From Mansion Global:
Manhattan’s Luxury Real Estate Market Posts Best Week Since May 2022
Last week’s unseasonably warm temperatures may have helped warm up Manhattan’s luxury residential real estate market.
There were 31 properties priced at $4 million or more sold in the week ending Sunday, six more than the previous week, according to Monday’s report from Olshan Realty.
Last week, 21 condos went into contract, compared to seven co-ops, the report said. There were also three condops in the mix, but no townhouses changed hands. The total sales volume for the week was $272.22 million.
“It was the largest weekly total since May 9-15, 2022, when 39 contracts were signed,” Donna Olshan, president of Olshan Realty, said in the report. “And for the second week in a row, a co-op took the top spot.”
…
As it happened, that No. 1 spot went to a 27th floor unit at Hampshire House on Central Park South asking $30 million, according to the report. The approximately 6,500-square-foot residence sold in less than two weeks, offering a great room with 18-foot ceilings and 15-foot arched doorways that open to a terrace with Central Park views. There are also seven bedrooms, five bathrooms and two powder rooms. Building amenities include laundry service, safety deposit boxes and a health club, plus a doorman, bell captain and concierge.
…
Last week’s No. 2 deal was a downtown penthouse on Park Place that was priced at $19.75 million, down from its original ask of $21.75 million when it was listed in June, according to Olshan. The nearly 4,000-square-foot unit—with four bedrooms and four-and-a-half bathrooms—has a corner living room adjacent to a formal dining room and both with sweeping city views that reach from the Hudson River to the East River. It also boasts 12-foot ceilings and two 93-square-foot terraces.
First
It speaks volumes, when young people from Ukraine would rather live in a war zone than attend public schools in America …
The approximately 6,500-square-foot residence sold in less than two weeks…
On this side of the river, it’s the same. Nothing sits. I scan through towns like Little Ferry, Moonachie, Carlstadt, etc. thinking I’ll see something decent in the high threes. Nothing doing. Even the edges of Paterson/Hawthorne will give you nothing. 400k plus is your entry point and you’re compromising a lot even at that price tag. The radius is growing larger, too. I said a 40 mile radius of NYC is totally unaffordable… push it to 60 miles. A standard PITI is approaching $3,300 per month.
A real gem, I’m sure, for 350K:
https://www.trulia.com/p/nj/passaic/34-ann-st-passaic-nj-07055–2006076389
It speaks volumes, when young people from Ukraine would rather live in a war zone than attend public schools in America …
Every level of this administration from top down is a complete disaster. Hiring in the name of DEI should be criminal. The response to this train disaster in Ohio is beyond sad. That’s the latest example. Issue after issue is either ignored or bungled, butchered and fumbled. This administration is the absolute worst in my lifetime.
Hampshire House off central park south. Could have purchased the entire unfinished building for $100,000 during the Great Depression. Who buys there anyway $30 million for an old condo?
You can rent there much cheaper. Sure it’s tiny but not bad $4500 a month to live there.
https://streeteasy.com/building/hampshire-house/503
Did they just cover everything with stucco on that Passaic house?
Fast: We are special here, and you need to pay up to live here. It does not matter , Moonachie to Mahwah, it does not matter. If you want to be special, you pay up.
Grim: I have seen a few Capes redone with stucco, just plain ugly.
Does it come with that sectional?
You’re only a few miles from the Hmart and 99 Ranch plazas with this one in Carrollton and several major highways for same price range.
https://www.trulia.com/p/tx/carrollton/2102-sam-houston-blvd-carrollton-tx-75006–2065471691
Hold: But are the people special there?
Why yes 3b.
Upon issuance of your drivers license you are also handed a 10 gallon hat and a cow hide rug.
8:46 more like a St Christopher necklace and a GED.
Does it come with that sectional?
The couch is tossed in by the sellers as a bonus. It’s sort of like paying part of the closing costs. Ya know?
Move to Ukraine
dentssdunnigan says:
February 21, 2023 at 6:39 am
It speaks volumes, when young people from Ukraine would rather live in a war zone than attend public schools in America …
“It speaks volumes, when young people from Ukraine would rather live in a war zone than attend public schools in America …”
Ungrateful. We give them millions in arms, money that I pay in my taxes, and without a vote, doesn’t go to “My Fellow Americans.” Or our infrastructure, or our healthcare.
“The response to this train disaster in Ohio is beyond sad. ”
Of course it is. Americans would rather spend money blowing up children in other countries rather than help each other. Americans crave war, as long as it’s not on their soil. They even support wars that start with lies like “weapons of mass destruction.”
East Palestine? How do you trust the EPA when your own New Jersey born and bred Christie Todd Whitman sold one of the biggest lies to New Yorkers over 911? How many people died from her lies? How much money is being paid out?
I have been lied to in my face by so many government employees I can’t begin to tell you. It’s in their DNA. Funny thing, I can’t ever remember one time I have done that to any of my patients or family members. It’s disturbing at minimum, and repulsive for the most part.
