I would have started diversting from New York before the ruling. After the ruling is too late. Look for NY to pass "exit taxes" on businesses moving to free states.Beekeeper » 20 Feb 2024, 9:24 am » wrote: ↑ And THIS, you MORONIC little POS LWNJs, is what happens when you PERSECUTE for a NON-CRIME where NO ONE was injured by ANY action of Trump!! INVESTORS SAYING "**** NEW YORK STATE!!"
Real estate investor Grant Cardone posted on X that his company, CardoneCapital, had initiated research into potential investments in New York. However, former President Trump was ordered to pay $355 million following a civil fraud ruling.
https://twitter.com/GrantCardone/status ... s-n2170362
Cardone said his team will double their efforts to find real estate properties in several red states, including Florida, Texas, and Tennessee.
As RedState reported, Elena Cardone, Grant's wife, set up a GoFundMe page to help Trump pay the $355 million. So far, they have raised over half a million dollars.
New York Gov. Kathy Hochul tried to reassure folks that they would not be fined for doing business in New York.
https://twitter.com/Travis_in_Flint/sta ... s-n2170362
Cardone is not the only entrepreneur deciding not to do any business in New York. As RedState reported, Shark Tank's Kevin O'Leary, also known as "Mr. Wonderful" said he would never invest in New York now. O'Leary also noted that "every real estate developer does this" regarding the court ruling of Trump, as well as refuting Hochul's claim that those who do business in New York are "very different than Donald Trump."
O'Leary called California a "loser state," and New York a "mega-loser state." Instead, he will invest in red states such as North Dakota, Oklahoma, and West Virginia.
Skans » 20 Feb 2024, 9:53 am » wrote: ↑ I would have started diversting from New York before the ruling. After the ruling is too late. Look for NY to pass "exit taxes" on businesses moving to free states.
For people with substantial wealth, that is absolutely true. It is extortion, plain and simple. Except when the Mafia did it, they were reasonable about the amount they extorted from people working in their territories.Beekeeper » 20 Feb 2024, 9:58 am » wrote: ↑ California is trying that and so far, they are unable to collect them. Fact is, the people who rent the U-Hauls to move out of there are collecting BIG TIME to return the trucks back TO California so they can rent them again. I've been told you can conrtract with U-Haul and several others moving truck companies to drive trucks back and they pay is amazing- over $750 per truck. NO CDL needed either, just a few days to get it back in State.
Bottom line is that Laticia James just cut her State's throat and the NY real estate investments and developers are going to be non-existent in a few months. People are NOT going to invest money when a rouge AG can bring charges and win where NO ONE is damaged. Seems like all she has to do is NOT like you or your politics and she is going to bust you to the core.
MASS EXODUS!!!!!Beekeeper » 20 Feb 2024, 9:24 am » wrote: ↑ And THIS, you MORONIC little POS LWNJs, is what happens when you PERSECUTE for a NON-CRIME where NO ONE was injured by ANY action of Trump!! INVESTORS SAYING "**** NEW YORK STATE!!"
Real estate investor Grant Cardone posted on X that his company, CardoneCapital, had initiated research into potential investments in New York. However, former President Trump was ordered to pay $355 million following a civil fraud ruling.
https://twitter.com/GrantCardone/status ... s-n2170362
Cardone said his team will double their efforts to find real estate properties in several red states, including Florida, Texas, and Tennessee.
As RedState reported, Elena Cardone, Grant's wife, set up a GoFundMe page to help Trump pay the $355 million. So far, they have raised over half a million dollars.
New York Gov. Kathy Hochul tried to reassure folks that they would not be fined for doing business in New York.
https://twitter.com/Travis_in_Flint/sta ... s-n2170362
Cardone is not the only entrepreneur deciding not to do any business in New York. As RedState reported, Shark Tank's Kevin O'Leary, also known as "Mr. Wonderful" said he would never invest in New York now. O'Leary also noted that "every real estate developer does this" regarding the court ruling of Trump, as well as refuting Hochul's claim that those who do business in New York are "very different than Donald Trump."
O'Leary called California a "loser state," and New York a "mega-loser state." Instead, he will invest in red states such as North Dakota, Oklahoma, and West Virginia.
Skans » 20 Feb 2024, 10:13 am » wrote: ↑ For people with substantial wealth, that is absolutely true. It is extortion, plain and simple. Except when the Mafia did it, they were reasonable about the amount they extorted from people working in their territories.
One guy, with a **** ton of money to invest... that's taking it elsewhere.
RedheadedStranger » 20 Feb 2024, 10:59 am » wrote: ↑ One guy, with a **** ton of money to invest... that's taking it elsewhere.
Why anyone would ever do business in NY again after this ridiculous "ruling" is beyond me.
The courts basically just stated that they can **** over whoever, whenever in NYC... and there isn't a damn thing anyone can do about it. It's a classic case of stepping on a rake and shooting yourself in the foot at the same time.