Real Estate
Cry Wolf Quotes
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.
[The New York Herald noted that the owners claimed the order amounted to] a confiscation of property…
Not only is this against the principal of home rule, but such legislation transfers the enforcement of the law to an unknown and untried body of men and takes it out of the hands of the Fire Department….one of the most efficient departments of the City of New York.
Many owners will be so financially embarrassed by the great expenditure made necessary thereby that great numbers of buildings would be forced into foreclosure or otherwise sacrificed.