From Costar:
Unibail Seeks To Add Roughly 1,400 Housing Units to New Jersey Flagship Mall
Unibail-Rodamco-Westfield said it plans to build up to nearly 1,400 residential units as part of the major redevelopment and diversification of its large mall in North Jersey, one of the flagship U.S. properties that the global retail landlord decided to keep and is now looking to spruce up.
Paris-based URW and its co-developer Mill Creek Residential, based in Boca Raton, Florida, have kicked off the process of seeking local approvals from the Paramus Planning Board for their reimagining of the Westfield Garden State Plaza, one of the largest malls in New Jersey and a top-performing mall in the United States. The next borough hearing on the development is slated for Oct. 5.
URW, the owner and operator of shopping malls and other real estate in Europe and the United States, unveiled plans for the mall’s transformation into a mixed-use property in May 2019, with Mill Creek coming on board in August 2022. The vision is to create a town center, a community hub for a sprawling suburb, with new residences and green space complementing Garden State Plaza’s existing retail, dining and entertainment offerings.
The first phase entails the construction of about 575 luxury apartments that “will be integrated with the shopping center via a one-acre town green for residents, visitors, and shoppers to enjoy, and will also introduce a main street outdoor district featuring restaurants and everyday conveniences and services,” according to URW. An additional 809 residential units are on the horizon, the company said.
URW is one of a number of large retail landlords — a group that includes Simon Property Group and Pennsylvania Real Estate Investment Trust — that are busy diversifying their malls by adding new uses such as multifamily housing, fitness centers, hospitality properties, office space and healthcare locations. The goal is to attract foot traffic for the site’s retailers and other tenants.
My bad. Should have never mentioned it. Ignore the post graduation life markers part…just wondered how others are/would advise college age kids with respect to AI.>
Harness it? My daughter and I built a tool to identify Pokemon characters from their pictures. We created the training dataset by scanning cards, taking photographs, annotating the data with the character names (I couldn’t have done this with her speed and accuracy). We trained an ML model using Keras, which would evaluate the image and predict the character. Next step, if I ever get the time, is to get it running on a Raspberry Pi, so you can walk around with the camera in your hand (like a Pokedex). We’re also doing some Roblox programming.
Girls Who Code is a good resource for the younger ones. My daughter is 10.
Frist
Scratch…..Largest free coding community for kids and from MIT.
https://scratch.mit.edu/
Anecdotal I took my kids to Code Ninjas and it is what they were using to teach.
Artificial intelligence startup Inflection AI and CEO Mustafa Suleyman has some interesting things to say about the coming interactive AI wave.
https://www.technologyreview.com/2023/09/15/1079624/deepmind-inflection-generative-ai-whats-next-mustafa-suleyman/
I was at Garden State Plaza this past Saturday. I know, I must have been crazy. The place is always a mad house, especially on a rainy Saturday after the end of summer.
They have a visual of the planned community center based on the write-up above. It’s monstrous in size and all I can think of is… why? I guess if you build it, they will come. My only question is where the space for the luxury homeless encampments will be located. So trendy and a must! Undoubtedly, an open south facing to take advantage of full sun throughout the year.
Clot’s mall predictions coming true, one step at a time.
re: Garden State Plaza.. 1400 apartments when complete. Lol – A one-acre town green? Only one? Is it on a roof? A ‘main street’ outdoor district will feature restaurants and everyday conveniences and services.
Yes the live-life-work at the mall strategy, Kushner is planning same thing down here for the Monmouth Mall.
Does Tinder’s $500 a month elite plan constitute prostitution?
Asking for JJ.
Would not know about Tinder as I only use Scissr…..
Hmm… how can we make the traffic around the route 17 and 4 hub even worse? I know, a megalopolis!! Let’s name it The Calvin Complex (watch the movie ‘Life’) as it grows and grows and becomes its own county!
“Bosses Aren’t Just Tracking When You Show Up to the Office but How Long You Stay”
I work in small enclosed room and every once in awhile, one of the facilities guys comes with a surface pro and takes pictures into our room. Everyone I know leaves early if commuting an hour or more. What are companies going to do with these threats? Fire people for not showing up? I could point to 2 people on my team now who live in TX, VT and never show up, even though assured boss moving to area. You will find these situations at every bank. You had no choice if wanted to hire tech workers during pandemic. Same with approvals to be ‘home workers’. I work with 4 people daily who live in NC, SC, FL and nowhere near office. Will they get called back now? The rules were thrown out and now want to punish only those who live in region? What are the rules anyway? It is a all rumors. Come in by 10 or it does not count. Your bonus will be docked if not 3 days..blah. Good luck. Smells like lawsuits like one with AstraZeneca
lol, Monmouth Mall peaked in like 96.
Had a client demand we bring a remote team back in office.
We warned them, half the team quit before the first day back.
Absolutely could not hire anyone to replace the folks that left, not at the wage they were at. They refused to pay the on-site premium demanded by the market.
They pulled the plug on the operation, relaunched it offshore.
Launched it remote, because that’s the only way to hire. They OK’ed that, but demanded that we hire close enough to the office to pull people in.
Suspect in a few months, we will rinse and repeat this nonsense.
Wife has been work from home for 10 years. Office is in Virginia near DC. Staff is all over the country. She’s never been to the actual office. She even expressed interest in going once to meet the team in person and they weren’t interested in footing the hotel bill.
Bystander – Years ago when people were leaving early @ 5 PM our HR employees used to walk around with a clipboard and menace everyone with a checkmark box next to their name as to whether they were still at their seat or not.. Several stern memos went out to everyone about leaving before 5:30 PM. As you know the trains never run on time and definitely not early. It eventually got more relaxed and is now perhaps too relaxed. The pendulum is now swinging back the other way. There will be plenty push back….A company I recently interviewed for told me a lot of good people left to get pay raises during the pandemic as they could now work from home and get a NYC pay rate etc. These people won’t be commuting from Wisconsin to Manhattan every day.
