Off-Topic: NYC is short sighted
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Name:
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MartiniMan
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Subject:
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NYC is short sighted
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Date:
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2/20/2024 7:36:25 AM
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Just saw an interview with a big investor in data centers and he said NY would be an ideal place to build due to the power needs of data centers and electricity generated by Niagra Falls but he said because of this judgement he is going to Oklahoma and other states. He said every single developer puts forward the highest possible valuation of their holdings, banks do their due diligence, and are very good at it, and make their own decision about how much to loan. He said NY is already a mess due to high taxes and regulations but this was the last straw for him.
If this doesn't get bounced on appeal it will be a travesty and every developer that has ever borrowed money in NY should likewise be investigated and if they overstated their holdings, which they all did, they must be charged and fined. Otherwise, that proves with 100% certainty that this was a hoax case aimed solely to harm Trump and interfere in the election by a Soros-bought DA and an insane judge. But we already knew all that, amiright? And we all know it will never happen and so do the developers admitting they overstate property values. SMH
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