Hudson Yards: Just a billionaire's playground?
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- Опубліковано 28 вер 2024
- The largest private real estate development in U.S. history opened its doors in New York on Friday. Hudson Yards, on Manhattan's far west side, is a commercial and residential wonderland featuring some of the city's tallest buildings and most expensive restaurants and condos. Some see the project as a welcome addition to the nation's largest city. Others think its exclusive offerings mean exclusion for too many. Tony Dokoupil reports.
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You know you've made it when you can build elaborate staircases to nowhere.
The whole structure is a honeycomb, the luciferian globalist elites a part of the "Hive Mind" and the pine-cone/honeycomb symbolizes that to the teeth!
@@joshuab2437 wow. Damn
ZybakTV - does that mean in the end you're going no where anyhow? Ha ha
It's art, bro. Check out the work of MC Escher.
You know you won't make it in Arts when all you can come out with using that budget is a beehive-shaped staircase to nowhere.
That's pretty cool that they built it without stopping the trains
built on an area where it was one of the most dangerous part of Manhattan a few decades ago. New York wanted to be cleaned up, well there you go. You have it.
@Andreas Knezevic that is dumb. tax incentive means that the business pays lesser taxes to help with the cost of building the buildings. Now that the buldings are up and people are living in them and shopping in them and working in them, that generates revenue which produces even more tax revenue than before. So what you said is dumb.
@Andreas Knezevic I don't feel it's a ripoff..it's art and art isn't a ripoff.
@@utkarsh4386 That's correct Utkarsh..
finally, right?
@Andreas Knezevic A rip off for tax payers, yes I agree. Here's another rip off though; per their March 5, 2019 documents, the MTA brought in $2.7b from "toll revenue" but spent $9.7b between "payroll, pension, health & welfare, and overtime" -- So expenses are ~350% higher than revenue (in terms of BILLIONS of dollars) and who fronts the bill to keep them afloat? .....You do
Honestly, $5000 a month for a 1 bedroom there is less than I'd imagine. There's some luxury 1 bedrooms in Brooklyn that are almost as much.
What a steal!
@ItsZachTV OHIO!? Wow.
Incentive to leave NY.
Texas has no state or city income tax. People relocating there by the thousands.
Too expensive here, has been for years.
Agreed. That’s nothing new.
being from Miami I was shocked by that amount
I think it's always funny when these mega-rich real estate projects are unveiled. They're praised for their architectural innovation and modern beauty, with plenty of high-end shopping and 5 star restaurants - but not a grocery store in sight! LOL More like a tourist destination, rather than an actual, realistically priced residential development. I'll bet half the apartments purchased by foreign "investors", will remain empty.
E. Michael Tanner i think i read somewhere that it will have a grocery store, Fairway, inside the mall..
E. Michael Tanner yep they thought of a grocery store as well. No they are only empty when away on business.
they have their groceries delivered
Not only what Franky said, but if you’re paying what it cost to live there I’m sure you have some assistant
@@dl5fse990 yeah and they pay more in taxes for the public school than the average scrub yet will not send their kids there so thats good for everyone.
This guy sounds like the capitalist twin of Bernie Sanders.
BLAIR M Schirmer you mean the brother of McVicker?
Someone has their snowflake panties all in a bunch!
He looks like George Burns (the actor).
R G ....Jewish archetypes in the kosher flesh. *~XD*
Bernie Sanders is definitely a capitalist. In my country he'd be part of the conservatives (at least in economic ideology).
Just another ultra modern, anonymous edifice. Could be in new york, china or dubai... not ‘unique’ in a way of fitting in with nyc
Exactly. I live 20 blocks from this development (on 11th Avenue). It is simply another way to make money in the long term for billionaires.
lol what other kinds of buildings are there? This looks cool, nice landmark.
@@sandmancesar I can assure you, there are no landmark buildings there. And never will be.