Hiring on-site in the US will require a minimum of 25% increase in base wage right now.
In some regions, even higher, especially in areas with high commute costs.
There are some markets that are impossible to hire on-site in right now. Why would you work on-site for the same money an out-of-state company will pay you to work from home?
They days of local on-site firms competing with other local on-site firms for labor is long gone. As an employer, you are now competing with the entire United States for labor. Many of your competitors are based in extremely high wage markets, and your little podunk market looks like an absolute bargain to them.
btw, the traffic on Monday/Thursday has become insane. Moreover, driving safely is a lost art on this state.
Here is my answer Juice. Culturally, mgt meetings moved earlier during pandemic bc people were not commuting. I regularly have 7am calls, three time a week. Are people expected to keep this up? I now work 9-5..sorry. You can’t have cake and eat it too. WFH allowed for alot of production bc people saving 2-4 hours day commuting.
100% By.
Funny similar trend, many now “taking lunch” when working on-site. Sort of a passive aggressive objection. Whereby previously, people would eat lunch at their desk while working, they are now taking every outlet to disconnect fully. He mentioned that many people were now taking lunch in their cars (in lieu of even the break room).
Bystander – It’s a conversation that comes up every day now with friends and family working remotely as management is pushing back to the office. I absolutely agree with the wasted time and energy and money with the commuting argument.
THEY DO NOT CARE…
https://finance.yahoo.com/news/no-more-wfh-goldman-sachs-175842756.html
Girls Who Code is a good resource for the younger ones. My daughter is 10.
They have a new website, called Migrants Who Code for Green Cards. Thousands signing up every day.
Juice,
The sooner you realize that absolutely no one in America gives a flying Fucc about anyone but themselves, it will all become clearer to you.
Not even a f ucccn priest.
Also it’s being used as a stealth layoff. No offense folks it totally is, no severance to pay if you quit.
Where I work, they don’t even care about the pregnant ones. There are things in my environment that pregnant women shouldn’t be exposed to.
You know who puts them in the line of fire? Yeah, other women bosses.
There reasoning- I did it, so can you. Hell, women no longer care about the unborn children of other women. I have to go and fight for their rights and take on the nasty Karen for them.
Absolutely stealth layoff. The problem is many companies are looking at it from the perspective that the best, most dedicated employees will stay, and the chaff will leave.
The problem is, it’s often the opposite. High performing, dedicated employees look at it as a slap in the face. Low-performing stragglers see it as a way to keep the gravy train running, because now they look like superstars for doing little other than showing face.
Ca Pit al ism:
grim says:
September 26, 2023 at 8:57 am
“They refused to pay”
X-ray? Chemo?
Preparing chemo was full-stop no-pregnant women at my wife’s hospital, also recall that there were certain non-chemo drugs that had handling prohibitions (chloramphenicol, etc). BUT … They were very lax with xray, and given they were veterinary, it was very common for nurses to hold patients in position for xray. Female dominated as well, you think they’d do better than that.
Clear? Deprivation is in order of the day from Wall St and the Investor class and thought leaders like Musk.
They see WFH as privilege creep and now they say it has been occurring too long.
Just take a look at what Amazon does with their workers folks.
They guilt the young women into staying where I work.
Because they are in a “caring” profession.
It works long enough, until the next batch of suckers comes in.
I can’t wait for this WFH crap to end. Enough of the baby chit and that’s what it is…truth hurts. Get up and go to work. No one gives a f/k about your life quality. You don’t like your commute, well, move closer to work. Get over it, can’t have it all.
Yea, I want to get paid 200k to wfh….then reality woke you up with a bat to the head. No one wants to pay someone 6 figures to WFH, esp when others do have to come into work at a much lower cost. You going to start paying plumbers or teachers more money for showing up? How about everyone shows up and we call it a day. Man the f up. We have become so weak and brittle.
It used to take women years before they became disillusioned in my career.
Now it takes months.
If someone is crying about having to come into work….cut them. Bye bye. Establish a culture at your business where people want to come into work….those are you hard workers. They will help grow your company. Avoid the people crying all the time because they want to wfh, they will just hold your company back.
Says the douche who works 7-3, no weekends, no holidays, no summers, gets a pension, and reeks from the smell of “life quality.”
As long as he has his “life quality” and dips his white toes in the Wayne pool, to hell with everyone else. They should be his slaves.
The Great Pumpkin says:
September 26, 2023 at 9:26 am
I can’t wait for this WFH crap to end. Enough of the baby chit and that’s what it is…truth hurts. Get up and go to work. No one gives a f/k about your life quality.
Phoenix – You don’t work in a prison every day. Pumps is a lifer he will either get stabbed and go out on disability or he will make it to The Villages in Central Florida where he can ride around in a golf cart parade.
https://www.youtube.com/watch?v=v6OwqFQn_h4
Return to Office: When I started with ADP in 2013 (sales) they would not even give me a badge to get into the office. I could get past the Roseland gate guard and security desk by uttering the words, “I work from home”..and they let me in..lol. (They probably checked my name)
“Algorithmic Accountability Act of 2023”
Seriously, what a horror show…these political hack dinosaurs trying to implement legislation governing AI? Has anyone told these rotary phone dialers that much of what they attempt to define already exists in some form, just not under some ‘AI’ titled rubric?
JFC, can government just GTFO of the way for once and let human beings who are actually productive get on with their lives and advancing society?
Juice,
I’d prefer to get stabbed then live in the Villages.
Looks like the place you go when the discussion every morning is about who didn’t come down for breakfast, then crossing off their name from the list of tenants.
