Submitted by psychothumbs t3_11dbqqj in nyc
ZweitenMal t1_ja8ddly wrote
Reply to comment by GVas22 in Midtown Owners Hedge on Costly Office-to-Home Conversions by psychothumbs
That's pretty rich considering the real estate lobby is able to buy decisions that favor them all the time. The problem is these conversions will cost money and hurt their profits in the short term and they don't like that. They'd rather sit with easy excuses and write the temporarily money-losing properties off against their profitable ones.
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