Latest / Sid & Friends In The Morning / Suzanne Miller | 05-25-26

Transcript

Suzanne Miller | 05-25-26 · Sid & Friends In The Morning

• 0:00
  Speaker 1: Say Yester summer with Tooey and secure your holiday today
• 0:04
  Speaker 1: with deals for families and adults flying from your local airport.
• 0:07
  Speaker 1: Holiday Sorted two Jesus supply Sid.
• 0:12
  Speaker 2: And Friends in the morning Entertaining and informative on the
• 0:16
  Speaker 2: Red Apple Podcast Network.
• 0:20
  Speaker 3: All right, tell us what the heck is going on in.
• 0:26
  Speaker 4: One moment? I know.
• 0:29
  Speaker 3: What happened San Miller on, Yes, she's on, All right.
• 0:34
  Speaker 3: I mean I think that song. They played that song
• 0:36
  Speaker 3: for you. But tell us, tell us, uh, what's going
• 0:40
  Speaker 3: on in real estate in the You know, Bruce Moser
• 0:43
  Speaker 3: told us about the commercial markets, you tell us about
• 0:45
  Speaker 3: the residential markets.
• 0:47
  Speaker 4: Well, what I really want to talk about, John, is
• 0:49
  Speaker 4: all these new proposals that suggest that outside capital is
• 0:54
  Speaker 4: not welcome in New York. I have to tell you, John,
• 0:58
  Speaker 4: I don't think the cash one is going to pass.
• 1:00
  Speaker 4: The piano tear one will. But if you're a foreigner,
• 1:03
  Speaker 4: and last year eighteen thousand apartments were purchased, transactions closed
• 1:08
  Speaker 4: up sixty percent, we're all cash. So now we're talking
• 1:11
  Speaker 4: about we don't want cash buyers in New York. We
• 1:13
  Speaker 4: don't want foreigners in New York. You can't even get
• 1:16
  Speaker 4: a mortgage if you're a foreigner. The most you you
• 1:19
  Speaker 4: can get fifty percent. So this is a direct attack
• 1:22
  Speaker 4: on people that want to be in New York, that
• 1:24
  Speaker 4: want to invest in our great city, and we're saying
• 1:27
  Speaker 4: you're not welcome. I think this is going to be
• 1:30
  Speaker 4: extremely harmful. I think that people are going to sell
• 1:33
  Speaker 4: I'm already getting phone calls. My entire business is purchased
• 1:37
  Speaker 4: by investors that want to be and love this city.
• 1:40
  Speaker 4: Why are we telling them that we're going to charge
• 1:42
  Speaker 4: you to be here? No, I kind of understand the
• 1:45
  Speaker 4: transaction of the recording to when you buy an apartment
• 1:48
  Speaker 4: in New York and you do get a mortgage, you
• 1:50
  Speaker 4: have to pay about two percent for a mortgage recording tax.
• 1:54
  Speaker 4: Now he's trying to say that, Okay, we understand we're
• 1:57
  Speaker 4: losing that money, so we'll put a penalty of one percent.
• 2:01
  Speaker 4: Maybe I could see that, but it's going to discourage
• 2:05
  Speaker 4: anybody that wants to be in New York because the
• 2:07
  Speaker 4: pieda tear tax, and John, you and I have talked
• 2:09
  Speaker 4: about this in length, is going to and that's an
• 2:12
  Speaker 4: annual tax that's going to completely discourage foreigners from coming here.
• 2:17
  Speaker 4: I'm getting phone calls already about it. I think that
• 2:19
  Speaker 4: it's like a fire on a bridge. It's small. Right now.
• 2:23
  Speaker 4: The market is still doing very well because we have
• 2:26
  Speaker 4: a vacancy issue. There's not a lot of apartments right now.
• 2:29
  Speaker 4: You can see a lot of cranes. There's not a
• 2:30
  Speaker 4: lot of new construction on the residential side. So we
• 2:34
  Speaker 4: do see that the rents are very high and the
• 2:36
  Speaker 4: sales prices have still been stable. But I think this
• 2:40
  Speaker 4: is going to be very bad to the business. And
• 2:42
  Speaker 4: I don't I think this is a nail on the
• 2:44
  Speaker 4: coffin and it concerns me very much.