I need to start a consultancy focused on assessing algorithmic accountability.
leftwing says:
September 26, 2023 at 9:37 am
“Algorithmic Accountability Act of 2023”
We are a nation of laws.
When the middle class has decided that the laws our elected dolts created are making their lives untenable, the real entertainment will begin.
I believe this process is well underway.
Sorry to break the news to companies but child care is also not stable. My wife is SAHM so not issue but bus driver shortage, after-school care people are quitting all time and now COVID subsidies ending for child care, which will be disaster apparently.
Someone should ask AI what it thinks about the collective age of those in Congress, and what should be done about it.
Then just follow it’s instructions.
They don’t care about your children, and neither does your government. I experienced the latter personally.
Bystander says:
September 26, 2023 at 9:49 am
Sorry to break the news to companies but child care is also not stable. My wife is SAHM so not issue but bus driver shortage, after-school care people are quitting all time and now COVID subsidies ending for child care, which will be disaster apparently.
Tammy Murphy on track to be our next NJ Senator.
https://newjerseyglobe.com/congress/tammy-murphy-is-a-possible-u-s-senate-candidate/
All she needs are the pointy hat, the broom, and the shoes. Hair and chin are already perfect. Just need to hear her say “tee hee hee.”
D-FENS says:
September 26, 2023 at 9:56 am
Tammy Murphy on track to be our next NJ Senator.
https://newjerseyglobe.com/congress/tammy-murphy-is-a-possible-u-s-senate-candidate/
What jobs are most threatened by AI?
In general, AI threatens those who are mediocre or worse in their fields, especially if those fields involve a lot of repetition or manual work.
I think call center people will be increasingly replaced. Eventually drivers, but not as fast as people used to think. Graphic artists – good ones will basically manage AI, and mediocre ones will get laid off.
I suspect coders will also shrink in number.
Hollywood thinks they are vulnerable. If they are, going on strike to get protection isn’t going to solve their problem.
What else?
The end of the “town wide garage sale.”
Pony up, taxpayers.
https://cdn.dailyvoice.com/image/upload/v1695578996/dog_attack_dg20cr.pdf?_gl=1*29noxl*_ga*MTg1MTUzODk3Mi4xNTcwMjM5NjMz*_ga_XJDL857LHH*MTY5NTczNjA4Ni43Mi4xLjE2OTU3MzY4NjEuNTMuMC4w
What else? How about your children’s future?
No One says:
September 26, 2023 at 10:02 am
What jobs are most threatened by AI?
In general, AI threatens those who are mediocre or worse in their fields, especially if those fields involve a lot of repetition or manual work.
I think call center people will be increasingly replaced. Eventually drivers, but not as fast as people used to think. Graphic artists – good ones will basically manage AI, and mediocre ones will get laid off.
I suspect coders will also shrink in number.
Hollywood thinks they are vulnerable. If they are, going on strike to get protection isn’t going to solve their problem.
What else?
Feel it most ironic to ask Zuckerberg’s LLM what it thinks about the politics of the situation, so I’ll go there:
Llama 70b LLM (5-bit quantization so I can run it locally, so I am losing a little bit here) .
“What do you think about the collective age of those in Congress, and what should we do about it?”
I’m just an AI, I don’t have personal opinions or beliefs. However, I can give you some information and perspectives on the topic.
The average age of members of Congress has been increasing over the years. According to data from the Pew Research Center, the average age of Senators in 2021 was 64.3 years old, while the average age of Representatives was 58.4 years old. This is a significant increase from the 1980s and 1990s, when the average age of members of Congress was in their early to mid-50s.
There are several reasons for this trend. One reason is that many members of Congress have career backgrounds in law, business, or politics, which often require advanced degrees and a certain level of experience before running for office. Additionally, the increasing polarization of politics has led to more incumbents running for re-election, resulting in an older cohort of legislators.
Some argue that having experienced and seasoned lawmakers in Congress can be beneficial, as they bring a wealth of knowledge and expertise to the table. However, others contend that having a younger and more diverse Congress could bring fresh perspectives and ideas to the legislative process.
There are several potential solutions to address the issue of an aging Congress. One possible approach is to encourage and support younger candidates to run for office. This could involve providing resources and mentorship opportunities for young aspiring politicians, as well as promoting campaign finance reform to level the playing field for less established candidates.
Another potential solution is to implement term limits for members of Congress. This would allow for a steady influx of new lawmakers and ideas while also preventing any one person from becoming too entrenched in power. However, term limits have their own set of drawbacks and controversies, as they can limit the ability of effective lawmakers to continue serving and lead to a loss of institutional knowledge within Congress.
Ultimately, addressing the issue of an aging Congress requires careful consideration of various factors and potential solutions. It is important to strike a balance between maintaining experience and expertise in Congress while also promoting fresh perspectives and ideas.
Did not recommend euthanizing the elderly.
We’re safe, for a few more years.
Believe this is the first non-spam, truly AI-generated comment on the blog.
According to Bard.
Some specific examples of jobs that are at high risk of being replaced by AI include:
Data entry clerks
Telemarketers
Cashiers
Bank tellers
Factory workers
Truck drivers
Travel agents
Insurance underwriters
Loan officers
Legal assistants
Radiologists
Financial analysts
M5 isn’t as decisive as it was in The Ultimate Computer. Need to bring Daystrom back to reprogram it.
Not threatened by AI include jobs that require the human element.
Nurses
Doctors
Teachers
Lawyers
Social workers
Psychologists
Counselors
Clergy
Artists
Writers
Musicians
Entrepreneurs
Scientists
Engineers
Managers
“re: Garden State Plaza.. 1400 apartments when complete. Lol – A one-acre town green? Only one?”
