Real Estate
Cry Wolf Quotes
You can no longer distinguish the real estate owner by the smile of prosperity, because his property is now a burden and a liability instead of a comfort and a source of income. To own a factory building in New York City is now a calamity.
We are of the opinion that if the present recommendations are insisted upon…factories will be driven from the city, labor will be compelled to accompany them, factories, tenements, and small houses will become tenantless with the final result of demoralization in tax collections by the city. What is wanted is evolution and not revolution.
This condition is depreciating the value of real estate, restricting its marketability, and driving manufacturers out of the City and State of New York.
If you eliminate further bakeshops in the cellar…the poor man is going to suffer, and we are crying now for the high cost of living. If you will wipe out the cellar bakeries, the poor man will get a smaller loaf of bread.
