun for 20 + years? CRTs were fragile never saw one used daily last more than 7-8 years. LCDs are supposed to be good for 20 + years. I haven’t kept one that long since 4K + etc is out etc.

    As far as Win 95 I still remember the mania when it came out, people camped out overnight at Egghead software on Rt 4 in Bergen County to buy their copy. It rivaled the iPhone mania we saw in recent memory.

    SSD is a good way to upgrade any PC or Mac since the prices came down $130 for a 1 TB Drive now, very very cheap upgrade. Just make sure you know how to clone a drive correctly.

    Plenty of online help.

  12. The Great Pumpkin says:

    Anyone have a favorite modem and router for high speed?

  13. The Great Pumpkin says:

    No combo, just individual modem and router.

  14. The Original NJ ExPat says:

    What grim said. If you have 8GB of RAM and Windows 10, more memory is probably not going to make a noticeable difference by itself.

    It takes some expertise, but it’s also worth finding out you don’t have a bunch of crap you don’t need auto-loading at boot. Assuming you have a Windows 10 machine, run Windows Defender first, use Malwarebytes next, maybe RKill, etc.

    Years ago I put my whole family on Macs just to eliminate these headaches. I allowed my two teenage daughters to buy Windows 10 laptops (their own money, of course) and haven’t heard of any problems yet. Maybe Windows 10 is better at preventing stupid moves?

    Install a Solid State HD and reinstall windows. This will yield better performance, as most recent computers aren’t ram limited.

  15. The Great Pumpkin says:

    This means stagnation in pricing till the market participants can afford to push up prices. People are not just going to start unloading their homes to meet the market….housing doesn’t work like this. People will sit on it rather than take a huge loss. A few might sell for a loss, but the overall market will not.

    3b says:
    February 14, 2019 at 8:46 am
    But they are increasing at prices that are not affordable to millenials and that is not sustainable and will change.

  16. The Original NJ ExPat says:

    ^^^ Both daughters bought their laptops within the last 6 months. One bought an HP, the other a Lenovo.

  17. The Original NJ ExPat says:

    Hard disk speed, all other things being equal, makes a ton of difference for most people. The SSD route is a great move. Almost 20 years ago I had a high end laptop, back when that meant $3500-$4000, a Dell C400. About 6 years later I replaced the 5400rpm HD 40GB hard disk with a 100GB hard drive running at 7000 RPM. It was like having a brand new PC.

  18. leftwing says:

    Chi, it’s malwarebytes. I stepped in some poo with my new (last year) Spectre SSD. Was recommended to me by someone here (lib?). Cleaned my drive well.

  19. leftwing says:

    Breaking…Amazon pulling out of NYC

  20. 1987 Condo says:

    Cautionary tale for purchasing solar paneled homes with long term contracts:

    https://www.bloomberg.com/graphics/2019-sunrun-solar-panels/?srnd=premium

  21. The Original NJ ExPat says:

    Amazon cancelling HQ2 in Long Island City. Apparently they read this blog and did not want to be in Pumpkin’s definition of NYC. They are moving west of 287 to someplace that will make Pumpkin look stupid, as if you can’t do that without billions of dollars of investment.

  22. The Original NJ ExPat says:

    Isn’t Bezos cancelling NY HQ2 just a little bit like Musk saying he was taking Tesla private? What a pecker.

  23. The Original NJ ExPat says:

    Suck it Cuomo. Your governor brother too.

  24. leftwing says:

    Early reports saying AMZN won’t reopen process, just go with VA and TN.

    Feels like a hard b!tch slap. AMZN to the State of NY—get your fcuking liberal idiots in order

    NY comes back with a mea culpa and a bouquet of flowers and a pretty please….or…..AMZN can at any point reach out to any of the other cities, double down on VA, or open TN up from just a center to a HQ v2.1

  25. JCer says:

    Left they need the NY presence and the DC presence no matter what. AWS professional services and the banking sector as well as Government. That is the source of revenue growth at amazon. They will either double down on VA or find a different albeit smaller office expansion plan for the NY market. Forget TN, not a great market so tech talent.