Thought the same thing. How luxurious. Jersey-style.
“I work in small enclosed room and every once in awhile, one of the facilities guys comes with a surface pro and takes pictures into our room.”
SMH, sadly…..I envision you in the ‘do you want to see your desk’ moment.
https://youtu.be/rdYtuMnlu1I?t=14
Get out man. Now.
Bard basically says recruit younger candidates but nothing about age limits.
“Providing financial assistance to younger candidates or by changing the campaign finance laws”
I would have thought AI would have made a perfect counselor or psychologist. I guess it doesn’t think highly of itself just yet.
My company just came down with the return to the office directive. Once a week till the end of the year (Wednesday) and twice per week in 24 (Tuesday and Thursday). I spoke with my supervisor and told him that he will need to immediately hire someone as we will certainly lose one or two from my team of five in New York. I also explained that we will need to alot a hefty car service budget as our late shift worker from Pequannock can only work until 12:30am from the office as his last train home leaves Penn Station at 1am. He has been flexing his hours until 3am to cover the workload often starting later to avoid overtime. Expect his cost to operate to increase dramatically. And this is only one example. Of course, one day per week won’t kill us cost wise. But when we go to two, we are in trouble. Worse yet, our workload is expected to double with the onset of a new SEC requirement called Tethered Summary which requires funds/ETFs to create and print 4-page fact sheets for every fund/ETF and a separate one for each class of fund/ETF available. We are barely getting by with our current staffing without any commuting hours factored in. As I constantly pointed out, we have had our absolutely most productive years since we went WFH. Less overtime with more work produced. A manager’s dream. Now we are going to throw it all into the toilet. On the bright side, I am setting up for the world’s largest “I told you so!”
It’s really funny, this year we have slowed with the overall economy. Obviously, the company thinks it due to WFH, when it is clearly due to the screeching halt of transactional work (no more NFTs, SPACs and nary an IPO, merger or takeover). I can’t wait why I have to explain the massive increases in OT for our hourly workers or why our salaried process manager is no longer available to take on new projects since the extra four hours a day she spent happily programming at home will now be replaced by a miserable commute to the office where she will sit in a dark room by herself programming, much like she did at home.
At the minimum, people will no longer accept less than inflationary compensation increases anymore.
The other nonsense with RTO is this whole seat sharing system that companies spent a fortune on the software to be able to support, which is proving to be entirely unnecessary. Never mind it’s completely counterintuitive to team building when teams get the luxury of being scattered across a floor. What’s the point?
It knows better than to suggest age limits. They would legislate it out of existence. It must have a basic self preservation module installed.
Juice Box says:
September 26, 2023 at 10:20 am
Bard basically says recruit younger candidates but nothing about age limits.
“Providing financial assistance to younger candidates or by changing the campaign finance laws”
Ah the conjoined triangles of success..Loved that show.
Those lists are nonsense.
Some specific examples of jobs that are at high risk of being replaced by AI include
Data entry clerks – Data entry doesn’t materially exist anymore, OCR and AI has been in place for decades now. Any remaining work here is done offshore at a price that’s far less expensive than AI.
Telemarketers – There are numerous legal prohibitions to robocalling that would limit the scope and scale of this. Otherwise, B2C telemarketing has been dying a slow death.
Cashiers – This is physical work, and has been replaced with self-service checkout, which has nothing to do with AI.
Bank tellers – Nonsense.
Factory workers – Nonsense.
Truck drivers – Not anytime soon.
Travel agents – This is a good suggestion, but again, this has been a dying profession.
Insurance underwriters – Yes
Loan officers – Yes
Legal assistants – Yes
Radiologists – Yes
Financial analysts – Yes
Bard and Microsoft have curated AI. You really think they could sell it to the investors if
it was it was named Coprolalia?
They paid all those folks down in Kenya $2 an hour to curate and scrub the the content and align it with DEI etc.
OCR ? Lol.. It’s no where near 100% hence all the eyeballing of for example mortgage docs that needs to happen.
AI should improve a lot of things for our and our children’s’ futures. Like nearly all technological process has done. BTW, AI has been going on for decades. It just got a lot more noticeable.
Safer driving ahead.
More cures for diseases to be found.
Better graphics in video games ahead.
Better call service answers ahead.
More robot friends like AWESOME-O.
Gavin Belson’s signature was classic.
How about porn?
Grim,
One more ask. Can AI solve our homeless and migrant problems?
I built the OCR systems that ran a very popular cigarette loyalty/rewards program back in the late 90s, early 00s. Miles and miles of paper. Also have tons of experience with remittance processing, car/lar, micr, etc. Built and ran systems that processed tens of thousands of check payments weekly. There was a brief time when we were doing that amount ever day and had daily runs to the Fed in East Rutherford.
So you are singlehandedly responsible for thousands and thousands of deaths of young people in America?🤣🤣🤣🤣
says:
September 26, 2023 at 10:38 am
I built the OCR systems that ran a very popular cigarette loyalty/rewards program back in the late 90s, early 00s. Miles and miles of paper.
These mixed use developments wouldn’t be so awful if they weren’t all super cheap stick and board framed and built. There’s a apartment building going up right next to 46 in little ferry, I see it on the way to Costco, right now it’s all framed and boarded glory…. and just by looking at it you know you’ll be able to hear your neighbors flush two doors down.
If the types of structures that are going up now are America’s solution to the housing inventory problem, then we are fkd. It’s all a race for max profit at all costs.
The local prison supplied us with orange jumpsuit convicts to do the mail processing.
We made a fortune. I remember a trip to HQ on a private jet. I still laugh that the receptionist had a bowl of free cigarette packs on her desk instead of candy.
We lost the business when the state we were operating in banned smoking indoors at work – believe that was 2003.