And no Left, I didn’t vote for any of the current administration, there is no use in pulling a lever that dumps crap on you no matter which one you pull.
Good for you. Have to clean these ‘professional politicians’ out.
SMH at the number of retailers coming up short (or even beating) on the top line but with volumes down….
9:52 tiniest violin…heard in the distance.
You poor poor douchebag.
“Transport Secretary Pete Buttigieg says he’ll FINALLY visit Ohio’s toxic train site – 18 days after the disaster?”
About time he shows up to the job.
To Do Nothing.
10Y 393
Damning report reveals there are NO students proficient in either math or reading at 60 different public schools in Illinois:
Government employees hard at work. “It’s for the children.”
In further news, Putin suspends nuclear arms treaty with U.S. and China is considering providing arms and ammunition to Russia.
Meanwhile, MSNBC is gushing over Poland’s “approval” of O’Biden.
“It’s for the children.”
70% of your property taxes go towards public school teacher salaries and to democrat coffers.
I like Chinese.
https://youtu.be/MDLeirHHWKs?t=20
70% of your property taxes go towards public school teacher salaries and to democrat coffers.
Only for those “blue” teachers to turn “red” and head to a place where they don’t pay others that do the same job they did.
Janus faced.
Bootyjudge will do what he’s already done. Blame everything on the “corporate greed”.
Too bad the government forced the railroads to waste over $10b over the last decade on implementing “Positive Train Control” a system that was already outdated 10 years ago. They could have spent money on something more useful instead. But politicians are deathly afraid of truly advanced technology in trains, because that could reduce the number of railroad union jobs and union power. So instead of implementing truly advanced semi-autonomous systems, railroads had to implement a specific, clunky, expensive technology that isn’t very good.
It’s cognitive dissonance Eddie. Merit replaced with quotas and intersectionality scores. Pretend that these people are competent.
Deliver the eulogy for the grand Wizard of the kkk and then screen a movie about lynching. Claim to be appalled by racism.
It’s the new game of the game. It was tds and endless hoaxes under trump. Now it’s pretend all is well while we have the open borders fentanyl crisis rages and we flirt with nuclear catastrophe.
If you want to understand how screwed up a certain segment of young woke people are, try to read what passes as video game journalism. I’m annoyed that Google pushes this as if it’s just an early review of a Harry Potter videogame. Think you’re going to find out if the game is fun? Think again! Instead it turns into a societal analysis, and an exploration of the author’s ever-traumatized trans psyche.
https://kotaku.com/hogwarts-legacy-review-harry-potter-rowling-transphobia-1850127849
“The first thing you do in Hogwarts Legacy is create and name your character, so I created just the person I’d want to be if I were a British youngster being whisked off to grand adventures at a school of magic. I named her Emily Endecott, and gave her the kind of short, androgynous haircut that I sometimes wish I could pull off in real life without making myself that much more likely to be misgendered.”
” The conversation around the open-world action adventure game which seeks to provide players with the immersive fantasy of actually attending the storied school of magic from the Harry Potter universe, largely stems from the fact that the universe’s creator, J.K. Rowling, is a virulent transphobe, using the platform afforded her by her fame and wealth to normalize the othering of trans people and contributing prominently to a culture in which anti-trans sentiment, legislation, and violence, are on the rise.”
There’s a plot point in the game that really bothers the author:
“The way this mentality erases the systemic issue of how goblins are discriminated against by wizards makes me want to scream. If an individual cis person is nice to me, I’m not going to dismiss the reality that transphobia exists and create some work that speaks to “the good” between trans and cis people. No, I want cis people to do nothing less than collectively work to dismantle transphobia, just as I want white people to collectively be traitors to the social construct of whiteness and dismantle white supremacy, just as I want every group that benefits from an existing oppressive system to dismantle that system.”
All of a sudden we are starting down 4,000.
Chicago says:
February 21, 2023 at 10:04 am
10Y 393
10Y 393
What is the significance of a rising 10 yr. treasury other than affecting mortgage rates?
gonna get a four handle brother.
https://www.investopedia.com/articles/investing/100814/why-10-year-us-treasury-rates-matter.asp
Has anyone checked airfare pricing recently?
I need to be in Poland for a wedding and there isn’t anything under a thousand dollars on the flex date matrix. Flights which cost $600-800 for years are now $1100.
Can’t seem to get to Warsaw, Prague, Berlin or Frankfurt in May via economy for less than $1K. Crazy.
4,000 was specific; referring to the S&P
Boomer,
Strange phenomenon in airfare pricing lately. Prices are about 50% higher than they used to be when purchasing tickets far in advance (over 45 days). From 45 days until about two weeks before, they tend to drop to where they used to price over 45 days out. So call it at 100%. Then, with two weeks left, the airlines significantly discount their prices (like they used to at 45 days out) until the cabin reaches about 80% capacity and then the prices are kicked up to their traditional wait for the last second, fuck you, we don’t care that grandma had a stroke, pricing.
I’ve noticed this has been the case for the last 6 months or so.
