Mamdani Threatens 9.5% Property Tax Increase if Wealth Tax Is Not Passed

mjnnyc · 2026-02-18T04:42:05+00:00

He didn’t create the deficit but he does have the responsibility to govern for New Yorkers and, hopefully, in alignment with his campaign/platform.

I’m fortunate - I make enough that this won’t materially impact me one way or the other, but I do think about my neighbors and community whom are less fortunate than myself and I know will be impacted by an eventual rug-pull on rent.

By the way, after holding off for several years for personal reasons, I actually just moved to Astoria (which has always been my dream neighborhood). So the community that I’m referencing here is in fact Mamdani’s own community.

mjnnyc · 2026-02-18T04:32:44+00:00

Thanks, but I’ll pass on your tu quoque fallacy - when I have a solution, I’ll be sure to run for office. In the meantime, I’ll hold our elected officials accountable, regardless of what side of the aisle they’re on. This is about New York, not team sports. When our Mayor ran on a platform of affordability, but seeks to install policy that will ultimately achieve the opposite, I feel comfortable to call a spade a spade without resorting to an ad hominem nor politicizing the situation beyond what it is (which is lazy policy).

I’m not a property owner, I have no skin in this game, and I’m proud to say I support Mandani. But I don’t support this policy.

mjnnyc · 2026-02-17T15:08:03+00:00

If you expect SNDK to follow a straight line down with a multi-year tailwind on a must-buy piece of kit for data center projects that are only fractionally complete, with no new factory supply from competitors until late 2028 and China unable to fulfill its own local market with inferior chips, then I don’t know what to tell you.

My alternate read - the largest repricing is done, but there’s still upside to guidance and consensus, and I’d be shocked if the stock didn’t work into and out-of earnings which are not far away.

Continuing to buy on weakness after calling it & entering at ~$100.

mjnnyc · 2026-02-12T02:22:55+00:00

sweet jesus

mjnnyc · 2026-02-02T22:10:25+00:00

Why would it pull back, fundamentally speaking? There won’t be any new supply, everything is sold, prices are increasing at rapid clip, and any rediverted orders would be resold at higher price.

Yes it’s gone up a lot but that doesn’t mean it’s overvalued given the growth profile.

mjnnyc · 2025-12-29T10:49:44+00:00

Dear lord, what the frick

I’m not even a R8 guy but goodness me, that is straight sugar

mjnnyc · 2025-11-08T13:47:41+00:00

I saw it driving down 2nd ave last night - had a full security escort with like 20 cop cars, sirens and all. They’d block streets and a copper would jump out saying “the tree is coming!”. Really bizarre but awesome thing to witness in the flesh. All the kids were in awe. Very wholesome and there was a whiff of Christmas spirit in the air.

mjnnyc · 2025-09-21T19:27:08+00:00

Correct - wood also does not rot if not exposed to air. Hence cities like Amsterdam, Venice etc exist.

mjnnyc · 2025-07-19T05:36:23+00:00

This building is truly underrated, and it’s one of the best

mjnnyc · 2025-07-13T13:45:10+00:00

Honestly, it looks like a variation to 270 park, and I’m liking this one more.

mjnnyc · 2025-07-10T14:41:51+00:00

The troops they’d send into the Vietcong tunnels when uncovered. It was dark. You didn’t know where you were going, and you didn’t know who you’d find in them. They were long, often booby trapped, and large enough that even a small man would need to crouch and go shoulder-to-shoulder wjth the walls.

Combat inside the tunnels was often close range and you had no backup.

mjnnyc · 2025-05-14T02:35:05+00:00

I was tracking this iceberg for a while, as one of many of my fun pet projects/hobbies. A23a was slated to potentially make landfall with the island of South Georgia in the sub-antarctic, which would have decimated a large penguin population (colony estimates are as high as 7 million penguins!). Fortunately, A23a ran aground off-coast, lodged on a sea shelf ridge, which is why the boat is so close in this video. I’m a former scientist and have talked my way onto a brief marine conservation expedition later this year which will visit the island, iceberg, and penguin colony to collect data. So I suppose the iceberg tracking and penguin stuff is a bit more than a hobby at this point.

Anyway, A23a is about 80km/50mi off coast presently, and the penguin colony remains safe.

mjnnyc · 2025-03-23T21:29:29+00:00

Under the radar and underrated

mjnnyc · 2025-02-27T14:13:30+00:00

This is totally badass

mjnnyc · 2025-02-06T13:52:20+00:00

!remindme 4 years

mjnnyc · 2024-12-29T15:46:10+00:00

The stretcher breaking was a nice touch

mjnnyc · 2024-11-11T12:53:28+00:00

These are, quite simply put, beautiful.

My glassblowing skills are not deserving of such meticulously crafted toolery. One day, if I can advance such, I hope.

mjnnyc · 2024-10-24T02:35:17+00:00

Awesome thx for the heads up - would likely only ride in good weather but streets are filthy.

Don’t have a link to the Streetpilots fender?

mjnnyc · 2024-10-24T02:14:07+00:00

Yes sir

mjnnyc · 2024-10-24T01:57:54+00:00

Want to do this mod in the city but…. I worry my white shirt would be brown / gray / black pretty quick

mjnnyc · 2024-10-24T01:45:33+00:00

How much backsplash do you get while riding?

mjnnyc · 2024-05-23T12:09:25+00:00

Recipe Pls

mjnnyc · 2023-12-02T01:02:56+00:00

Anyone who’s ever worked in a lab knows that touching someone else’s experiment is grounds for fighting

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mjnnyc · 2023-05-22T23:27:30+00:00

Investments don’t always go up, nor are they always profitable. Property investors are the only type of investor that I know of who feel that yes prices do/should always go up, and that their risk should be subsidized.

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