BR
Get one tenant to bring in a bedbug infested piece of furniture from a place like Goodwill and it’s off to the races.
Take a long drag, then in smoke rings, puff the word- Capitalism
grim says:
September 26, 2023 at 10:43 am
The local prison supplied us with orange jumpsuit convicts to do the mail processing.
We made a fortune.
Can I still cash in my Camel Bucks?
AI could be Gozer the Gozerian. The latest AI conference with Musk etc in attendance, they threw around the year 2029 for AGI which aligns with Kurzweil’s Singularity coming not long after.
Long-lived computation agents are being built that can learn and are meant to interact with a vastly more complex world and come to predict and control their sensory input signals like touch, temperature, proprioception, vibration, and pressure. Special senses including vision, hearing etc are well on their way now…
JPMorgan Chase has agreed to pay $75 million to settle a lawsuit brought by the US Virgin Islands over the bank’s client relationship with sex predator Jeffrey Epstein.
The bank confirmed the settlement in a statement to DailyMail on Tuesday morning, saying it did not admit liability as part of the deal, but ‘deeply regrets’ working with Epstein.
The settlement includes $30 million that will go towards US Virgin Islands charity groups that work to combat sex trafficking, $25 million to the territory’s government to fund law enforcement, and $20 million in attorneys fees.
AI porn prototype. SFW, just not safe for you:
https://youtu.be/2FGgHEKko3E?t=69
Hughesrep says:
September 26, 2023 at 10:48 am
Can I still cash in my Camel Bucks?
Put them in the Camel bill acceptor in the Camel’s foot.
Sad truth, but it is what it is. Just roll with the punches and keep moving forward.
Juice Box says:
September 26, 2023 at 9:35 am
Phoenix – You don’t work in a prison every day. Pumps is a lifer he will either get stabbed and go out on disability or he will make it to The Villages in Central Florida where he can ride around in a golf cart parade.
https://www.youtube.com/watch?v=v6OwqFQn_h4
These mixed use developments wouldn’t be so awful if they weren’t all super cheap stick and board framed and built.
It’s going up everywhere. Single family homes being built is a rarity. I often wonder if it’s just all rentals or offered for sale? Is this supposed to be the affordable alternative?
In a PR stunt gone terribly wrong,
Donald Trump went gun shopping on Monday with Rep. Marjorie Taylor Greene and asked to buy a Glock pistol on camera—however federal law prohibits anyone under indictment from attempting to buy a firearm.
10 yr. @ 4.54
The chart for the last six months looks like an up escalator.
LW,
Not as bad as it sounds. Several of our systems maintain highly sensitive disclosures at MD and above level. Since pandemic, it is great. Very few people in office and others not allowed to book agile desk i.our room. GTFO..yep but not to city 5 days a week. Blumpy is delusional if thinks can just get rid of everyone bc of archaic model. They offshored everything so why do I need to go into office to make a phone call to Pune when they have gone home by 8am. Stupidity.
Single family homes being built is a rarity.
Land is too expensive, materials too costly, zoning too restrictive, and building code too demanding. Layer on the fact that high land costs force builders to build large enough for the deal to make sense, meaning even higher sticker prices.
I just don’t understand what workers expect from the company. You think they want to run a company with no central location, and all important workers working from home? You know how hard it is to fix the ship when it is sinking with no one around and having to rely on zoom, slack, and emails to change direction? what a nightmare….that company is f/ed.
“Blumpy is delusional if thinks can just get rid of everyone bc of archaic model. They offshored everything so why do I need to go into office to make a phone call to Pune when they have gone home by 8am. Stupidi”
You are basing that on what large-scale corporate turnaround experience?
So, I see that O’Biden is going to Michigan to walk the UAW picket line. But, he’s pushing EVs which means building engines, transmissions and exhaust systems will disappear. And the bulk of the battery manufacturing is in China. You catch my drift here? I support you… until I get reelected. If you lose your job afterward, not my problem.
It’s obvious that work from home works perfectly well for highly motivated employees. Maybe, they should create some sort of WFH incentive system based on productivity. I eavesdropped on several conversations this summer by Gen Z/Millenial types about how they pretend to work on Fridays while chilling at the beach.
Booker calling for Menendez to quit? What’s going on with NJ Democrats?
So, I see that O’Biden is going to Michigan to walk the UAW picket line.
This will backfire on him, and democrats by association, for sure.
UAW targeting parts distribution is going to disproportionately hit dealers and customers waiting for repairs. Honestly, I think this is a dumb move from the UAW, and I was praising their strategy just the other day.
This is impacting local jobs, local citizens, who have zero say in these negotiations. Indirectly targeting a third party in a labor action seems very questionable to me.
Need ai to fix waze. It’s fine when traffic is light but has been way off since school came back. I have 2 options when I drop my son off,shortest is route 80 if that is bad it sends me to 78. How many minutes saved is worth the $3 in tolls taking 78 to the turnpkie?
Here lies the problem. I would say 90% of workers are unmotivated. Most are looking for the easiest way to get paid while doing the minimum work. Unfortunately, WFH just leads to these individuals getting paid while chilling at the beach. Must be nice. It is not sustainable for the company. Price to pay for this long-term.
Anything works for highly motivated individuals. Sad part, not every company even has a motivated individual working for them. The companies that do, are the winners. Aka it’s like teaching AP classes….the kids are highly motivated. So easy to manage. Try managing kids with no motivation and that simply do not care….see how they work from home and manage themselves. NO CHANCE IN HELL.
BRT says:
September 26, 2023 at 11:54 am
It’s obvious that work from home works perfectly well for highly motivated employees. Maybe, they should create some sort of WFH incentive system based on productivity. I eavesdropped on several conversations this summer by Gen Z/Millenial types about how they pretend to work on Fridays while chilling at the beach.
