AnacharsisIV t1_iz5wjkd wrote
Reply to comment by skeeh319 in NYC comptroller says Adams has ‘exacerbated’ widespread city worker vacancies by mowotlarx
Unfortunately a big chunk of the city's taxes come from either taxes on commercial real estate or from businesses that basically exist solely to serve 9-5 office workers.
Short of singlehandedly changing the economy of the city in a 4 year term, I don't know what you expect from Adams. I work from home and would love to continue doing so in perpetuity but the house of cards that is our city has been built with the assumption that people will be in offices.
Evening_Presence_927 t1_iz6sqwr wrote
At least start the process of weaning us off of that revenue stream. Vacancy taxes and higher taxes on the rich would help.
skeeh319 t1_iz7s1d6 wrote
47% of NYC revenue comes from property tax. As someone else said vacancy tax is a big one. And letting the free market do it’s work, the city needs to evolve with us. If people work from home more and eat at home we have to built communities and businesses around that. And make midtown residential, create parks. But Eric Adams is not a long term planner, he is more focused on slashing jobs, investing 5.5 million into a hip hop museum, partying with his friends, and campaigning for his 2025 race. What I want is for him to make concrete plans for how we will bring the city with us forward, instead of just strictly holding us in the past of pre pandemic times without any debate or negotiation.
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