Except its in America the greatest country on earth
Haha what would make it fit in with NYC then? Rats?
The Vessel, a $150 million dollar wastebasket
Design & more are you just gonna comment the same thing on different comments for the rest of your life buddy?
alternate names: The Pine Cone, The Shawarma Cooker
then it is a funny wastebasket -- it doesn't it hold anything
A $200 million dollar wastebasket, the news report is off by $50 million dollars. The vessel looks like a toilet.
Looks cool. If ya got money, why not?
You need to make over $200,000 a year to live in the cheapest 1 bedroom there, yet the median income for an entire household in NYC is only about $50,000. Hopefully, the increase in housing supply will cause rents to drop or at least stabilize, although that might be wishful thinking.
Wont happen until the city limits foreigners buying up the properties.
Their is a massive undersuply of new housing development nationwide.
Look at the property tax in New York . Also look at the laws in manhattan that make it difficult to build . Doesn’t seem like that’s changing anytime soon .The rent in nyc would only get higher . Better move else where or buy
ARVIN that's a purely ignorant remark. Foreigners don't drive the market in NYC - get with the century already
Number one, an increase in housing stock will only increase rents. Why? It's the location that entices developers to either raise rents. Or, rent at market rates.
I was there last week. Totally sterile, totally corporate. Lifeless. Great views though.
Yeah, typical NIMBY-speak. Yet NIMBYs love their crappy 50's-70's houses built with cheapo materials with zero architectural quality or flair located around a spaghetti network of highways. All bought on the cheap in their hippie youth, all now worth millions thanks to their NIMBY efforts to block any new "soulless" and "corporate" "overdevelopment". Basically, what NIMBYs are saying is all development should stop once they built their crappy houses on agricultural land and enveloped it in highways and strip malls. Now they're just waiting to cash in and retire in some warm country in Latin America or the Pacific, so gotta keep blocking those evil "developments" that endanger their plan. And who cares about the future generations, they're all unworthy "millennials" anyway, right?
@@Zerth44 Are you mental? You're having a fight with yourself! No one said anything about killing development. I support development that takes risks, yet remains open to all with mixed-income tenants, stores and public spaces. Take a trip to London or even a subway ride to Union Square or Ground Zero in NY to see smart, democratic development. The Hudson Yards billionaires made a choice to create a cold, rich playground. I think it's intentionally sterile, and too representative of corporate culture.
@@chiedu90069 I lived in England for some years and I can tell you that new developments in London are being subjected to the same criticism, cold, corporate, soulless, exclusively for the rich etc. etc. I just think that this argument is overplayed and often comes across as inauthentic, either pushed by NIMBY interests to increase the value of NIMBY-owned property or by proponents of historical styles like Prince Charles who opposed modern additions to the fabric of London. Sorry if I went on a bit of a rant there. Didn't mean to target you specifically, just a wider audience. Cheers.
Ah, that explains the 'reasonable' 5k rent.
what's up with new yorkers saying it's to clea and sterile ?
do you guys actually like it dirty with rats, feces and stuff ?
i'm not from the usa btw.
So much for affordable housing, which the city desperately needs more of.
I mean did you really think the giant glass skyscrpaers were going to be affordable? Thats a bit ridiculous my guy.
my hope is that they increase total supply for housing and reduce costs in areas like Chelsea, Greenwich, soho and others. You know where housing is decent comparably and they are actually nice places to live lol.
What are you talking about lol? Since when did anyone say this was going to be affordable housing?
@@10Exahertz decent places aren't available to average individuals in any part of the world lol. If you can't afford good places, you make a compromise and settle in a lower cost area
It's funny that you think you can just build something that is affordable. It's not an inherent quality of the building, like the color or the height. It depends on the supply of buildings in general and what the demand for those buildings is. Also, price isn't arbitrary. It's based, in this case, partly on supply of land. And, in Manhattan, there's not a lot of land. You can't just magic up some land and thus reduce price/make buildings more affordable.