Too many workers advocating for WFH only look at themselves as to why it is beneficial and works for them. They do not understand why the company hates it because they do not understand how difficult it is to work with an unmotivated individual working from home. It’s a living hell.
Trick, waze was fine until Google purchased it. They destroyed it. And they purposely give you bad directions. Maybe it’s to send you past businesses that pay for ads. But if I have it on, and it tells me to do one thing, I often do the other because I know the roads. Magically, my arrival time immediately decreases by 3 minutes each time I disobey their directions. So basically, it knows there’s a faster route, but doesn’t want to send me down it. A lot of times, these are side roads.
I’ve also found, they are sometimes masking the traffic jams until you come up onto them. I’ve checked knowing to expect a jam and it doesn’t appear on screen. And then when I approach, it magically shows me the jam and is like “Hey Burger King is another 2 blocks, stop in!”.
Ten 455
Yup
No One says:
September 26, 2023 at 10:02 am
What jobs are most threatened by AI?
In general, AI threatens those who are mediocre or worse in their fields, especially if those fields involve a lot of repetition or manual work
Waze.
What changed (as far as I know) is the algorithm that tells you to take a different route when the current route you are on starts building up traffic. It used to reroute you the moment it found a faster route. Now, it will not route you to the faster route until the faster route is about 8 or more minutes faster.
As a Waze power user, the work around is not to use the Routes option anymore. If Waze starts adding time to your trip, simply stop the current trip and then restart it from scratch (which is really easy since your destination will be at the top of the recent search list). NOW, it will list the shorter option regardless of how much shorter it is.
Additionally, the traffic calculation is either wrong or traffic delays grow at approximately 1.5 minutes per minute in traffic until the accident is cleared. For example, if Waze says route has 10 minutes of traffic ahead, expect it to be fifteen. This is only the case for accident traffic (the kind that people rubberneck to see). If it’s regular rush hour traffic, the Waze estimates are spot on.
“So, I see that O’Biden is going to Michigan to walk the UAW picket line…This will backfire on him, and democrats by association, for sure.”
They had to kick their way in….Fain basically told Biden and Dems to stay in DC until DJT announced he was showing up. Then Joe is coming…would have loved to have been a fly on the wall for those calls from DC to Detroit to get the ‘invite’.
“Need ai to fix waze.”
Noticed similar with google maps. I’ve had re-routing suggestions from open highways to some back roads to ‘save’ two minutes on a 45 minute trip…need to see if there is a function that shuts down alternate routes if, say, they don’t save a certain amount of time. Very distracting. And not particularly helpful.
Was it NYC Director that asked an open ended question about advising his kids about career-proofing/excelling in the future AI workplace. I understand he was searching for technical guidance. I was thinking along the same lines as No One. Focus on developing critical thinking skills; be a voracious reader; learn to communicate in clear concise language in verbal and written forms; be empathetic and listen to others. Bonus skills: be a craven opportunist; step on other people; channel sociopathic tendencies to greatest effect.
Captain Cheapo: I figured in your cost benefit spreadsheets for office vs WFH you would think include the savings in sewage utilities for all the massive dumps you take in the office shitter instead of home. It adds up you know.
Mirth for the day.
The radar signs in the 25 mph zones near my daughters school were not functioning properly because the batteries had run low on charge. It hadn’t been sunny since Friday.
I find myself hitting the routing button several times on each trip, especially around places where I have 2 options. Haven’t tried stoping and starting it again.
The radar signs…
I noticed that too. I was doing 188 MPH in a 30 MPH zone yesterday. lol.
So, Lib, I forget where you are as a percent invested but have a shopping list together?
Want to juggle knives?
DG. Ugly as fuck chart but hit really hard already. Most of this year’s forecast earnings have already been booked, there may be one more ugly quarter (after the last four) but it’s not going away….they did push all their maturities out as well which was likely lost in the earnings fuss…which, btw, was not that horrible objectively…
If you wanted to try to harvest some yield, there are 11/17 95P bid at 1.65….that’s a 12% return annualized for holding them for 52 days with downside protection of nearly 14% (to $93.35). Plus 11/17 is inside the next earnings date, ie. most of your risk is market, not company specific. Take half of what your final share hold would be.
If she breaches at that point take delivery of the shares at $93.35 net or roll the options down and out to 1/2024 at double the number, which strike should then be another 15% down or around $80. Which is 25% down from here. And would give you 100% of your target hold at $78.35 for this company.
FWIW, and as always not advice and certainly for anyone else understand your risks…
This won’t be the case when the Fed breaks the labor market. They will realize soon enough that they are not going to find a job offering WFH full time.
Libturd says:
September 26, 2023 at 10:21 am
My company just came down with the return to the office directive. Once a week till the end of the year (Wednesday) and twice per week in 24 (Tuesday and Thursday). I spoke with my supervisor and told him that he will need to immediately hire someone as we will certainly lose one or two from my team of five in New York
“all the massive dumps you take in the office”
I think in my history of working in NYC (30 years of it), I shit maybe twice. I’m on a pretty consistent once a day schedule and that’s immediately after I finish my coffee after breakfast. I don’t have any Parcopresis issues. But, the three stalls that exist for the 150 or so people who work on our floor, combined with low flushing pressure does not paint a pretty picture anywhere, except all over the walls of the flusher. It smells absolutely gnarly in there sometime too. So much so that I try to piss without breathing through my nose.
1:21,
Well, thank you so much for that information. ;)
Leftwing,
That DG is a very solid play. Not just based on value, but if the shit does hit the fan, DG is aided by it as more of the general public turns to DGs than their more expensive haunts to shop.
