TY Baker!
New York Landlords in a Financial Bind From New Rent Law - WSJ
CST
https://twitter.com/maggieNYT/status/1142835842265886721
inner sauce:
New York Landlords in a Financial Bind From New Rent Law
Curb on market-rate conversions pressures the value of rent-stabilized apartment
By Will Parker and Konrad Putzier
June 22, 2019 7:00 am ET
Property investors have spent billions of dollars on apartment buildings for what has been one of the most reliably profitable bets in New York City real estate: converting rent-regulated apartments to market-rate units.
https://www.wsj.com/articles/new-york-landlords-in-a-financial-bind-from-new-rent-law-11561201200?redirect=amp#click=https://t.co/LwThdQ92jN
President Trump
DONALD JOHN TRUMP
tweeted Sunday that the deal in Congress he delayed a series of planned immigration raids to wait for “probably won’t happen.”
“I want to give the Democrats every last chance to quickly negotiate simple changes to Asylum and Loopholes. This will fix the Southern Border, together with the help that Mexico is now giving us. Probably won’t happen, but worth a try. Two weeks and big Deportation begins!” Trump tweeted Sunday.
Trump: Border deal with Democrats 'probably won't happen'
© Getty Images
President Trump tweeted Sunday that the deal in Congress he delayed a series of planned immigration raids to wait for “probably won’t happen.”
“I want to give the Democrats every last chance to quickly negotiate simple changes to Asylum and Loopholes. This will fix the Southern Border, together with the help that Mexico is now giving us. Probably won’t happen, but worth a try. Two weeks and big Deportation begins!” Trump tweeted Sunday.
The Trump administration had threatened a serious of Immigration and Customs Enforcement (ICE) raids targeting several major cities Sunday that would have resulted in the deportation of as many as 2,000 families, but on Saturday Trump announced the raids would be postponed for two weeks to allow congressional Democrats to negotiate.
Democrats have argued the administration is not arguing in good faith on the issue, with House Armed Services Committee Chair Adam Smith (D-Wash.) telling CBS’ “Face the Nation” on Sunday “Democrats do not trust this president to implement a humane policy when it comes to the immigrants.”
House Speaker Nancy Pelosi (D-Calif.), who called the planned operation “heartless,” reportedly interceded with Trump Friday night, speaking to the president for about 12 minutes to urge him to call off the planned raids in 10 major cities.
Aides to House Democrats told CNN they were similarly skeptical Trump would keep his word even if a deal was reached. In February 2018, the White House threatened to veto a Democratic proposal that would have expanded border security and partially funded a wall on the U.S./Mexico border in exchange for continuation of the Deferred Action for Childhood Arrivals program.
https://thehill.com/latino/449926-trump-border-deal-with-democrats-probably-wont-happen?__twitter_impression=true
#BREAKING: US Secretary of State Mike Pompeo says he will travel to Saudi Arabia and the United Arab Emirates today to ensure Washington is "strategically aligned" with its allies
CST
https://twitter.com/AmichaiStein1/status/1142839033577529344
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