Categories

U.S. Economy

Tools

  • Economy & Politics
  • Investing
  • Personal Finance
  • Related Posts


    Ebola Comes To America
    Banks Aren’t Too Big To Fail Unless They Fail
    Jobs Numbers Mean Nothing In A Part-Time Age
    The Most Important Details From Yet Another Solid US Jobs Report
    U.S. Auto Sales Party Seen Increasingly Dependent On Easy Money
    Risk Off As Employment Costs Surge: This Is Where Wages Supposedly Rose The Most
    Thank You Obamacare – California Health Insurance Costs Spike Up To 88% In 2014
    Wireless Cramming: Consumers Took Big Hits, Report Says
    Report Criticizes EPA Oversight Of Injection Wells
    The Most Important Charts To See Before The Huge July Jobs Report
    Tobacco Tax Law Cost U.S. Billions In Revenue
    Median Wealth Of U.S. Households Plummeted By One-Third In The Past Decade
    U.S. Economy Grows At 4% Pace In 2Q
    Economy Seen Regaining Muscle In Second Quarter
    Photos Emerge Of 10 ‘Active Militia Teams’ Securing The U.S.-Mexico Border


    Introducing Ghost Skyscrapers… In New York City

    Late last month, New York Magazine published a lengthy and very important article titled: Stash Pad – Why New York Real Estate is the New Swiss Bank Account. The entire article is well worth a read, and left me shaking my head in disbelief the entire time. As someone who grew up in New York City, it’s a real shame to see the continued transformation of Manhattan into nothing more than an oligarch playground, or as I sometimes like to call it, “Disneyland for Wall Street.”

    One of the most shocking and disturbing revelations from that article was the fact that:

    “The Census Bureau estimates that 30 percent of all apartments in the quadrant from 49th to 70th Streets between Fifth and Park are vacant at least ten months a year.”

    One of the highlighted building in the New York Magazine article is the 1,000 foot ultra-luxury development known as One 57. We learn more about this beast from My FOXNY:

    Click to read the full story

    Discuss this Story:

    Comment Policy: We encourage open discussion. Comments including racist statements, profanity, name calling or spam will be removed at our discretion. We use filters for spam protection. If your comment does not appear it is likely because it violates the policy.

    Russia And Germany Alledgedly Working On Secret “Gas For Land” Deal
    On Gold, Inflation, And The Global Monetary Delusion
    “Scorched Earth”: How Israel Converted 40% Of Gaza Into A Wasteland Of Rubble
    The West’s Reckless Rush Towards War With Russia
    Portugal Should Let Espirito Santo Fail
    The Communist Roots Of China’s Capitalist Corruption
    Modi Starts A New History War In India
    The Republican Immigration Crisis
    Boehner Has Time To Salvage A Ridiculous Farce Descended To Stupidity
    John McCain On The Decline & Fall Of The United States Senate
    House GOP Pull Their Immigration Bill
    Incompetent ATF Accepts Incompetence As The Norm
    Americans No Longer Believe We’re Winning The War On Terror
    Lobbyists Bidding To Block Government Regs Set Sights On Secretive White House Office
    Crimea Just Switched Over To The Russian Internet
    Rand Paul Offers Legislation To Keep Government From Stealing Innocent Citizens’ Property
    White House Threatens To Veto House Border Bill
    This Immigration Deal Is Inexcusable
    Your Periodic Reminder That The FCC Is Out Of Control
    Venezuela Demonstrates The Nadir Of American Power
    End DACA Or Go Home
    Our Totalitarian Future – Part 2
    Profile Of A Sanctioned Russian Billionaire: Putin’s Judo Coach
    Lois Lerner Dislikes Conservative ‘A**holes’ More Than Foreign Terrorists
    Ted Cruz Rallies House Conservatives To End ‘Obama’s Amnesty’
    Facing Immigration Revolt, Republicans Plan Vote To Ban ‘Administrative Amnesty’ (Updated)
    VA Health Care Overhaul Passes House
    The End Of China’s Hated Hukou System Is Less Ground-breaking Than It Seems
    India’s Parliament Is Hiring Men In Costumes To Scare Away Monkeys
    Polish People Are Using Apple-eating Selfies To Give Putin The Finger
    Read more from Economy & Politics...

    Liberty Investor Digest

    Get today's most important
    financial headlines all in
    one place by email!



    Sources


    close[X]

    Sign Up For Liberty Investor Digest™!

    Get Liberty Investor Digest FREE By Email!

    Input your name and email address in the fields below and get today's most important financial headlines sent straight to you inbox!

    Privacy PolicyYou can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.