I am currently tracking airfare to Seattle for an Alaskan Cruise the family is taking in June. Airfare is like $900, when the cruise is offering buy one get one free at $650. Of course, you don’t get to choose your flight times or airlines or even if we will all travel together. But they too know about the knew pricing model obviously. I’ll get us the 5 tickets we need in the last month for about $300 each. It sucks now that you feel like you are playing the lottery to get plane tickets, but I check the cabin capacities of multiple flights every couple of weeks. They are all still empty. I think people are catching on.
BTW, google flights is an excellent tool. Kayak was great, but they got bought out (by Expedia?) and suck balls now.
I just checked the prices again.
In next two weeks, it’s $600ish. In the month following, it’s about $300. Anything after that is $400 to $500.
The old Captain Cheapo rule, Never purchase airfare over 45 days prior to trip, still holds.
40 hrs a week sitting in front of Fox News and not learning one single valuable thing
Fast Eddie says:
February 21, 2023 at 11:24 am
10Y 393
What is the significance of a rising 10 yr. treasury other than affecting mortgage rates?
He knows all there is to know about Chinese Spy Balloons, though most of these were likely not from China.
Does anyone have an HVAC and/or major appliance preventive maintenance/extended warranty/coverage plan with someone that covers central NJ — that they can recommend? I’ve got a very reasonable plan for condo in Fla — $165/yr for two preventive maint visits, service calls on weekends and holidays, preferred scheduling — but checked PSEG and their WorryFree is very expensive (and not preventive), especially with dual-unit HVAC.
Now it’s East Palestine.
If you don’t want any government regulations, especially environmental, this is the likely result.
Or we can make like our Chinese friends and have to wear masks to walk around our cities, pre-pandemic days too. Hey. It’s good for business.
chi, was talking the 10 to a four handle….too many fours lol.
lib, you’re a little behind the leftist talking points…it was ALL TRUMPS FAULT until someone dug up some provisions on the railroad bill championed by joe that chipped away at relevant safety protocols…did your secret Left decoder ring not work this morning :)
plus, emblematic of any union workforce, there was no responsibility or accountability…apparently the train run was the 32N and it was openly referred to as the ’32 Nasty’ among workers for its long time unsafe record…plus more than one employee has come forward on the insanity of the train length and weight….
Guy asks for some financial background and you guys beat him up. Nice.
Eddie, the ten year is the largest, most liquid market out there with worldwide participants. All else aside, the yield on the 10 can be thought of as a real time, crowd sourced opinion on any event by the most sophisticated people with the highest vested interest…something happens, international event, stock market moves, national politics, etc the ‘seriousness’ of that event can best be divined not on the screeching pages of your news providers but how this market reacts…as with many measures such ‘opinion’ is usually relative, eg. how did the 10 react to another rate, its own history, its own rate of change, etc. It’s a really good barometer.
I need to be in Poland for a wedding and there isn’t anything under a thousand dollars on the flex date matrix. Flights which cost $600-800 for years are now $1100.
Can’t seem to get to Warsaw, Prague, Berlin or Frankfurt in May via economy for less than $1K. Crazy.
Outside of occasional fire-sale pricing to the usual/common destinations (London, Paris, etc), it’s never really been really cheap to fly to Continental Europe. But, I agree, airfare seems to have gotten very expensive lately. We’ve been looking for spring/summer trips, and the pricing has been surprisingly steep.
I’ve taken 4 trips so far this year, the best airfare for those work trips has been booking LESS THAN 7 days out. Something I wouldn’t at all recommend for a family vacation, but they were absolutely dirt-cheap fares. EWR/DEN has been dirt cheap for me, low $200s. EWR/San Diego last week was $300 and change, pretty damn cheap for a California ticket this time of year, especially when you consider it was a long weekend too.
Looked at Mexico, Orlando and a few other spots for family trips, and nearly fell off the chair at the prices. On a whim we looked at some other further-away destinations for mid-summer, and we saw $1000 ticket prices where we didn’t at all expect them.
Was checking Phoenix for the summer. 800 a pop.
XRT and SPOT shorts carrying me green today, good on the latter after the share price monkey business two Fridays ago that had me doubling down at a higher entry…ZIP reports tonight, my eyes see a date with a gap on the daily at 20.25…stock up 50% since beginning of year trading at a 46x 2022 multiple based on high EPS forecast, not really sure what they can say that would pump this up…they have beaten each of last four quarters so there is that but by now it ought to be priced in…otherwise they need to guide toward some very good 2023 results to move this needle…she finds that gap with the other two keeping their downward trajectory I’m going to fold up my tent and sit back and enjoy for a bit…
leftwing,
Can you also draw that explanation in crayon so the liberals can understand it?
“…get to Warsaw, Prague, Berlin…”
Give me that itinerary and I’ll be MIA likely until leaves start falling again lol. Assuming I make it back in something other than a box.
My BIL is hopping around Colombia right now. A relatively savvy points traveler, watched his trip back to EWR fluctuate from 14 to 41K points. Also played the waiting game and was forced to book at 40K to get back home.