  26. The Great Pumpkin says:

    Thank you, AOC! Nj is going to take this, it’s obvious.

    “The change of plans, which has been speculated for close to a week, brings renewed hope for other cities, including Newark, who hoped to lure the tech giant and close to 25,000 jobs to their states.

    After a flurry of contradicting reports published late last week, officials from near and far have come forward to remind the tech giant that if New York City doesn’t want Amazon, there are plenty of places that do. Now, it seems like their outreach did not fall on deaf ears.

    In New Jersey, where Newark was named a finalist in the year-long bidding process for Amazon’s so-called HQ2, elected officials and city leaders reportedly have kept in touch with the company in hopes of keeping the campus near, if not in, New Jersey.”

    https://www.northjersey.com/story/news/business/2019/02/14/amazon-hq-2-nyc-doubts-renewed-hope-newark-amazon-hq-2/2837929002/?for-guid=306b3196-36ab-e611-b81c-90b11c341ce0&utm_source=northjersey-News%20Alert&utm_medium=email&utm_campaign=news_alerts&utm_term=news_alert

  27. The Great Pumpkin says:

    Newark it is. They need the outlet to nyc talent, plain and simple. No going back on their plans now. They have been planning nyc metro for a reason and will not back out now. Nj is theobvious choice since it’s badically basically another nyc borough.

    JCer says:
    February 14, 2019 at 12:10 pm
    Left they need the NY presence and the DC presence no matter what. AWS professional services and the banking sector as well as Government. That is the source of revenue growth at amazon. They will either double down on VA or find a different albeit smaller office expansion plan for the NY market. Forget TN, not a great market so tech talent.

  28. Texting says:

    Yes pumpkin. You should pickup some cheap apts in ghetto Newark this weekend. I also feel they might come to Wayne and take over toysarus place.

  29. Yo! says:

    https://www.governor.ny.gov/news/cuomo-announces-new-amazon-office-new-york-city-will-create-2000-jobs

    Amazon will build its New York HQ2 quietly through more deals like this. Plenty of room on west side to accommodate Amazon and unlike Long Island City, capable office building developers already control the land.

  30. ExEssex says:

    Ooooo Newark is lovely. Especially all of the crack ho’s.

  31. ExEssex says:

    I guess AOC figured none of “her people” would get jobs at Amazon. Betcha she feels a backlash – big time

  32. Fast Eddie says:

    It’s Trump’s fault that AMZN cancelled LIC.

  33. ExEssex says:

    I think AOC and Co. own this one Edward.

  34. ExEssex says:

    Amazon, which doubled its profits and made more than $11 billion in 2018, won’t pay any federal income taxes for the second year in a row, the Institute on Taxation and Economic Policy reported on Wednesday.

    The company will not be required to pay the standard 21 percent income tax rate on its 2018 profits, and is claiming a tax rebate of $129 million, which ITEP describes as a “a tax rate of negative 1 percent.”

  35. Fast Eddie says:

    AOC needs a good spanking! [walks away, whistling…]

  36. Libturd...look me up in Costa Rica says:

    I can’t believe the fanatical following, both pro and anti, that AOC is attracting.

  37. Libturd...look me up in Costa Rica says:

    Besides the replacement SSD drive for old spinning platters, reformatting your CPU often will make your computer feel brand new. I employ the same strategy as ExPat. Laptop internal drive runs Windows only. All programs and docs go on external drive. I reformat at least twice a year.

  38. Fast Eddie says:

    Libturd,

    It’s the same fanatical hysteria created by the media regarding the SALT deductions. People are dying in the streets because of it.

    Can we go back to Russian collusion? How about the poor children dying at the southern border? Let’s manufacture something new for the stup1d masses.