What a complete and utter silly sausage you are.
@@izdatsumcp haha aye, you're not wrong there!
It's a beautiful addition to the skyline. It looks impressive. But the prices are insane.
Roger Hyman I agree, it’s kinda like a museum or whatever, like what do you even do with it
@BLAIR M Schirmer That is only showing the bottom of the buildings.
Demand drives price. They'd sell like hot cakes if they were $1000/mo and they're still selling like hot cakes at $5000-$15,000/mo so theres no reason not to
Roger Hyman -- The prices are not insane. Anyone making $150-$200k a year will compete against each other to live there.
I agree the prices are insane, but if you have money, and that's what you want to pay, go ahead. Its not beautiful though, nearly all modern buildings are boring and ugly, nothing as nice as the Chrysler Building or ESB.
$20-25 BILLION for this project? You could literally build a whole city with that.
You don't work in business do you? $20-25b isn't chump change but thats certainly not some unbelievable number. For reference, Apple's revenue for last year alone was $266b and they netted $60b
We’ll, they kinda did. It’s like a mini city inside NYC.
Outside America it would be very feasible. Consider the massive skyscrapers in Dubai all built on salary of $600-800 a month of South Asian workers who works 80 hours a week.
Yes. Wealthy people want to live in the city with the high value of life that is offered in restaurants, theater, museum, concert settings, sporting venues, commercial retail, business & employment, area to dock the mega yacht, and for the view of the city.
What does Apple's revenue have to do with building construction?
Does NY ever build affordable housing? I only see expensive which already exist in bulk
it's close to impossible in manhattan. Literally no more lands left outside of central park, and no one dares to reduce central park for affordable housing. There are plenty of lands in other boroughs far from manhattan, but nobody wants to live there, even the poors. People become super bitter when they have to live away from manhattan
@@jaehongsong4904 Well, there is going to be a Harlem Lines project in the S. Bronx I believe. High-end and Low-end.
Bigger than the Eiffel Tower? I think not.
It just isn't as beautiful as Eiffel
Can I see a side-by-side comparison of the Eiffel Tower and the Vessel at Hudson yards?
I thought our Eiffel Tower was either the Empire State Building or the Statue of liberty
@@hudsonhintze But, is Eiffel Tower actually beautiful?
He said it's going to rival the Eiffel Tower. He never said it was going to be bigger than the Eiffel Tower.
Getting my wife a DVD of Bird Box for Wife's Day
Michelob Ultra
A staircase to nowhere. The perfect analogy for the corrupt real estate bubble. Whoever designed got paid to protest their client's unlimited greed.
Everything there is so damn ugly!
It is a staircase to an overlook platform. Are you of the opinion that all staircases lead nowhere? They all eventually go back down to where you came.
It's a cool sculpture, but the views would probably be limited
NYC is amazing. Millions of people who need 3 roommates to afford their tiny apartment because rent is too damn high, meanwhile they're getting tax incentives to build a $150 million staircase that goes nowhere. This is the realization of "If I were a rich man" from Fiddler on the Roof:
"There would be one long staircase just going up,
And one even longer coming down,
And one more leading nowhere, just for show."
$150M for a staircase with a view? that could have built 20,000 homes for the homeless.
Insane isn't it
my bro drove by few weeks ago...those places are big...those stairs cases looks awesome...
$5,000 to a month just to live there..no thanks..
The rentals START at $5,000 a month, lol. For a 1 bedroom apt. Larger apts. probably run to over $10,000 a month rent.
No way its only 5k a month. My mortgage is 5k a month and my place isn't 30 million.
@@ryanharrington6389 Well, that's what it says on their website. Probably $5K for a studio, lol.
Better if this was more of a mixxed income area
mix of what? expensive and more expensive. this is new york.
That doesn't exist south of 110th St in Manhattan
What a spectacular building that has the subway running through? Spectacular view. Live life longer.