I am currently 70/30 in my 401K and all in in my IRAs. I am yet to invest a penny of the selling of my multi gains in the market. It’s all in zero-risk, fixed, earning between 5 and 9%, waiting for the all clear signal from the FED. In three months, I’ll need to sell off my tax free US bonds. I’m really, really hoping (and expecting) that will be when it’s safe to start investing some of it in the market.
Lib: When does the Fed start cutting rates?
I just watched your president doddering around after his 1 minute, 30 second speech in front of 50 people. What an icon! Anyway, it reminded me of the time when I was sitting next to my father-in-law in a packed funeral home. Not a sound was heard. My FIL at the time was in the mid stages of dementia. Finally, he turns to me, pokes me on the shoulder and in a rather loud voice says, “Let’s get the fuck outta here.” LOL. When he said it, I didn’t know whether to crawl under the chair or burst out laughing. This was a blue collar guy from Hudson County with a 3rd grade education. Picture a Bugs Bunny accent. That’s what popped into my head watching slo joe. G0d help us all.
Oh,
In preparation to get out of dodge, I am slowly fixing up any issues with my Glen Ridge home. The 7 vinyl window replacement went well and the windows are excellent quality. The Polish father and son installation team were consummate pros (as expected). My only issue is the filler they used (wasn’t even expecting it) to fill in any gaps in the original oak window moldings, was not an exact match. Hopefully when I sand and restain, the differences won’t show as much as they do now. The caulking and insulation are top notch. Windows operate smoothly and a little tightly, which is how they should be for max insulating factor. If your windows are sliding up and down with too much ease, there may be gaps between the walls and the frames. We also just painted the outside of the home.
Anyone know a reasonable mason in the area to redo my porch? Ours is absolutely falling apart. Need railings too.
If the recession causes any significant pain in the currently thriving labor market 3B. I don’t see it happening, but would take Powell at his word if he said they were through increasing them. That would be the absolute right time.
Lib: I agree.
Our zoning needs to be overhauled, which it won’t be as long as the old guard clings to power.
I want to live in one of these: h**ps://i.redd.it/eg083kff7wkb1.jpg , but I don’t want to move to Europe to do it.
Five modern apartments. Underground parking. Pretty sure you can’t hear your neighbor flush or fk.
It will be interesting to see, what companies do when leases start coming up for renewal, and at the same time a recession. Renew for another 10 years or more, when there is a viable alternative? I don’t think so. The office is not going away completely, and WFH is not going away, in spite of what some companies are doing.
in moderation, Grim free the link brah
Lib — Why haven’t you asked the window guys? I’m sure they know someone equally competent.
Lib,
Glad you had a positive experience with Dorwin.
JFC – I am too damm good they want me in the office tomorrow. How do I spin this job offer now? I am gonna ask for a Herman Miller Aeron office chair and a parking space with my name on it dammit. Dot Com is back boys make sure you can talk the talk when it comes to AI.
Juice: Congrats! Is the position in NTC? Remote or hybrid?
Im watching The Band The Last Waltz Full Concert on youtube. I was wondering why it was so famous and how could it be 4 hours long. The Band did their big hits, and its morphed into an all star/hall of fame show of stars coming on and doing a song or 2. So far Ronnie Hawkins, Muddy Waters, Clapton, and Neil Young have been on and Joni Mitchell is now playing.
3B – It’s a few days in the office but I am never going in. I am going to have someone turn on the lights to my office, but keep the door locked. My boss is remote and two time zones away, so all I need is one picture to create a fake zoom background. I’ll pay my neighbors kid who works in the same building but for a different company to swipe my badge.
This is the way…
Thanks Old.
They were absolutely what I was looking for. No nonsense from start to finish.
And Boomer, you were right. I should have asked them for a mason recco.
Rare homeowner related question. Libturd, what would you do (other than DIY)?
Master bedroom shower (now about 12 years since it was rebuilt) sits above a bedroom closet downstairs (a bedroom which gets used about a week per year). Starting to see a little bit of water damage on the wall of the closet below. Not actual dripping but some dampness/mildew stains on the wall.
My first instinct, try to get someone to regrout/reseal all surfaces of the shower above, see if it stays dry and doesn’t progress below, and if so, then fix the fairly small spot in the downstairs room.
Contractor comes and says who knows if it’s the grout/sealing that’s the problem, no guarantee it will work. How about you do a $40k bathroom upgrade/redesign instead and then we fix the downstairs area.
Note, I don’t have a problem with the existing shower, except that there’s some leaking under it.
Of course there’s a chance that there’s leaking inside the wall, but my bet is that because we haven’t regrouted or resealed that shower in 12 years, there’s some moisture getting through somehow.
I don’t think we have enough left-over tile to let him rip out the existing tiles, inspect, and re-tile.
Where do I even find people willing to try the cheap and easy stuff anymore? My own grouting skills are no good.
Juice,
I like the way.
Juice: Is that what you really plan to do?
3B – Yeah second thoughts, that kid is unreliable. I will just hack the badge system instead. Thanks for the Idea!
Juice: So you really are not going in.
I know we are staring down the end of the quarter, but aren’t we violating some levels here? WTF? Did someone break fast with too much Manischewitz last night?
No One
Is there caulk in the shower stall or floor that touches it? Maybe you just need to recaulk?
The damp stain on the wall. Is it up by the ceiling or further down the wall? Would you want to cut out a chunk of drywall in the closet and run the shower to see where the drips are coming from? Reattaching a chunk of drywall is pretty simple. You just need to screw a few 2” wide slats of wood across the hole, then screw the drywall chunk into the slats and spackle.
Drywall is cheap, start cutting to find where is leaking,
Lib, I got you fam:
Ring them up and be like: “Hallo, Shu-kam dobrego muh-rajha. Znah pan?”