The bifurcation of prices between no checked and checked classes reached an all time high as well. They quote all these prices now w/o a checked bag. You tick that luggage box on an international flight and it’s + $200-250. What BS.
I think I am going to burn one of the 5/24 applications and get a United Explorer card. 60K United points should get me to Europe and back? Seems to be the best way forward, no?
Going to Orlando for a few weeks in March, taking Amtrack auto train. My daughter and family will be visiting us for about a week. Originally she was flying to Orlando, but due to the expense they are driving down. They have a brand new Toyota SUV, which is more than comfortable, the trip from Powell Ohio , to Orlando Florida is less than 14 hours, they can easily afford the air fare, but refuse to pay the outrageous air fare costs.
Joe has really destroyed America and refuses to stop, if we end up in war we will all be vaporized( except lib who will high tail it to Costa Rica). What is wrong with the Democratic party??
Boomer,
If you use an airline twice in the same year, those cards are worth it.
Chinese nationals traveling? Also, from what I hear, capacity is still lower on airlines, and it is along lead time to get it back.
grim says:
February 21, 2023 at 1:23 pm
I need to be in Poland for a wedding and there isn’t anything under a thousand dollars on the flex date matrix. Flights which cost $600-800 for years are now $1100.
Can’t seem to get to Warsaw, Prague, Berlin or Frankfurt in May via economy for less than $1K. Crazy.
Outside of occasional fire-sale pricing to the usual/common destinations (London, Paris, etc), it’s never really been really cheap to fly to Continental Europe. But, I agree, airfare seems to have gotten very expensive lately. We’ve been looking for spring/summer trips, and the pricing has been surprisingly steep.
I’ve taken 4 trips so far this year, the best airfare for those work trips has been booking LESS THAN 7 days out. Something I wouldn’t at all recommend for a family vacation, but they were absolutely dirt-cheap fares. EWR/DEN has been dirt cheap for me, low $200s. EWR/San Diego last week was $300 and change, pretty damn cheap for a California ticket this time of year, especially when you consider it was a long weekend too.
Looked at Mexico, Orlando and a few other spots for family trips, and nearly fell off the chair at the prices. On a whim we looked at some other further-away destinations for mid-summer, and we saw $1000 ticket prices where we didn’t at all expect them.
2:24 you are pathetic.
“Boomer, If you use an airline twice in the same year, those cards are worth it.”
Big fan of those cards.
Cap’n Cheapo, surprised you didn’t hit up BR to use the online referral from you, nets you an extra 10k points or such, no?
Top of the Treasury curve is just inside 1Y at 510+
If China arms Russia, that could be a game changer. History shows, countries many times stumble into wars.
Ex says:
February 21, 2023 at 2:48 pm
2:24 you are pathetic.
Sorry you are delusional , beyond pathetic. Anyone who thinks its ok to allow drug dealers to cross our borders, 20% inflation in 3 years, threaten nuclear war, shut down our oil supply, etc. is one sick puppy. Wear that proudly, and hopefully you never have one of those illegals harm your family.
Go smoke some dope, so you don’t have to deal with realities.
I feel cheap trying to collect on those referral points. Plus I have to have that card. Right now, I have BA (who doesn’t), Delta and United. Really wanted JetBlue but I picked a fight with Barclay’s a while back and I think they blacklisted me.
BTW, I’m back to 30/70 with a miniscule profit. I fear the recession has started and I’m hearing too much chatter about the market being overvalued at these levels. Throw in the chatter about inflation heating up again and Powell going back to 1/2 point increases and show that the sentiment has again changed. And of course, the ten-year on the move again.
2:54 hahaha what a typical web douche.
“Sorry” your life sucks.
So because daughter is too cheap, Joe has destroyed America. Got it. I don’t side with R conspiracy nut party but I flew Avelo from New Haven/Tweed to Tampa. 4 of us cost a little over $900 during one of busiest weeks of season. I ain’t driving over 40 hours in a car with kids, not unless taking 10-14 days off.
And left, been too sick to reply but you ain’t knocking me off any liberal stupor. I am not so naive to believe that the Rs will do a damn thing to fix issue. They are not the party of fiscal conservatives. You can keep claiming that they are but it is downright laugh. Like all times in human history, the NJ pension system will explode when it explodes. There is no changing the course. One can enjoy the ride and STFU…or move. Just not to red state SC which has one of worst pension debt problems in US. Nikki Haley gets a pass and 40 years of R voting get a pass too. That’s how hyprotical you and Small brain are. Continue to play Rs are responsible party though. I will vote against religious nuts, gun nuts, anti-women, bigots, tax cheats, treason supporters and big military hypocrite vampires. That is what R party is about today, not sound fiscal solutions. Delusional if you think so.
Ex says:
February 21, 2023 at 2:56 pm
2:54 hahaha what a typical web douche.
“Sorry” your life sucks.
Sorry my life is great! I don’t need to name call like you, I don’t do any drugs, I have great kids and grandkids, and my finances are fantastic. Must be tough to have your wife give you an allowance LOL.