Building over active commuter trains was done in Chicago many years ago and is still done there more and more
Oh this is why they didn’t want a football stadium there. Affordable housing.
Now that the billionaires own NY, kinda' makes you miss the days when the 5 mob families ran the city 😂😂
IKR
After hearing that I’m glad New York is a place for rich people
I'd rather have the billionaires run NY than the corrupt government. Private developers can build city infrastructure far better than the NYC bureaucracy.
Nope
Gone are the gritty , personality driven days of NYC... when neighborhoods had character and identity and authenticity. Now Lower Manhattan looks like one damn giant space station.🤷🏾♂️
Lol those days are long gone .
Damn, New York. Y'all used to be tough and gritty. Something the rest of the world used to look up to. Now, NYC, and the Hudson Yards project in particular, is a symbol of American greed. Y'all gotta do better...
xDexter'sFinestx Even though the ideas and symbols of corporate greed were alive before in New York City, at least everything looked gritty and cool.
Just because a project is being built for the wealthy the first assumption you make is greed?
@@newyork6480 wooosh
@@newyork6480 Well sometimes or actually most often that is kinda true. It's like they're trying to push the lower or even middle-class outta existence and force them to live on the streets, basically becoming homeless!
@@newyork6480 TBH... I don't even know if there IS EVEN a middle-class anymore!
The vessel is so basic. It does not inspire any emotion and it looks unfinished.
It's supposed to look unfinished
They should have had high glass walls instead of low railings. Much safer and would still give a sense of thrilling vertigo if the glass cants outwards and starts from the floor, without railings.
I'm dreading the first suicide report from this structure :-(
@@visionist7 Yeah I'm worried about that too...
Classic post-modern architecture. It means nothing.
Can always make NYC more congested for everyday New Yorkers. Thanks mayor de blasio!
Part of this project is to add 7 trains and extending the subway line. You can thank the developer I guess.
The architecture is undoubtedly beautiful, and really does add to the city skyline, but those price tags. Ouch.
If Mr. Stephen M. Ross spent this much effort on the Miami Dolphins.......
They might win 10 games.
It is funny how wealthy people try a justify tax breaks. While middle and working class family gets stuck paying the bills. Why would an incentive to build in NY? Housing is already at a premium there. Whatever you build they will buy.
I wonder how they got rich? Some where along the line they worked hard for it, if not them then their parents did. Most of these people put their money on the line and run a risk of losing it all. Why do they deserve tax breaks? This project employed thousands of people to build and will take a few thousand more to manage and keep its facilitates running on what use to be unused land. As a working class New Yorker I see people getting employed and I'm ok with it.
You don't have the capacity to understand what you're talking about.
Go create value and become wealthy yourself. Dont complain about the system or rules, use them to your advantage. Such a losers, fixed mentality
@@dobattlersNo I am okay with what I have
@@dobattlers because we all need to pay the fair share. its not loser mentality its just being concerned about the countrys finances
This is a monument to the fact that we need to raise taxes on the rich A LOT.
Taxation is theft.
@@ajgerbi Only if you never use roads, bridges, schools, mail, libraries, social security, Medicare, safe food, safe housing, etc etc etc…
@@ashleighadams1842 instead those who directly use them must pay taxes.
Wasn't this the spot that the jet's wanted their new stadium built years ago?
I no longer want to live in one of these cities.
Are you stuck in New York?
Thats weird, literally just went to the L'oreal offices there a few weeks ago
My hometown never sleeps, awesome best in the world.
Alfred Vinciguerra those billionaires don’t care about you, fyi
"Make sure your friends succeed in life so you can depend on their money" unknown
I've only been in America for a few months, and what I like it here, especially New York City is that even though I don't have that much money, you'll never be bored here if you just visit the nice places around for free. That's something the mainstream media doesn't cover anymore. From my personal experience, I only had $5.50 in my MetroCard, and I was able to explore Manhattan's almost unlimited places. I live in Elmhurst Queens. It's so nice to live in such close proximity to such an exciting city where people from all over the World travel just to see Manhattan.