  39. ExEssex says:

    1:17 let’s talk about the rats in Downtown LA …. my gaaaawd

  40. ExEssex says:

    it seems there are rats in City Hall — There were 19 cases of typhus reported in downtown Los Angeles in 2018. 3rd World anyone??

  41. texting says:

    So whatz gonna happen to all those people snapped apartments in a hurry in LIC?

  42. JCer says:

    I wouldn’t bank on Newark for Amazon. My money is on increased presence in Midtown or Downtown NYC or Jersey City(Or Hoboken as long shot) if they look at NJ. They need a larger home base for sales people and sales engineers, people who will go on extended client engagements and a good space for the old dog and pony shows to sell millions in infrastructure and services to NY based clients. Newark is not the kind of place you want to bring clients….. Truth be told if NJ wasn’t so hell bent on Newark to begin with they might have been able to get it in the first place.

  43. D-FENS says:

    LOL so many people on social media celebrating Amazon pulling out of NYC think now they can spend “tax abatements” somewhere else….

  44. D-FENS says:

    Yay….you dolt

    @eorlins
    Follow Follow @eorlins
    More Eliza Orlins Retweeted The New York Times
    Congratulations, New York! We did it! Organized dissent works. Now maybe that money that was going to go towards tax subsidies for Amazon can go towards fixing the subway, @NYGovCuomo @NYCMayor! #AmazonHQ2

  45. Ottoman says:

    If you’re on the same political and philosophical side of the people who believe Trump when he says late term abortions mean babies are being born alive and then killed by their doctors….you might be brain dead garbage. Just sayin…

    Fast Eddie says:
    February 14, 2019 at 1:17 pm
    Libturd,

    It’s the same fanatical hysteria created by the media regarding the SALT deductions. People are dying in the streets because of it.

    Can we go back to Russian collusion? How about the poor children dying at the southern border? Let’s manufacture something new for the stup1d masses.

  46. chicagofinance says:

    Not a cautionary tale….. absolute truth in plain language…..

    skinny: crony capitalism sheathed in socially conscious pablum for the weak minded.

    1987 Condo says:
    February 14, 2019 at 11:50 am
    Cautionary tale for purchasing solar paneled homes with long term contracts:

    https://www.bloomberg.com/graphics/2019-sunrun-solar-panels/?srnd=premium

  47. chicagofinance says:

    SOL

    texting says:
    February 14, 2019 at 1:25 pm
    So whatz gonna happen to all those people snapped apartments in a hurry in LIC?

  48. The Great Pumpkin says:

    My god, you can’t really make this stuff up. Are they really this ignorant? Subsidies can now go towards the subway?? Do these subsidies come from magical trees that grow money?

    Criminal to have politicians in power that have no understanding of how money works.

    D-FENS says:
    February 14, 2019 at 1:36 pm
    Yay….you dolt

    @eorlins
    Follow Follow @eorlins
    More Eliza Orlins Retweeted The New York Times
    Congratulations, New York! We did it! Organized dissent works. Now maybe that money that was going to go towards tax subsidies for Amazon can go towards fixing the subway, @NYGovCuomo @NYCMayor! #AmazonHQ2

  49. The Great Pumpkin says:

    Criminal. Pure and simple, legalized theft.

    chicagofinance says:
    February 14, 2019 at 1:38 pm
    Not a cautionary tale….. absolute truth in plain language…..

    skinny: crony capitalism sheathed in socially conscious pablum for the weak minded.

    1987 Condo says:
    February 14, 2019 at 11:50 am
    Cautionary tale for purchasing solar paneled homes with long term contracts:

    https://www.bloomberg.com/graphics/2019-sunrun-solar-panels/?srnd=premium

  50. The Original NJ ExPat says:

    NewarkWayne it is. They need the outlet to nyc talent stupid, uneducated polacks, plain and simple.

    Wayne already has the double yellow infrastructure.