Now the sky is pink
Rooftop swimmin’ pool
I’m not carefree, no
I’m free to care
I just never do
Source: https://www.youtube.com/watch?v=bgLI2OkECmc
3:03 I would recommend drugs for you, but there isn’t one for “stupid”…yet.
Bystander:
So because daughter is too cheap, Joe has destroyed America.
No, Sorry that went over your head.
Read this , it may help:
Sorry you are delusional , beyond pathetic. Anyone who thinks its ok to allow drug dealers to cross our borders, 20% inflation in 3 years, threaten nuclear war, shut down our oil supply, etc. is one sick puppy. Wear that proudly, and hopefully you never have one of those illegals harm your family.
Go smoke some dope, so you don’t have to deal with realities
Ex says:
February 21, 2023 at 3:04 pm
3:03 I would recommend drugs for you, but there isn’t one for “stupid”…yet.
I am sure that is your drug of choice, stupid fits you PERFECTLY!
“Libturd says…I feel cheap trying to…”
Words I never expected to see…and I mean that as a compliment!
Re: market, yeah, not just in stocks one of my less better personality traits is an entire lack of patience…it’s how I ended up day trading SPX after CPI or ROKU after hours on earnings FFS….just feel so neutered, but the positions I have are the ones I have…seriously, if I print more on these shorts this week I may just close, set an alert for 3800 and go take up hobby or get a girlfriend or something.
Jim,
No doubt Faux news told you it all started on Jan 20, 2021 and life was Orange sunshine until that point. Dow still at higher peaks than Orange goon and unemployment much lower than the Orange goon but don’t dig any deeper..hush lil baby. The Rs are the free-dumb party and never spend a nickel more than necessary, except incarcerating people and breaking up families for weed. Reagan was so right. The War on Drugs must never end..said every enforcement agency with their hand out. Billions spent for nada..
I did the auto train once and swore never again. 4 hr Drive on this end to get to the train. 2.5 hrs on the other end to get to Orlando. Add in the the loading time and unloading. Also hanging around waiting for the train to depart.
Trying to sleep in a train seat is worse than trying to sleep on a plane. Also I had toddlers at the time. I got off the train exhausted. All to save 12 hrs driving. These days I drive 9-12 get a hotel room and then get up early for the last 6-7.
3:28 well said. True!
Problem with the Republicans is that they stand for nothing.
They’ll do anything to get elected. Once elected they are too stupid to govern.
Jim,
You have more of a chance getting run-over by illegal on a lawn-mower (hired by hypocrite Rs) than being victim of crime in your lilly-white neighbie. Truth.
I don’t want to get into the stupid R vs. D shootout at the bullsh1t corral since outside of the social positions they pick and choose, they are all pretty much the same. But if I recall correctly, plenty of the same drugs were getting into the country and being used under the former president.
Though it’s awfully fun to pin everything negative that happens in the world on the current president. Can’t believe Trump caused the Pandemic much like Biden caused the trainwreck in East Palestine.
Bystander says:
February 21, 2023 at 3:28 pm
Jim,
No doubt Faux news told you it all started on Jan 20, 2021 and life was Orange sunshine until that point. Dow still at higher peaks than Orange goon .
Sorry Bystander try going by facts, economy was much stronger 3 years ago, gas much cheaper, inflation non -existent. Add 20% of Joe Bidens inflation on the market and you can visualize how much further we are behind…not ahead. Not a Trump supporter BUT his policies had America on top of the world. Now not so much…possible war looming, inflation increasing, oil shortages along with reserves being sold by Joe.
Quick story for you, my wifes good friend’s daughter (41) was having problems with her pothead husband. They separated, he became depressed, got some pills at a bar …TOOK 1 and was dead the next day… Fentanyl. Moral drugs are closer than you think costing us 3oo people a day.
Maybe this quote from you makes less sense “You have more of a chance getting run-over by illegal on a lawn-mower”
Its almost funny…but it is not.
ByS, I don’t put the Rs out there as fiscally conservative…you must have me confused with someone else.
However….my response was to your point that your dad worked until 70 to retire in the same place as NJ civil servants retired at age 55…
Those fifteen years were pure expropriation of your dad’s life by those union members and their enablers on the Left for their own benefit. Or show me the NJ politicians on the Right backing the double and triple dipping by these NJ unions, and all the union endorsements and funding for the Right.
Bottom line, you pulled a lever for the Left in NJ, and your Dad worked fifteen extra years to pay for your feel good politics. Put that in the Fathers Day card in June.
And you never answered…was there any flesh left on the carrion of your dad’s business for a wealth tax? Or are they going to have to clip Lib on his exit to continue funding this horror show of failed liberal policies?
Ex says:
February 21, 2023 at 3:33 pm
Problem with the Republicans is that they stand for nothing.
They’ll do anything to get elected. Once elected they are too stupid to govern.
Laughable thats all.
Joe has effed up America, you are missing some brain cells . Remember $2 gasoline? Not under Joe thats for sure.