• 2:48
  Speaker 3: Well, it's gonna hurt And let me tell you something.
• 2:54
  Speaker 3: I think that November election. You know, I tried to
• 2:57
  Speaker 3: be fair and square to everybody, but that November election,
• 3:02
  Speaker 3: if it hurts business, I mean that congestion tax says
• 3:07
  Speaker 3: is in. If I drive up and down Third Avenue,
• 3:10
  Speaker 3: Second Avenue, First Avenue, Madison Avenue, you got empty stares.
• 3:19
  Speaker 4: John. The biggest thing I don't think people were like
• 3:21
  Speaker 4: how much New York has been the home and the
• 3:25
  Speaker 4: love of people from Italy, from China, from Israel, from
• 3:29
  Speaker 4: all this. They loved New York. It was their dream
• 3:32
  Speaker 4: to buy apartment in New York. We'll then have a
• 3:34
  Speaker 4: place in New York, a place in London, a place
• 3:36
  Speaker 4: in Paris. Now they don't want to be in New York.
• 3:39
  Speaker 4: This is going to come crashing down. It seems to
• 3:42
  Speaker 4: me it's almost intentional. We need to stop this. We
• 3:45
  Speaker 4: need to stop between the anti Semitism and the attack
• 3:48
  Speaker 4: on the landlords or people, the investors. I want to say,
• 3:52
  Speaker 4: not landlords, investors. Why do we want to discurge them.
• 3:55
  Speaker 4: We want to welcome them. We want to say, come here,
• 3:57
  Speaker 4: spend money. We want your sales tax. We want you
• 4:00
  Speaker 4: to spend money on ubers, on restaurants. We need these
• 4:04
  Speaker 4: people for every job, for every I think the numbers
• 4:07
  Speaker 4: are for every one hundred and fifty thousand dollars of
• 4:09
  Speaker 4: the salary, we lose seven jobs. That's the mass. You
• 4:13
  Speaker 4: lose the restaurants and lose the hair salons. We don't
• 4:15
  Speaker 4: want to lose these people. We want to welcome them. So, John,
• 4:18
  Speaker 4: we need to stop us.
• 4:22
  Speaker 3: I agree with you. I agree with you very much.
• 4:25
  Speaker 3: So and it's uh. You know, we love New York.
• 4:30
  Speaker 3: We want New York to make it and God blessed
• 4:34
  Speaker 3: the New York. I mean and Suzanne, thank you for
• 4:38
  Speaker 3: coming on this morning. I want to take a few
• 4:40
  Speaker 3: minutes to thank Dominic Carter, thank you for being here today,
• 4:44
  Speaker 3: absolutely and Jay, Jake Novak, thank you. And Kevin thank you,
• 4:51
  Speaker 3: seven Joe and Justin Justin, Justin. I don't know what's
• 4:55
  Speaker 3: the matter with you. I had to do all the
• 4:56
  Speaker 3: producing for all the people this morning. Maybe, but you
• 5:01
  Speaker 3: did you wake up later? You didn't feel up to
• 5:04
  Speaker 3: it or what? David, thank you for being here. Thank
• 5:08
  Speaker 3: you so much. Hey, guys, so so you thank you then.
• 5:12
  Speaker 5: So it looks like the rain is stopping now after
• 5:16
  Speaker 5: we've lost the whole week.
• 5:17
  Speaker 3: There's no sunshine though. The rain is stopping, but there
• 5:20
  Speaker 3: is no sunshine. And I look up and down Third Avenue.
• 5:24
  Speaker 3: You know what you see? I see one taxi maybe
• 5:26
  Speaker 3: coming down that right now?
• 5:27
  Speaker 6: Wow? Just one?
• 5:29
  Speaker 3: What do you see?
• 5:30
  Speaker 4: Well?
• 5:30
  Speaker 3: Two? That's the second one. There's a second time?
• 5:32
  Speaker 6: Wow? Wow.
• 5:34
  Speaker 3: So things are slow, and I guess the highways are slow.
• 5:39
  Speaker 7: But it's gonna get heavy about two pm.
• 5:42
  Speaker 6: Yeah, I want to be.
• 5:45
  Speaker 3: I think a lot of people came home early because
• 5:47
  Speaker 3: there was nothing to stick around for.