  51. texting says:

    Expat, which part of Wayne. I heard prices went up 8% in Wayne since the amazon announcement today.

  52. Juice Box says:

    I can imagine there are a bunch of Angry Flippers in Long Island City.

    “In the wake of the neighborhood’s selection, real estate brokers reported hordes of buyers and investors descending, prices jumping 10% to 25% overnight and the number of sales tripling and quadrupling.”

    https://www.realtor.com/news/trends/if-amazon-goes-elsewhere-what-happens-in-long-island-city/

  53. The Great Pumpkin says:

    Expat is bitter that he couldn’t hang in the nyc metro area economy……run away!

  54. The Great Pumpkin says:

    For example, when he investigated the rDNA clocks in mice who were part of a fasting experiment, he found that their clocks showed less signs of biological aging, even if the mice themselves were older chronologically.

    Because fasting has been shown to extend life in animals and reset biological clocks in the past, he suggests that its effects on the rDNA clock are a good sign.

    https://www.inverse.com/article/53298-new-biological-clock-discovered-in-human-body?utm_source=OneSignal&utm_medium=notification&utm_campaign=mind-body-2-14-2019

  55. The Original NJ ExPat says:

    I can’t control what Pumps charges for floor space in his daughter’s room, or the discounts for babysitting.

    Expat, which part of Wayne. I heard prices went up 8% in Wayne since the amazon announcement today.

  56. The Great Pumpkin says:

    I’m prob never selling my wayne home, wtf do I care about the price? Am I going to flip it?

    texting says:
    February 14, 2019 at 1:51 pm
    Expat, which part of Wayne. I heard prices went up 8% in Wayne since the amazon announcement today.

  57. Bruiser says:

    Yes, Eliza. We’re going to lower the MTA’s tax obligations to New York so they can afford to fix their subway system. Here’s your sign…

    D-FENS says:
    February 14, 2019 at 1:36 pm
    Yay….you dolt

    @eorlins
    Follow Follow @eorlins
    More Eliza Orlins Retweeted The New York Times
    Congratulations, New York! We did it! Organized dissent works. Now maybe that money that was going to go towards tax subsidies for Amazon can go towards fixing the subway, @NYGovCuomo @NYCMayor! #AmazonHQ2

  58. The Great Pumpkin says:

    I don’t like change. Moving is an enormous headache. The less times I have to move, the better. So I will try to stay in my home for as long as I can. It’s an easy way to save money….buy your first home that you can live in forever. I was fortunate to go this route.

  59. Comrade Nom Deplume, Serial Insulter says:

    “D-FENS says:
    February 14, 2019 at 8:07 am
    Trump told Cuomo to start Fracking in his meeting yesterday.”

    I think the “r” was silent

  60. Bruiser says:

    JCer, 1:28

    Our elected officials actually bought the boolsheet line from Bezos about Amazon looking to make the biggest community impacts, etc. so they pinned their hopes on this “fixing” Newark. Whereas Cuomo and DiBlasio knew it was all about the benjamins and the hipster paradise nabes.

  61. Fast Eddie says:

    Ottoman,

    I think you were a late term ab0rtion.

  62. Yo! says:

    Don’t worry about Long Island City residential real estate values. From H&R REIT’s 2018 annual report released this morning:

    “Jackson Park, the 1,871 luxury residential rental unit development in Long Island City, NY, in which H&R has a 50% ownership interest, is nearing completion and expected to be transferred to investment properties in Q1 2019. H&R’s trophy project is on budget and slightly ahead of the development lease-up schedule. As at December 31, 2018, 1,274 leases had been entered into and 1,231 units were occupied. The remaining lease-up is expected to occur during the balance of 2019 with stabilized occupancy expected to be achieved during Q3 2019. Upon stabilization, the first full year’s property operating income at H&R’s ownership interest is projected to be U.S. $35.9 million, equating to a 6.2% yield on budgeted cost of U.S. $580.7 million. Jackson Park, at the 100% level, has been valued at approximately U.S. $1.6 billion as at December 31, 2018 compared to costs to date of approximately U.S. $1.1 billion, resulting in a fair value increase of U.S. $522.6 million since the start of the project.”