"Too flat. Too clean."
That's the private sector. Pathetic Pulitzer Prize winner.
An MC Escher gilded staircase to nowhere, an apt metaphor for much of urban life today.
William Perry very well said!!
In no time it will look like Dubai Shanghai !! The character of NYC will fade 🌹
play ground for the rich plain and simple, and a few trinkets for the poor
So what do you want
Not to develop this project????
It ain't the projects and usually the poor bring crime to the area fyi
Did you really this someone was going to build that for the poor and lose money on it?
Should have built Zeckendorf's airport here instead
What, pray tell, would the poor wanna do with a playground? Just another place to shoot up drugs?
$25 billion. If he/they really cared about New York, and it’s people, that money would have been better used for upgrading areas all around the city that needs improvements.
Why don't you master necessary market skills and become an investor and put in $25 B into NYC metro and nearby infrastructure ??
#fucksocialism
This comment screams sanctimoniousness. Get over yourself.
LOL. Why would he do that? He's a developer. His business is to build properties and sell them. His business is not "Caring about New York and its people." Why don't you start a business on that premise and see how long you last?
@@riankashyap1996 He didn't actually "put" $25 billion into NYC however.
Just ruins my walking in high line. No personality, no green at all.
Yea they definitely need to plant some trees there, now for the summer.
Only transplants, tourists, hipsters, 1%'s, enjoy walking the highline. You and Hudson yards is exactly what's f**king up New York.
NOFOOD? Thats the reason Central Park exists
I mean I'm pretty sure the only place I will go there for is the mall because, well; I'm a bit of a retail nut.
Go to central park or get a bonsai.
That's not as appalling as people still making $10 - $15/hour in the city and still paying the same sales tax as people that make millions. How do you explain that NYC, is that even fair?
Something tell me this just a waste of space. Most those apartments are going to be empty. Foreign investor are going it them and leave them empty.
What a balanced report and a brilliant discussion. I can always trust CBS news to ensure both sides of a story is presented honestly and equally.
Robert Moses is dancing in his grave.
Should have built the Brooklyn Battery Bridge.
@@jeffreythomson8068 I agree although Battery Park would have been essentially ruined. Still it would rival San Francisco's Bay Bridge for sheer cojones
He tried but longtime rival, and president FDR directly stopped moses from building the battery bridge by having the navy deny permits, forcing the tunnel instead
Similar thing is happening in Philadelphia, in the University City area. The former site of University City HighSchool.
Why do American skyscrapers look so boring most of the time
Frank van der Zijden You’re out of mind. Look at the freaking shape of these Hudson yard skyscrapers it’s far from boring.
They tend to be built on low budgets. "Let's get this done as cheap as possible." Leads to dull glass and metal buildings.
"Value Engineering"
@@newyork6480 these specific ones are definitely boring. NYC mimicking the likes of Shanghai and Shenzhen, and mostly failing at it. Who would have thought.
Look in google earth at Hudson yards in close up. It has more detail than you might think. Also the best skyscrapers in the world are the epic art deco ones in america
How on Earth did they managed to lay down foundation for those skyscrapers above an active railway route???
Too much capitalism gone wrong these days...in our big cities.
I mean as much as I like living in a free-market capitalist society; it does seems that capitalism (at least in the US) is kinda beginning to go "off the rails" lately... Maybe we should at least add some (should I dare say it) "socialism" or at least some "socialist ideas" in the mix to keep it in balance?!?!
I mean I ain't no full-blown socialist, even though I see myself at being either a "centralist" or at least a "central left" person; but maybe it's probably time for something new...
@@NathanDavisVideos Not saying we need full blown socialism never that...but we do need to cover the gaps left by the top 1% elite billionaires and corporations like Amazon which have killed millions of business like my own.