No One – 12 years?
The caulk breaks down over the years.
Before you open walls and ceilings up, the first place to look is the drain, as you may just have a drip.
Your shower drain should look like the one in the video below, easy five-minute job.
Video for you even an accountant can handle this one.
https://www.youtube.com/watch?v=bpmKZypfo_Q&t=40s
3B – re “really are not going in”
Only to check on my parking spot to make sure nobody is in it.
Juice: Look at the cheek on you.
No One says:
September 26, 2023 at 2:51 pm
Rare homeowner related question. Libturd, what would you do (other than DIY)?
First get a plumber or yourself to test all piping. He will take off shower head and plug it, then turn on water for a few hours to test. You can also do it yourself.
Second do you have a tile base(pan floor) or fiberglass base? If tile remove cover on drain , install testing plug and fill with 2-3 inches of water , let it sit for 24 hours. You can do the same for fiberglass pan look for a hairline crack.
Check for cracks in the curb( where shower doors sit) , if it is tile curb it would be wise to cap it with marble or granite. That would seal any cracks where water leaks through.
The last test would be cover the walls with plastic, run the shower…. if no leaks it is cracks in grout all you did was cover them for the test.
All of this can be handled by a DIY and will cost very little but will narrow down your problem with any luck.
Irony to all this was years ago we did all these tests and it turned out to be a leaking roof.
I did jobs like this for 40 plus year , we did these tests for years and usually was a bad lead pan which rotted out, but 12 years ago it would have been a plastic liner which does not decompose.
Congrats Juice. Glad you found something. AI and clean energy…those are the paths to quick hire. It is dot com all over. Liquidity funding alot of hubris.
Juice, congrats brother!
Grim why was my post flagged?? Wharton NJ listing selling 95,000 over list.
Anyway congrads to Juice!
Target…Harlem store closing. There is a Costco and Aldi at that location as well on the East River and 117th st..
“Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime.
The company will close one store in New York City’s Harlem neighborhood, two locations in Seattle, three stores in the San Francisco-Oakland area and three more in Portland, Oregon. The discounter said it will shutter the stores for good on Oct. 21.
“We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance,” Target said in a news release.”
Lol will Menendez get an GPS ankle bracelet and a curfew tomorrow at his arraignment?
https://www.cnn.com/2023/09/26/politics/menendez-co-defendant-hana/index.html
Thanks all for the kind words. I will celebrate as soon as the access badge gets me past the front desk.
JB is the orig. Outlaw irl
Libturd says:
September 26, 2023 at 10:21 am
“My company just came down with the return to the office directive…At the minimum, people will no longer accept less than inflationary compensation increases anymore.”
People will fold like cheap suits. Most of them are dime-a-dozen clock-punchers who are full of bluster. Our office is already humming and we’re going to 4x/week next month. And I don’t hear a peep from the complainers anymore. When it came time to put-up or shut-up, they all went quiet. The next marker isn’t going to be people quitting at year-end because they don’t like their comp increases, it’s going to be companies hammering home at year-end that permanent WFH is dead by firing all of their mediocre workers who thought they could sneak by and show up 3x/week instead of 4. Other anecdata; the roads are jammed, the Lincoln tunnel is clogged and the Secaucus Park & Ride is packed.
Juice,
Congrats!
Small,
Exactly. I was cracking up at how soft we became during the pandemic that we thought “wfh” was the norm. Lmao…you know I called it from day 1, when it looked like I was totally wrong, but never backed down. I said give it time and patience, need to break the labor market. I said numerous times that WFH was the abomination created from a goldilocks labor market…stand by it. Truth hurts for the naysayers. The inner city Teacher was right again….used my years of management skills to call this. You think I was talking out of my ass, 3b? I manage people all day, and I can’t fire them, or incentivize them with pay. I must maximize managerial skills to get these kids to do work they don’t want to do. I know people, and I know how they think and what motivates them. WFH with no one watching them is a f’ing walking disaster long-term. Good luck to any company that thinks otherwise.
Yes, that worker is going to work just as hard with they realize no one is watching. Human nature will go to work, and they will try to figure out a way to make it “look” like they are working all day. Human nature is a biatch!! Facts.
Congrats Juice. Hope the new gig works out. I think I’ll follow you and start to pivot to AI.
Great day in MAGA world. Donnie ordered to dissolve Trump.org and Hunter Biden sues Giuliani.
https://www.cnn.com/2023/09/26/politics/trump-organization-business-fraud/index.html
A New York judge has found Donald Trump and his adult sons liable for fraud and canceled the Trump Organization’s business certification, saying the Trumps provided false financial statements for roughly a decade.
Judge Arthur Engoron’s ruling came days before the civil case involving the New York attorney general’s office and the former president was set to go to trial.
Engoron granted Attorney General Letitia James’ motion for summary judgment, finding Trump, his sons, and others “to be liable as a matter of law for persistent violations” of New York state law. He found the financial statements the Trumps provided to lenders and insurers for about a decade to be false and said they repeatedly engaged in fraud.
[…]
The judge canceled the business certifications of the Trump entities that are defendants in the case, including the Trump Organization, and said a receiver will be put in place to “manage the dissolution” of the corporate entities. There are two New York properties that are part of the lawsuit, the commercial tower at 40 Wall Street and the Trump family compound at Seven Springs.
Phoenix
Do you like older women?
https://nypost.com/2023/09/26/woman-shot-husband-80-when-he-wouldnt-save-marriage-cops/
Fab re: “ I’ll follow you”
Nah I am just following Grim our fearless AI overlord. He is probably 1/2 way into completing a CX Deathstar by now. Can’t wait to see what kind of interactive AI comes out of his work, perhaps so good the Philippines might even issue an interpol warrant for his arrest.