135jc wrote:
Quote:

Kurtmcdirt wrote:
Here are the current jobs that Amazon Advertising is currently hiring for in NYC. These aren't desirable jobs?

https://www.amazon.jobs/en/business_ca ... t=10&sort=relevant&cities[]=New%20York%2C%20New%20York%2C%20USA&distanceType=Mi&radius=24km&latitude=&longitude=&loc_group_id=&loc_query=&base_query=&city=&country=®ion=&county=&query_options=&

$3 billion in tax cuts for $30 billion in revenue. You do the math.

bodhipooh wrote:
Quote:

Kurtmcdirt wrote:
If people read Amazon's statement they would see the part where Amazon says they already have 5,000 workers in NYC and they will add more. NYC is going to get the tax revenue from these workers and not have to give the world's richest man any incentives.

A good portion of those existing jobs are not the type of high paying jobs that would have come from having HQ2 here. The cumulative loss in salaries is almost 4 BILLION annually. And the loss for NYS and NYC will be about 300 million annually in personal income tax revenue that will not be realized, plus additional labor taxes not paid by the employees.

The state (and the city) bent over backwards because the the projected revenue from those 25K jobs would have paid for those incentives over time, and then some.

135jc wrote:
A bunch of liberals out liberaling each other or maybe our prgressiving each other. Regardless of the tax break LIC will not recoup this loss with other business

TheBigGuy wrote:
The cost of doing business in NYC and NY State probably warranted the $3B incentives just for them to be in contention. 25K jobs does mean something to a local economy... especially if they are blue collar jobs.

Google and Amazon are two different business models... And why would I expect a positive article from the NYT? Bezos owns their liberal competitor WaPo. Do you really think the NYT want Bezos pitching a tent in their backyard?



Quote:

hero69 wrote:
another insightful NYT article about amazon subsidies. so, amazon got $570 million from virginia and $100 million from Nashville, yet NYC offered $3 billion? WTH?
oh, and give me a break about the 25,000 jobs that amzn was gonna bring to LIC with an average salary of $150,000. that could mean anything from 1 person making $5 million and rest make peanuts....why should taxpayers subsidize someone's $25 million salary?



https://www.nytimes.com/2019/02/14/ups ... nn-subsidies-critics.html

bodhipooh wrote:
Quote:

Monroe wrote:
Quote:

hero69 wrote:
amazon has decided not build HQ2 in Long Island City. Can't say that I'm too sad given all the financial incentives ("corporate welfare") amzn was due to receive. maybe they can expand their newark operations as well as dc and nashville.

https://www.nytimes.com/2019/02/14/nyregion/amazon-hq2-queens.html

NY politicians and 'activists' trying to blackmail them into using union labor sure didn't help.

EXACTLY. A bunch of politicians and useless self professed "community activists" felt excluded and were upset they didn’t get their due in the selection process, so they decided to try and force Amazon into a corner via public agitation and shaming. Those bozos just did the LIC (and surrounding communities) a disservice: instead of a huge economic boost in the near future, they will be facing the reality of a slowing economy and softening real estate market. Kudos to Amazon for not letting themselves get smacked into submission.

JPhurst wrote:
I did not have as many problems as others with the project, though the way it was pushed through was deceptive.

But how is the VVPA illegitimate?

And Yvonne has not had anything to do with it for a long time.

Stringer wrote:

After 16 Years of Construction, American Dream Mall Will Finally Open. Will it Work?

Shopping malls might be living a nightmare, but New Jersey’s American Dream Mall is trying to do something bigger, better and more entertaining. Will it succeed?

The American Dream Mall—once given a deadline to open in 2014 when the Super Bowl was played in New Jersey—has become the butt of many Northern New Jersey residents’ jokes. It’s been empty for years, little more than a garish, multi-colored eyesore to the drivers on the New Jersey Turnpike.

But finally, after 16 years of starts and stops, missed deadlines, three developers, five governors and a major retail contraction, current developer Triple Five claims the $5 billion American Dream Mall in East Rutherford, N.J., will open its 3.1-million-square-foot center in April. That includes 1.5 million square feet of retail, the largest indoor amusement park in the Western Hemisphere, an indoor ski lift, a DreamWorks-branded indoor waterpark, a Cirque du Soleil venue and a National Hockey League-sized ice rink. Subsequent phases call for two hotels and a convention center.

“There’s a lot that you can see with your eye to let you know this thing is coming soon,” said David Townes, a senior director of retail at Cushman & Wakefield whose office is next to the American Dream site in the Meadowlands Complex.

But even as it nears the finish line, not everybody’s convinced the American Dream Mall will really come to fruition. (At least not on the April timetable.)

“We’ve been told this story a gazillion times,” Jersey City Mayor Steven Fulop, who recently criticized the project on Twitter, told Commercial Observer. “I gloss over these dates on when they’re projected to open.”

https://commercialobserver.com/2019/02 ... inally-open-will-it-work/

dtjcview wrote:
Quote:

Yvonne wrote:
The original employees at fast food restaurants were high school teenagers/college students and retired seniors. It was never meant to be employment for raising a family. Immigrants took those jobs and it became the staple for their income. I remember going to a fast food restaurant and gave the cashier $4.01 so I would get back six dollars from a ten. The cashier was clueless to what I was doing and another cashier had to help her. It didn't help her English was limited.