    H&R REIT explicitly stated the valuation assumes no impact from Amazon. Empirical evidence real estate investors are making a lot of money in LIC.

  63. The Original NJ ExPat says:

    Fourth or Fifth trimester is my take.

    Ottoman,

    I think you were a late term ab0rtion.

  64. Fast Eddie says:

    Anything is possible: today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon’s corporate greed, its worker exploitation, and the power of the richest man in the world.

    This is how the tippy top left defines success. This is how the f.ucking warped left and their horde think. A job is now called worker exploitation.

  65. grim says:

    AOC doesn’t need jobs, the government has enough money to pay everyone to sit around. We’ll just appropriate funds from all the billionaires, after all, they probably all just stole it anyway.

  66. Bruiser says:

    grim, 2:58

    The Federal Reserve will just have to extend everyone just a little more credit this month

  67. The Original NJ ExPat says:

    Pumpkin is bitter he couldn’t go to college or be in Boston when his wife was up here having the time of her life.

  68. JCer says:

    LIC real estate will be fine NYC is still good as gold. Bezos is a tax cheat and cheap offering 7bn was a good start but Newark isn’t going to attract tech talent, especially young college grads who you don’t have to overpay. The kids can be hired and farmed out as AWS implementation engineers for between $200-$400 an hour. I work in Newark only people who live in Essex suburbs want to go there, even then it’s not my favorite place besides being a relatively short commute.

    Pumpkin has finally said something I agree with, moving sucks and costs you money.

  69. chicagofinance says:

    Dude…… it’s a fcuking REIT appraisal….. theoretical shite

    Yo! says:
    February 14, 2019 at 2:38 pm
    Don’t worry about Long Island City residential real estate values. From H&R REIT’s 2018 annual report released this morning:

    “Jackson Park, the 1,871 luxury residential rental unit development in Long Island City, NY, in which H&R has a 50% ownership interest, is nearing completion and expected to be transferred to investment properties in Q1 2019. H&R’s trophy project is on budget and slightly ahead of the development lease-up schedule. As at December 31, 2018, 1,274 leases had been entered into and 1,231 units were occupied. The remaining lease-up is expected to occur during the balance of 2019 with stabilized occupancy expected to be achieved during Q3 2019. Upon stabilization, the first full year’s property operating income at H&R’s ownership interest is projected to be U.S. $35.9 million, equating to a 6.2% yield on budgeted cost of U.S. $580.7 million. Jackson Park, at the 100% level, has been valued at approximately U.S. $1.6 billion as at December 31, 2018 compared to costs to date of approximately U.S. $1.1 billion, resulting in a fair value increase of U.S. $522.6 million since the start of the project.”

    H&R REIT explicitly stated the valuation assumes no impact from Amazon. Empirical evidence real estate investors are making a lot of money in LIC.

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  71. chicagofinance says:

    Seth P!nsky, an executive vice president at RR Realty.

    “The people who are younger and don’t remember the fact that New York was not always thriving, I think don’t understand that as bad as the problems of growth are, the problems of decline are even worse.”

  72. abeiz says:

    Can’t help to think of how many RE transactions in the area closed above asking since the announcement was originally made.

  73. Juice Box says:

    AOC – cheering the Amazon cancellation of 25,000 jobs? She is one term now for sure, the Democrats in NY will run a challenger in the 2020 primary.

    Cuomo must be kicking his dog and slapping his wife around after this week.

    Amazon would’ve created 25K jobs w/avg. salary of $150K. Well above your the $15/hr. min wage. It would’ve meant $10B in tax revenue vs $3B in incentives, a net gain of $7B for NY. Not 2 mention the local businesses who’d benefit from the spending from those jobs.

