Members of the well-connected Real Estate Board of New York praised Bill de Blasio this afternoon after the mayor attended a closed-door meeting with the group.
While many in the business community had been nervous about the left-leaning mayor and his plans to up taxes on the rich and force developers to build more affordable housing, members of the group’s board left today’s sit-down offering nothing but praise.
The Neverending Story
Earlier today, President Barack Obama took the oath of office in front of a crowd of hundreds of thousands of individuals and the full attention of the country’s media. And, while touting the importance of the American democracy, Mr. Obama also used the occasion to promote some of his policy goals for next four years.
“We will respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations,” Mr. Obama said, for example, according to his prepared remarks. “Some may still deny the overwhelming judgment of science, but none can avoid the devastating impact of raging fires, and crippling drought, and more powerful storms. The path towards sustainable energy sources will be long and sometimes difficult. But America cannot resist this transition; we must lead it. We cannot cede to other nations the technology that will power new jobs and new industries – we must claim its promise. That is how we will maintain our economic vitality and our national treasure – our forests and waterways; our croplands and snowcapped peaks. That is how we will preserve our planet, commanded to our care by God.”
Obviously all we think about, all we care about, here at the real estate desk is, well, real estate. Which is why one line in particular jumped out during the president’s speech at the Democratic National Convention last night.