House a few doors down dropped the price by 15k this weekend but still over 700. Needs to drop another 100k
I wasn’t aware the POTUS set gas prices….was that before or after he orchestrated Russia’s Ukraine invasion…?
Trick, that recession I predicted would come in the late Spring early Summer with next earnings season appears to be showing up right on time. Home prices will drop with it. It takes time, something Powell is about to learn the hard way as he overshoot with this magic FFR pen.
Ex says:
February 21, 2023 at 4:12 pm
I wasn’t aware the POTUS set gas prices….was that before or after he orchestrated Russia’s Ukraine invasion…?
One of Joe Bidens first executive orders was shutting down the pipeline, prices then skyrocketed. Gotta get off those drugs, they seem to cloud your memory. Yet you taught our children…how sad is that.
“leftwing says: February 21, 2023 at 1:30 pm…ZIP reports tonight, my eyes see a date with a gap on the daily at 20.25…she finds that gap with the other two keeping their downward trajectory I’m going to fold up my tent and sit back and enjoy for a bit…”
ZIP down 15% or so just now, covered half all-in around 19 and change. Cha-ching….
left,
My Dad worked 15 years more because he put 6 kids through college and tried to help pay for some of it. He also helped out countless members in his family/friends who would have been destitute without his financial support. He has no love for Dems or NJ tax policies but he knows that would not have made 300k/yr somewhere else. Go tell the fellow politicians, enforcement, fireman and cops that they are the non-productive class who are taking a huge cut. Show me the R politician who will do that. I’ll wait. Simply being against something that is easy to be against is meaningless. They’ll bail on it immediately when gets too hot and focus on tax breaks for corps. Trickle down is the ticket..yes of course.
I’ve been talking about a reversal in the competitive price escalations, here you go…
With the need for increased pricing earlier this year, we promised that we would remain nimble with the market and reduce our pricing whenever we were presented with opportunities for cost savings.
Fortunately, we were able to negotiate a reduction in domestic supply chain costs and as promised, we’re passing these savings to you. We have reduced the pricing on the majority of our domestic products, effective today, February 21. You’ll see this updated pricing reflected on our webstore and in our price lists.
Multiple indictments were recommended by a special grand jury investigating alleged 2020 presidential election interference by Donald Trump in Georgia, the jury’s forewoman revealed in a Tuesday interview.
“It is not a short list,” Emily Kohrs, the forewoman of the jury, said as far as the indictment recommendations, but she would not reveal any specific names to the New York Times in an interview.
The big question is whether former President Donald Trump would face an indictment, and Kohrs’s words likely won’t inspire a ton of confidence in the Republican’s supporters.
“You’re not going to be shocked. It’s not rocket science,” she said when asked if the former president would be indicted.
A portion of the report from Fulton County District Attorney Fani Willis’ grand jury investigation was previously made public.
Trump continues to claim the 2020 presidential election was won by President Joe Biden through fraud, but no proof of his theories of widespread fraud has been found. Georgia was one of the states Trump vehemently believed he won and in a now infamous phone call, the then-president called Georgia Secretary of State Brad Raffensperger and pressed him to “find” thousands of votes for Trump that Raffensbeger said were nonexistent.
Fabius Maximus says:
February 21, 2023 at 3:28 pm
I did the auto train once and swore never again. 4 hr Drive on this end to get to the train. 2.5 hrs on the other end to get to Orlando.
Fab, I completely agree with you, except I have no reason to rush and will spend longer getting to train station ( 2 days) and we will be sleeping in a sleeper car. I went to Canada once and slept in a seat…NEVER EVER again. When I brought my daughter and her first born( 6months old) back from San Francisco 12 years ago we also had a sleeper car and they served us all our meals in the room. We also had private showers and bathrooms.
“Show me the R politician who will do that. I’ll wait. Simply being against something that is easy to be against is meaningless.”
I know which levers I pulled in NJ….which levers did you pull?
Ex, re: the ‘Georgia’ indictment again it is a county DA charging a former POTUS…no different if the current DA (whomever he is) of Essex County NJ would ‘indict’ Biden over something….laughable. Now having said that I hope like hell DJT gets charged and convicted because someone has to take this idiot out of play for 2024 and if it’s some local-yocal political hack job county prosecutor, what do I care.
I was considering a vacation in Colombia, I was in Cartagena just immediately pre covid lockdown and I liked it a lot. The place I’d stayed at a few years back was solid, and the food scene was good.
Again, flights outrageous.
The other crazy wildcard we were considering was Zanzibar. At least in that case you go into that expecting the flights to come in at $1000+.
Ex says:
February 21, 2023 at 4:24 pm
News FLASH, TRUMP is no longer president, go forward young man…don’t live in the past. There is a big world out there even for somebody with a small mind.
Again left..why is SC in such horrible shape if conservative policies work so well..or MS or AL or KY..all red states at bottom of pension health list. Over promising benefits, over/under-calculating risk, corruption with investment teams and falling behind over time. NJ is particularly bad animal, not even an argument but I would rather be in a state #9 in total GDP , like NJ, over a state like SC which has similar problems but #25 or KY at #28.