@@andrewfreeman88 I totally agree with you!
5:57 can someone please tell me how he made that sund with his lips
Worked on the LIRR storage yard in 83-84. MTV across the street. Hi Martha Quinn.
The vessel is good reflection of NYC a stair case with nothing lol.
I like you! Great comment!
Regardless, we all hope the best for NYC!
Love the architecture and the design.
Wish that money went to the subway
The entire development seems like a gimmick to me. It might be a dream project for architects, engineers and other planners, but I don’t think any of it is needed in the nyc landscape. The city already has plenty of luxury apartments, offices, and high end retailers. I predict it’s going to be yet another place that locals will avoid.
that stairs is a $150 Million structure?
srthellcat707 The project is 25 billion not the staircase
definitely some great marble skate spots here for sure
Can’t wait to move there
It did used to be a dead zone in that area. But as they build more luxury buildings, is it allowing housing prices to come down in older buildings?
More like a Chinese and Russian billionaires fantasy!! They can own a little piece of the big 🍎..
$5,000 a month. Who can afford that other than a few select people. That's out of reach for most people, including most doctors, nurses, nurse practitioners, and lawyers. Remember $5,000 is just the rent. These people still have student loans to pay, a car or public transportation costs, utility costs, food, laundry, cell phone bills. So in order to live here you would have to be making at least $10,000 a month after taxes, which means you would have to be making at least $15K a month before taxes, that's $180,000 a year. Only a few people make that.
cooldeesir A lot of people make that kind of money in the NYC area, standard of living is much higher. In Hunterdon County NJ where I live more than 10% make over $200,000 a year w/ median family income over $120,000 a year so it's rather feasible for most people. If you lived in those areas you would know that $5k in rent a month is rather cheap especially when you consider that over 7% are millionaires across the entire state. Most doctors and nurses in this area also make close to $200,000. To say that you have to be wealthy to live there isn't exactly true and at the end of the day most people pay about $5k a month in mortgage in mortgage.
There's also a lot of generational money, i.e., trust funds, floating around the city. If you see a group of 30somethings living in NYC, chances are that at least half of them are getting some kind of handout to subsidize their Manhattan lifestyles.
come on guys, it's nothing, Shanghai China is building real estates like this every year in the past 20 years. It's built by rich, and sell to rich, simple a rich people's game.
Look from NYC and I ain’t mad at all gentrification is a good thing helps the city w some money, the outer boroghs are cheap and all accessible by subway anyway
His attitude that the rents will continue to increase is just unrealistic, it's a boondoggle for sure.
That penthouse is still cheaper than 432 Park Avenue and most of the rest of Billionaire's Row along 57th and 59th Streets.
Midtown West as a whole is becoming a very large employment hub, even compared to Midtown East. Hudson Yards will provide leasing space for employers, so that's one benefit. The 7 train extension was actually built with private money, with only chump change (
I like driving and parking. No way I trade it for subway, not even for zip code
Shell-I hear that!! Lived in Manhattan almost my entire life. Moved.I'd now rather drive on I-80 than deal with those subways.
HY also looks completely out of place on the skyline. Much like the random tower on the LES by the Manhattan Bridge; which was a grocery store previously
I'd rather go enjoy one of our National Parks than go walk up some stairs and take a million selfies.
Yes, it is.
Why didn't they build a new train station there instead of shoving people into Penn Station
The 7 train is there and it is new
Definitely yes
Chicago-
Just wait🤨
Sad the this rich people basically kicked every middle class out . New York its nothing like it was before people continue to move to other states and outsiders rich people basically moving in nyc smh.
the last king lol 😂 no one was living there before so no one was kicked out.
tj - I was born, raised, spent my entire career in Manhattan. It's never been empty, lol. Some rich people only want the prestiege(sp) of having a NYC address, not live there, plus rents are pricing the middle class (or what's left of it) out.
