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Get And Sign CR Q 14 Commercial Rent Tax 2nd Quarter Return NYC gov Nyc 2014-2021 Form

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why this tax basically you have an extremely productive geographic area of the economy the reason to have why why the tax is he is what we have and why it's appropriate is that that area is so productive that it can basically afford it the standard response which I think is incorrect is to say well why are rents so expensive oh it must be this tax that's the wrong way to look at it the cost is so high because rents have risen so much why have rents risen so much because they can because New York has been a robust area a landlord has a calculation to make do I eat two or three months or six months or two years of vacancy in the hope that I can land a CVS Pharmacy that will pay my asking rent or do I lower my rent request okay and what landlords are doing now is on by and largest making the bet that is better to eat a period of vacancy for the high rents they'll get in the future if I can get the city to help relieve the burden then that becomes a better bet for me and it means that the

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