You gave the cashier $4.01 and expected $6 back? Where did the $10 come in? How does this make any sense?

Was the bill $4.01, you gave the cashier $10.01 and expected $6 back? If so, why didn't you say?

No wonder the cashier was confused...

Yvonne wrote:
The original employees at fast food restaurants were high school teenagers/college students and retired seniors. It was never meant to be employment for raising a family. Immigrants took those jobs and it became the staple for their income. I remember going to a fast food restaurant and gave the cashier $4.01 so I would get back six dollars from a ten. The cashier was clueless to what I was doing and another cashier had to help her. It didn't help her English was limited.

bodhipooh wrote:
Quote:

Bike_Lane wrote:
Quote:

hero69 wrote:
i understand the need to fix the pipe, but really a complete shutdown. what about reduced service? closure at night and/or just one track open.

They need to rip up the tracks, remove the overhead wires, and bring in equipment to dig down to the pipe. You can't run "reduced service" when the infrastructure itself is gone.

Some people just refuse to understand the constraints and limitations of certain situations.

neverleft wrote:
.
Nine-month suspension coming to three light rail stops in Jersey City

Updated 3:05 PM; Posted 2:55 PM
By Terrence T. McDonald | The Jersey Journal

JERSEY CITY — Light rail passengers in parts of Jersey City should prepare themselves for a major disruption starting this spring, with NJ Transit planning to shut down service for nearly a year along a route that includes three stations.

The suspension is scheduled to coincide with sewer work performed by the Jersey City Municipal Utilities Authority and will last from June 1 to March 1, 2020. The affected stations are at West Side Avenue, Martin Luther King Drive and Garfield Avenue.

https://www.nj.com/hudson/2019/02/nine ... stops-in-jersey-city.html

JCBORN wrote:
I believe they were able to get approval for the additional floor because it will be set back and will not be seen from street level.
I don't have an issue with that. I also like that they were approved for 15 parking spots.

K-Lo2 wrote:
How did it get through? The same way this will get through. Variances.

https://jerseydigs.com/village-neighbo ... swick-street-jersey-city/

JCGuys wrote:
Quote:

hero69 wrote:
what's the deal with 359 5th street? i passed that monstrosity the other day. it takes up 100% of the lot and towers over neighboring houses. how was that every approved?

That section of 5th street isn't exactly Jersey City's proudest block (from a design/aesthetics point of view). That new mega house doesn't help though.

JCGuys wrote:
Quote:

hero69 wrote:
Quote:

brewster wrote:
Quote:

Sandra Cunningham wrote:
According to the new school funding formula, Jersey City is dramatically overfunded, but when you look around at our public schools that doesn’t seem to be the case. Our students are being provided with a high quality education

Untrue. Our unionized employees are being better paid than 98% of their NJ peers, but our students are being shortchanged. The district is now being run by and for it's employees. I dare anyone to try and read the "user friendly budget" and figure out where the money goes. I found terms used there that Google couldn't even define!

it is so easy/convenient to blame teachers for poor jc public school system, and i don't doubt that there are many lousy teachers out there, but i don't think people focus enough attention on lousy parents who raise lousy students/children.

It's a cycle of poverty. Lousy children become lousy parents and raise lousy children. The only thing to break the cycle is good education and economic opportunities. I'm all for gentrification if it helps break the cycle. Unfortunately this leads to the displacement of a lot of people, but just having a concentrating poverty in a particular neighborhood or building will never bring about positive change.

Bring in more charters in areas of failing schools and starve out the old ineffective and racist ways.

brewster wrote:
Quote:

Sandra Cunningham wrote:
According to the new school funding formula, Jersey City is dramatically overfunded, but when you look around at our public schools that doesn’t seem to be the case. Our students are being provided with a high quality education

Untrue. Our unionized employees are being better paid than 98% of their NJ peers, but our students are being shortchanged. The district is now being run by and for it's employees. I dare anyone to try and read the "user friendly budget" and figure out where the money goes. I found terms used there that Google couldn't even define!

JSleeze wrote:
Quote:

stateaidguy wrote:

This conversation is about if a decline of the # of millionaires in NJ will have a fiscal impact on the State, so it is relevant that the top 1% of earners pay 43% of NJ's income taxes because a small drop in the high-earner population will have a disproportionate fiscal effect.

This is a back of the envelope estimate, but if the number of filers in NJ with $1 million or more in income fell by only 1,000 , it would be a loss of at least $100 million in income taxes, since those $1 million income people would pay (at least) an average $100,000 in income taxes each.

$100,000 x 1,000 = $100 million

We aren't talking about the "fairness" by progressive definition of the NJ tax code, where paying 43% of income taxes might be construed as "unfair" if the top 1% possesses more than 43% of the state's income.

However, the top 1% in NJ doesn't earn 43% of the money. I don't have the number, but it's a little less than that.

This conversation is about people with assets in excess of $1 million. You're confusing net worth with income. People with $1 million in assets (e.g. someone who owns a 2br condo in 77 Hudson or Crystal Pointe) typically makes far less than $1 million per year.