News flash: you’re stooooopid
Gas prices have reached record highs since Russia’s invasion of Ukraine.
A meme posted on Facebook last week, which now has over 20,000 shares, reads: “Facts: If they didn’t shut down our pipelines we wouldn’t be paying $7 for gas.”
“So the guy who closed the Keystone pipeline on Day one, wants us to believe it’s Russia’s fault for the gas crisis,” says another Facebook post.
This persistent narrative has been spreading on social media since the early days of Russia’s invasion of Ukraine, along with false claims that all other U.S. oil pipelines have also been shut down. That is not the case. Experts tell The Associated Press that the Keystone XL pipeline cancellation isn’t affecting what’s happening in the oil market today. It was never operational when it was shut down, and was not slated to go into service until 2023, according to a press release from TC Energy, the company constructing the project.
“Problem with the Keystone: It’s like saying a highway that was built but never completed is somehow making your commute to work way longer. You never got to ride on that highway. It was never opened. It was never relied on,” said Patrick De Haan, head of petroleum analysis for GasBuddy.com, referring to the Keystone XL pipeline.
The Keystone XL pipeline was intended to be an expansion of the existing Keystone pipeline, which runs about 2,687 miles from Alberta to Illinois and Texas, and is operating. The pipeline extension was designed to carry up to 830,000 barrels of oil a day from Canada and North Dakota to refineries along the Gulf Coast. Biden revoked the permit to continue construction in January 2021, shortly after he took office.
The U.S. is still receiving oil from Canada through other means, like railways and other operational oil pipelines running in the U.S in addition to the original Keystone pipeline, said Ramanan Krishnamoorti, a professor and the chief energy officer at the University of Houston.
Even if the Keystone XL pipeline had been completed, the amount of oil it was designed to transport would have been a drop in the bucket for U.S. demand, experts noted. The U.S. used nearly 20 million barrels of oil a day last year, while global consumption of oil was near 100 million barrels. The pipeline would have contributed less than 1% to the world supply of oil, according to AP reporting.
4:35 these guys are just as dishonest and delusion as they were during each and every democratic administration. Just be grateful that their low key stupid ambitions aren’t in the driver’s seat. I’m telling you the GOP is toxic. Sad but true. I’ll never be woke enough to pass muster with the far left of the Dems, but I’m certainly not pathetic enough to fall in with the imbeciles on the right.
Ex says:
February 21, 2023 at 4:35 pm
News flash: you’re stooooopid
I am obviously dealing with somebody with a lot of dead brain cells.
I am not even going to waste my time showing how wrong this is, just not worth my time. If you are so much better off today than 3 years ago God bless you. Try conversing without name calling, next scare me with your man threats…laughable.
Jim, you sound like a cretin.
4:51 “facts” seem to be at odds with your world view.
Do I threaten you buddy?? Oh, I’m terribly sorry.
Levers? Let’s see if neither party is watching my wallet then I will choose the progressive kooks whose worst offense is bowing to trans people who I never come across. But, I am 2om from Newtown, my boss lives there. Saw co-workers literally run out of my bldg that day. I have a niece in college and hope she does not get pregnant. The other side bows to gun nuts and religious nuts so I will happily pull D lever until that changes.
“…Again left..why is SC in such horrible shape…”
Uhm, last data I have is SC is AA+/Aaa/AAA rated by the agencies and NJ BBB+…
You’re bankrupt, but keep pulling those levers….
“The other side bows to gun nuts and religious nuts so I will happily pull D lever until that changes.”
Happy Fathers day!
Venus and Jupiter are aligned over those FL lakes tonight. Maybe the cops will toss him a beer if he’s out for a walk.
Funny thing I AM better than 3 years ago. I hated Trump and giving that idiot a leadership role and having to listen to him bloviate and lie on national TV was endlessly annoying. I find most republicans to be a waste of flesh.
Lib: Powell wants home prices to come down, but the sellers out there want 2021 prices when 30 year mortgages were 3 percent. No pause and no pivot, the market is getting the message.
The one fact of life is if you are lucky you have people who love you.
That comes from a lifetime of good choices especially when you choose a spouse.
I hit the lottery in that regard. It was like a lightning strike, but without her I’d be just as miserable as the rest of you morons.
hah, left..and the United States is AAA. Its all payable until it is not. Party on, everyone. Cops should throw him nice Kolsch.
Left, us too but my wife’s new employer has a net of VPN’s and an explicit no access to company hardware from outside the United States. If not for that, out on the last day of school and back before the first day of school.
A bit of a good news on the airfare front in spite of our unanimous : We just booked one ways to PHX on American for July 12th @ $149. A few nights with wife’s family and then we’re off to stargaze in a dark sky location. Seeing the milky way never gets old. Still need to get the return flights, but $149 one way was pretty damn good.