• 5:49
  Speaker 7: Maybe, but I certainly you can get I said Rosenberg,
• 5:55
  Speaker 7: went to the Rockaway Beach. Well, I hope not because
• 5:59
  Speaker 7: Rockaway Beach was closed, but there were some beaches closed
• 6:01
  Speaker 7: on Long Island this week. There was some sewage that
• 6:05
  Speaker 7: leaked into the Long Beach. Boy, I gotta say, I
• 6:10
  Speaker 7: live very short distance, eight minutes to the parking lots
• 6:13
  Speaker 7: of Jones Beach, Long Beach, a ton of other beaches wow,
• 6:17
  Speaker 7: and I'm looking forward to that, but not in this weather.
• 6:19
  Speaker 3: Guys.
• 6:19
  Speaker 7: There's two things I don't like to do when it's
• 6:21
  Speaker 7: even remotely cold, baseball games in the beach. There's nothing
• 6:24
  Speaker 7: worse than sitting through. My heart goes out to those
• 6:27
  Speaker 7: Yankee fans who went to that game yesterday. I know
• 6:29
  Speaker 7: that they got to see Aaron Judge win it with
• 6:31
  Speaker 7: the late home run, but sitting through a cold baseball game.
• 6:33
  Speaker 6: Is the worst, absolute worst. It can be football, but
• 6:38
  Speaker 6: not baseball. It is it is.
• 6:40
  Speaker 5: But I'm just glad that it's daylight and that it
• 6:43
  Speaker 5: stopped raining, and that we're going out to great music
• 6:47
  Speaker 5: and sit wherever you are enjoy your day off.
• 6:49
  Speaker 6: We'll see you back soon.
• 6:50
  Speaker 7: And we were the only real live radio talk show
• 6:54
  Speaker 7: with Hues. Everyone else was on tape.
• 6:57
  Speaker 6: The city. You know, listen.
• 6:58
  Speaker 7: If the boss isn't sleeping, then we can't sleep.
• 7:00
  Speaker 6: That's exactly the point.
• 7:02
  Speaker 3: Well, I want to thank our audience for listening to
• 7:04
  Speaker 3: us today. We had record listeners and fantastic. Oh, thank
• 7:08
  Speaker 3: you so much. And I'll be back up. By the way,
• 7:11
  Speaker 3: I'll be back at five o'clock. And Dominic, are you
• 7:13
  Speaker 3: on at three o'clock?
• 7:14
  Speaker 6: I'm back on at three and back at midnight.
• 7:16
  Speaker 3: Well, well that's wonderful.
• 7:18
  Speaker 6: I learned the hart work from you and your wife.
• 7:21
  Speaker 3: And I guess we've got to sign off.
• 7:23
  Speaker 7: A meaningful Memorial Day. By the way, that reeflaying ceremony
• 7:27
  Speaker 7: with the President is at noon, yes, but at ten
• 7:29
  Speaker 7: and just twenty seconds at ten am at Arlington, that's
• 7:32
  Speaker 7: when the band starts playing, and really the whole program begins.
• 7:35
  Speaker 6: And it's nice to weather down there today. A good
• 7:37
  Speaker 6: day to honor our following.
• 7:39
  Speaker 3: Thank you, would like Memorial Day, remember our lost ones
• 7:43
  Speaker 3: and God bless America and let's make sure New York City,
• 7:47
  Speaker 3: New York State comes back.
• 7:51
  Speaker 2: Thanks for listening to Sit and Friends in the Morning.
• 7:54
  Speaker 4: You can hear Sit.
• 7:55
  Speaker 2: And Friends in the Morning weekday mornings at six. If
• 7:58
  Speaker 2: you like the podcast, share it with your friends and
• 8:01
  Speaker 2: listen anytime at WABC radio dot com and download the
• 8:05
  Speaker 2: WABC Radio app. Hit that subscribe button on all major
• 8:09
  Speaker 2: podcast platforms. Plus follow WABC on social on Instagram, TikTok, Facebook,
• 8:15
  Speaker 2: and X see you next time for a new episode,
• 8:18
  Speaker 2: so you never have to wonder
• 8:20
  Speaker 3: What the heck is going on here