danielpalos
Diamond Member
- Jan 24, 2015
- 73,961
- 5,055
Not due to the minimum wage, just lousy management. They seem have some solutions and merely need to implement them. A vacancy tax is on the table.Wait...so with Covid raging and the internet killing brick and mortar...you blame retail vacancies on the minimum wage?Vacant office space in MANHATTEN has ZERO to do with minimum wage...and oh yea...the MW in Jersey is much lower than NYC dopeNYC and New Jersey were in a retail vacancy crisis BEFORE covid-19 and lockdowns.
25% vacancy rate on retail space..... in New York City.
RETAIL SPACE. Not office space, unless you think offices are typically found at ground level in glass store front buildings. RETAIL SPACE.
And of course it does. We already have examples of stores closing because they are not profitable. One reason they are not profitable, is because they can't afford to hire staff, because the minimum wage is $15/hour.
Are you seriously suggesting you would keep a store open, with no staff? Or are you saying you would not go bankrupt, if you can't afford to pay them a minimum wage that is above how much profits you make?
Are you suggesting that if a significant portion of stores closed, because they couldn't afford to hire people, that this wouldn't result in empty store fronts?
Vacancy Crisis: Empty Storefronts Blanket Upper East Side
Patch conducted a survey of vacant storefronts along a major Upper East Side avenue. Politicians are scrambling to figure out a solution.patch.com
Vacancy Crisis: Empty Storefronts Blanket Upper East Side
What part of that basic English headline, are you having trouble with? Before calling someone else a dupe, make sure you don't look like one in the process.
You are clearly stupid or dishonest...or both
Are you stupid? Are you illiterate? Can't even understand spoken English?
Pres. Biden wants $15/hr min wage; Thanks but NOW its not enough
This is the original post where I made the claim. In that post, I linked to a youtube video.
View attachment 418761
Is that too hard for you? August...... of 2019.... Long before Covid.
And anyone who even put in half of a minute to look it up.....
What's the Matter With Manhattan?
New York’s empty storefronts are a dark omen for the future of cities.www.theatlantic.com
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If you wish to keep making yourself look dumber with every post, be my guest. But just a simple warning, if you are going to dish out petty insults, I can, and will, dish them right back to you.
The retail fall out from increasing the minimum wage, has been going on for some years, since 2016 when the minimum wage law, that increase the minimum wage every single year until 2020, was enacted.
There have been numerous articles about the increasing vacancy rate around retail areas of NYC for years.
If you knew ANYTHING... about this topic, you would know that.
And by the way, I am not claiming that the Minimum wage ALONE has caused this. There are other factors.... like regulations.... like taxes... like property controls.... The bad left-wing policy of the minimum wage, is one of many bad left-wing policies wrecking the NYC economy.
And no doubt, Covid-lock-down rules, have not helped.
But then..... who is in favor of all the lock-down economy-shattering controls supposedly for covid? Dumbocrats. You guys! So even with covid... the blame is still entirely on your ideology for everything. YOU are to blame for EVERYTHING. You can't shift this blame for anything that has happened on anyone, but yourselves.... at least not if you are honest, and we know you are not.
Nevertheless, only the dumbest of stupid women, who have not a single original thought in their head, would mindlessly conclude that reports of mass retail vacancy in NYC in 2018 and 2019, was do to covid in 2020.
And those same stupid women, when confronted with those facts, would without looking it up themselves, blather on about how others were dishonest, when they themselves proved to be 100% ignorant of everything.
Are done here 'miz'? Or would you care to continue tripping over yourself? Be my guest.