Recent comments in /f/jerseycity

ffejie t1_jcqgezc wrote

The write off is good, but it's always better to have income than no income. The issue for some of these landlords is that they control many hundreds of units sometimes, and lowering one sets the "market rate" and might end up lowering them all at next renewal.

For instance, imagine a $10K/mo spot that's vacant. But you could rent it at $8K/mo easily. You're giving up $8K x 12 every year, $96K! But if you have 5 other units renting at $10K on the same block and at renewal they'll pay market rate, you could lose $2K per month per renewal which would eat up your increased revenue. This is happening all over Manhattan especially where there's only a few landlords for a lot of the commercial space.

Meanwhile, you can write off the $120K loss with no tenant (possibly, depends on a variety of things) which might save you $40K-$60K on your taxes.

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robocub t1_jcqesjg wrote

I'm so sick of the fake outrage by these people with their it's always about the children fk'n fake bullshit. They're gonna pull the same bullshit even if cannabis lounge is nowhere near a park, school, or daycare. Frankly I'd like to see less goddam baby carriages all over the streets and blocking walkways and entryways to establishments, buildings, and stores. Now thats a nuisance!

6

gigiwasabi_jc t1_jcq8mz1 wrote

It’s legal, zoning regulations exist. But these people get to subvert both of those things with their ignorant, entitled temper tantrum. (I’m not at all surprised, just pissed.)

Best part is, they’re all just making a temporary pit stop in JC to flip real estate and play at being cool parents (eyeroll) til their kids are school aged.

They shut down a small business (that sounds equity-minded) permanently, while in a couple of years they’ll fuck right back off to the suburbs they came from. (And brought their shitty self-centered attitudes from.)

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malcior09 t1_jcq6puk wrote

Reply to Plant Life by Shicca

PLNTD is hands down the best plant shop around. Best variety, most helpful staff, and they will order in plants for you if they don’t have what you want in stock. I’ve have multiple plants from there and they repot your plants into pots for you at no charge which saves the mess at home. Plus they’re locally owned!

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