I recently stumbled across this on a visit to New York last month, didn't know what it was. But remember thinking "Is that finished or is that just a bunch of staircases to nowhere? What's the point?"
Love it born in New York City, the south Bronx borough.
I'd rather visit the South Bronx than this corporate theme park without any rides.
But not at night
@@visionist7 go to co op city in the upper bronx! It's very nice out there! ;D
Where is the New York slice, the bodega, the corner drug store, the basement bar, the late night take out, the fresh fruit and veggie store, the bagel shop, the deli, the things that make a neighborhood great to live in. A school, a church, a live theater, a comedy club, space for a locally run store of any kind. Every building set far off the street so there's no sense of community. And an indoor mall?! In 2019?!
Nobody will shlepp way over there!
Think of the Stupid South Street Seaport.
I used to like NYC.
China builds a new NYC size city every year and we’re focusing inward.
China is building ghost cities.
I can't afford it, but I'm not complaining. Get over it.
Mr Ross and authorities should consider to do something for the city's poor or homeless so that they dont feel totally left out. That would be a good gesture. Sort of give and take.
The object obstruct the view from Weehawken,NJ. The beauty of Empire State Building is hard to see.
The only good these projects these do is make for a tourist destination like mega buildings in the Dubai etc
For you maybe. Other people live in them.
I ‘ve been there.
So how many "average New Yorkers" will benefit from this mega project?
But then it is a "stairway" to no where, a where no average person employed at the "Hudson Yard" will be able to afford!
Yeah, the rich can bus their own tables, take out their own trash, and sweep their own streets. No one should work there.
there was nothing there and now that place will generate a fortune in taxes benefiting everyone in New York
A lot, those people need to pay property tax, there will be new jobs created and it will ease the market in other areas where rich people previously lived as all of them will try to get to Hudson Yard.
This mega-project is intended to house millionaires. Many New Yorkers are pretty wealthy and they are a family and there’s a mom and dad that have good jobs they will be able to afford. He might of mis worded his sentence but that’s the audience it is put towards to.
@@lolkac17 Hardly! This may be the new, shiny object du jour, but it has yet to attain the street cred of established old money enclaves like the Upper East Side, where the highest of high NYC society live. Hudson Yards, at best, will be a magnet for rich foreigners with new money looking for a place to park their ill-gotten gains. The rental towers may fill up with residents eventually, but you'd better believe those condo towers will look totally dark at night.
To bad everyone can't be there smh. Crazy.
Just a place for the rich
I mean, it cost billions of dollars to build. What did you expect?
life isn't fair grow a backbone and deal with it like an adult.
The city will still profit from these developments.
Would you rather the rich buy up rows of normal people's houses to convert into their mansions? Better they live high up there than buy up enormous tracts of land down here. What would that do to the normal folk? Thank God there's a place for the rich.
Excited to see the vessel! No way I’m walking on the glass floor 😀
The bigger issue is the same as during covid when renters said why would I pay 5k per mth etc when the city is not working for me. Suddenly its even more empty, devoid of neighbours, dangerously empty in the dark and you realise nobody is there to help or talk to bar the underpaid security guard and the voice at a distant telecall centre when you call. At most you see late night deliveries of food or suitcases and any actual neighbours refer any comms to the landlord
Damn i wish I would’ve invested in this sooner
I’m not against this. It brings NY closer to places like Dubai
They should build some new projects buildings
Can somebody please describe how this development is different from what has happened to the World Trade Center neighborhood?
Everything in that part of FIDI is brand new and expensive.
Brand new is typically synonymous with expensive. How different would you like it to be? Dilapidated and cheap?
Their billionaires pay into property tax system which helps the whole city
Reminds me of Fiddler's Green in the 2005 film 'Land of the Dead'
America: *creates capitalism*
Also America: "i hate when a group within our society gets better treatment"
America didn't create modern capitalism, that was the Dutch I believe.