    Basic math. not the strong suit of the mouth breathers….

    https://www.bloomberg.com/news/articles/2019-02-14/ocasio-cortez-cheers-amazon-s-withdrawal-as-victory-over-greed

  74. Joe says:

    Only a libtard would cheer for their district to lose 25,000 good paying jobs.

    It just goes to show you how stupid the far left really is.

    It really would have helped their budget shortfall too. I hope those jobs come to NJ.

  75. Yo! says:

    Long Island City condo sales activity has been in decline for a few years. Only 60 condos sold in LIC in 4th quarter of 2018, well below the 2017 and 2016 sales levels. The listing discounts are going up, not down.

    A bunch of sellers raised their asking prices after the HQ2 announcement, and a lot of misleading media reports followed. The fact-based reality is the HQ2 announcements in November 2018 and this morning didn’t have a big impact on residential real estate in LIC. It was just fake news media hype. The media is too obsessed with Amazon and AOC to know what’s really happening on the ground.

  76. Yo! says:

    Chifi – apartment buildings trade all the time and are easier to value than say a mall. The $1.6 billion valuation equates to a 4.5% yield based on property operating income. That seems fair to me – even a touch conservative.

  77. Libturd...look me up in Costa Rica says:

    Yo!

    In the long run, these massive handouts don’t usually work out in favor of the district offering the handout. Look at the GS building in JC or even the Sierra in Montclair. In the short run, the decision does look incredibly foolish. In the long run, probably not. IMO, Amazon should have been broken up a long time ago. Why we hate Walmart and love Amazon is really worth thinking about.

  78. ExEssex says:

    Or why we let Corporations and football teams fleece towns for buildings and stadiums….

  79. The Great Pumpkin says:

    I hate corporate welfare, but it is how the game is currently played. I just pray that they somehow decide to take up nj’s offer. One can hope.

    Amazon would lead to other businesses coming to our area and that’s why I’m willing to bribe them.

  80. Bystander says:

    Maybe this decision starts the return of Kojak NYC when it was a cool place to be.

  81. Bystander says:

    Doofus, they already stated they are not moving forward with another HQ. Give up your Newark fantasy.

  82. Bystander says:

    25k less bearded dbags. Win.

  83. Libturd...look me up in Costa Rica says:

    Agreed. :P

  84. The Great Pumpkin says:

    They still need to increase their presence in the nyc metro area. They chose ny metro area for a reason. They need something from this market that is not provided anywhere else. Otherwise they would have never chosen this area in the first place and Newark would have never made the finals. They will continue with a plan, just this time it will prob be implemented stealth style until all is said and done. They don’t want the public attention anymore.

    Bystander says:
    February 14, 2019 at 6:04 pm
    Doofus, they already stated they are not moving forward with another HQ. Give up your Newark fantasy.

  85. chicagofinance says:

    Bystander says:
    February 14, 2019 at 6:03 pm
    Maybe this decision starts the return of Kojak NYC when it was a cool place to be.
    https://www.youtube.com/watch?v=HY2reJ9ktRo

  86. Blue Ribbon Teacher says:

    lol, it doesn’t matter to AOC, as long as she wins another war on twitter.

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  88. ExEssex says:

    Amazon just folded like a house of cheap cards, in a development that should alarm its fellow tech giants.

    Thanks to the company’s decision to abandon its plans to build a new campus in New York, activists now have a model for defeating Amazon and its peers. Politicians who have been all-too-eager in the past to hand out massive giveaways to them, and to other big corporations, may not be as ready to do so in the future.

    And Big Tech is likely to face much more scrutiny going forward than it’s ever seen in the past.

    On its surface, Amazon’s HQ2 project in New York looked like a great deal for the Big Apple. The company planned to build a new campus in Queens that would be home to some 25,000 workers. The move, according to studies commissioned by the New York governor’s office and and the city of New York, would have brought in some $27.5 billion in tax revenue over the next 25 years.