Religious Free-dumb. Liberals are trying to destroy the people of faith with deep state. Exhibit A
The Mormon Church agreed to settled SEC allegations it tried to hide $34 billion in investment assets — a move a top executive said was done in part because the church was worried members wouldn’t donate if they realized how rich it was
WSJ Opinion
‘The 1619 Project’ on Hulu Vindicates Capitalism
Its examples of racism are all the result of actions by governments.
By David R. Henderson and Philip W. Magness
Hulu’s series “The 1619 Project” blames economic inequality between blacks and whites on “racial capitalism.” But almost every example presented is the result of government policies that, in purpose or effect, discriminated against African-Americans. “The 1619 Project” makes an unintentional case for capitalism.
The series gives many examples of government interventions that undercut free markets and property rights. Eminent domain, racial red lining of mortgages, and government support and enforcement of union monopolies figure prominently.
The final episode opens by telling how the federal government forcibly evicted black residents of Harris Neck, Ga., during World War II to build a military base. The Army gave residents three weeks to relocate before the bulldozers moved in, paying below-market rates through eminent domain. After the war, the government refused to let the former residents return. Violation of property rights is the opposite of capitalism.
The series also highlights the noxious role of the Federal Housing Administration in red lining. The FHA discriminated against minority neighborhoods by classifying them as too “hazardous” for lending. The writers could have strengthened their case by citing Richard Rothstein’s 2017 book, “The Color of Law.” Mr. Rothstein quotes the FHA’s statement in the 1930s that “no loans will be given to colored developments.” This policy lasted into the 1970s, leaving a legacy of economic segregation. Capitalism wasn’t the culprit; the government was.
Economic historians have long known about discrimination by all-white labor unions. Jimmy Carter’s labor secretary, Ray Marshall, a labor economist, chronicled this discrimination in his academic work. The Wagner Act of 1935 gave white unions privileged bargaining positions under federal law. This government-sanctioned cartelization of labor allowed entire industries to exclude black workers. “The 1619 Project” asserts that labor unions advance the cause of civil rights, though the historical record says otherwise.
The series recognizes the discriminatory effects of Franklin D. Roosevelt’s legislative agenda, which depended on the Democratic machines of the Jim Crow South. The narrator states that “the New Deal represented the first affirmative-action policy for white people.” We couldn’t have put it better.
These and other government policies caused immense economic harm to African-Americans. But they aren’t capitalism. They’re interventions into markets, state-sanctioned theft, and political payoffs to segregationists.
The answer to these problems isn’t to place the burden on the market through reparations. It’s to root out bad government policies that continue, sometimes unintentionally, the long legacy of state-sponsored racial discrimination. That would be a worthy 2023 project.
Mr. Henderson is a research fellow with Stanford University’s Hoover Institution and editor of The Concise Encyclopedia of Economics. Mr. Magness is director of research at the American Institute for Economic Research and author of “The 1619 Project: A Critique.”
Here’s a really dumb statement about real estate from Business Insider in an article about supposed “climate migration” from FL.
“They put the house on the market as soon as they could, but it took a year for the place to sell, in part because property values had risen so steeply that most people in the area couldn’t afford to buy.”
Translation – they were in a hurry to sell but were too dumb to realize they could cut their price to get a sale done quicker.
Ex says:
February 21, 2023 at 4:56 pm
“Do I threaten you buddy??”
Why would a guy that’s worked hard and built wealth for himself and his heirs (Jim), be threatened by a guy that’s listed as a dependent on his wife’s tax return (you)?
You both seem particularly, unsettlingly unhappy.
Anyway! Peace out fellas. It’s been real….estate.
But the fact is I’m never living in NJ, I have nothing in common
With 1/2 the posters on this board. It’s not really a place I need to hang out.
I remember back in the late 80’s NJ is rated AAA by both as we used to say. It was still far superior to South Carolina as far as school spending etc.
It’s over…
“Previously, Amazon had left it up to individual managers to decide how often their teams would be required to come into the office. Jassy had also embraced remote and hybrid work, though he acknowledged Amazon was in a “stage of experimenting, learning and adjusting” and that the company’s return-to-office approach could change.
Last week, Jassy recognized that calling employees back to the office would come with some challenges.
“We know that it won’t be perfect at first, but the office experience will steadily improve over the coming months (and years) as our real estate and facilities teams smooth out the wrinkles, and ultimately keep evolving how we want our offices to be set up to capture the new ways we want to work,” Jassy wrote in a memo announcing the mandate.
Several tech companies have reverted back to in person work as the pandemic has eased. Google and Apple have required some of their employees to return to the office since last year, while Disney in January began requiring hybrid employees to be in the office four days a week.”
Lmao@ these people thinking they would get to work from home forever. ROTFLMAO
“Amazon employees continued to sound off Tuesday night over the company’s recently announced return-to-office mandate.
A group of staffers spammed an internal website with comments expressing their anger over the policy.
An internal Slack channel showed concerns about parenting, caregiving and commuting.”
Boomer is that trip to Phoenix nonstop?
BRT – Flight AA2938 @ 6:35AM out of EWR
I better get my drone warmed up.