  89. Juice Box says:

    Anyone that didn’t think Dic*k pick Jeff Bezos would not pull this deal is a fool.

    Check the latest power story in Vanity, nothing like a midlife crisis man with money..shit needs to get back to 2k a share.

    https://www.vanityfair.com/news/2019/02/suspected-bezos-leaker-supplies-his-own-theory-about-the-affair

  90. Juice Box says:

    Essex no offence but I liked the angry guy better.
    re:”activists now have a model for defeating Amazon and its peers.”
    So who snipped off your nuts? I know you don’t ride anymore (neither do I) but Bezos just rode a horse into a downtown Aspen store and is out as a free man and gloves are off as in F-U AOC.

    There is nothing like a middle aged man with money and desire. D*ick pics at 55 years old?

    Go long AMZN

  91. ExEssex says:

    I’m not allowed to be angry. It’s in the California bylaws.

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  93. The Original NJ ExPat says:

    Highway houses taxed at ridiculous rates to store the small, lonely children of absentee parents?

    They still need to increase their presence in the nyc metro area. They chose ny metro area for a reason. They need something from this market that is not provided anywhere else.

  94. ExEssex says:

    The University of South Florida is the number one producer of Fulbright Scholars in the United States for 2018-2019, according to a new list released Monday. With 12 faculty members earning the highly competitive awards, USF finished ahead of other major research institutions including Florida State University, University of Arizona, Michigan State University, Ohio State University, UCLA and Notre Dame.

    The Chronicle of Higher Education first announced the top producers this morning, highlighting USF as the only institution in America to have 10 or more scholars this academic year. This is USF’s second time leading the nation, having finished No. 1 in 2016-17.

    “This is a magnificent accomplishment,” said Dr. Roger Brindley, USF System Vice President for USF World. “As the top producer for the remarkably competitive Fulbright Awards, USF has repeatedly demonstrated that it is one of the most globally engaged universities in the United States. Thanks to the dedication of our faculty, USF’s global footprint is consistently expanding, fostering the growth of our students as global citizens.”

    Recipients of the prestigious Fulbright Awards earn the opportunity to teach and conduct research abroad with the goal of cultivating mutual understanding between the United States and other countries. Upon returning, faculty integrate their experiences into USF classrooms through their curriculum.

    USF’s 12 Fulbright Scholars traveled to 11 different countries, and represent a wide range of research backgrounds, such as big data, mental health, nursing and family law reform. Of the scholars, four are from the USF Muma College of Business including Dean Moez Limayem, who received an Administrative Fulbright Scholarship to study the higher education system in Japan.

    “I can say from my own personal experience that the opportunity to travel and conduct impactful, insightful research with partners around the world not only adds an enhanced understanding of cultural collaboration, but also provides a rich and nuanced texture to our own careers and lives,” Limayem said. “In the long run, building these global relationships with other institutions benefit our faculty, students and the Tampa Bay region at large.”

    Launched in 1946, the Fulbright Program has provided over 390,000 participants—chosen for their academic merit and leadership potential — with the opportunity to exchange ideas and contribute to finding solutions to shared international concerns. More than 800 U.S. college and university faculty and administrators, professionals, artists, journalists, scientists, lawyers and independent scholars are awarded Fulbright grants to teach and/or conduct research annually. The Fulbright U.S. Scholar Program operates in over 125 countries throughout the world.

    The Fulbright U.S. Scholar Program is a program of the U.S. Department of State, funded by an annual appropriation from Congress to the Bureau of Educational and Cultural Affairs, and supported in its implementation by the Institute of International Education.

  95. Yo! says:

    https://www.state.nj.us/treasury/news/2019/02014019.shtml

    State revenues +3.0% versus +7.5% budgeted for fiscal year 2019 (July 2018-June 2019.) Revenues inflated by tax amnesty collections and would be +1.2% without these one-time amnesty revenues.

    Time for some spending cuts in Jersey.

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