Duke & Duke Commodities Brokers

@UKPlanB @jaymart222 @nycHealthy @NYCHousing 1. We don’t have a basis to say that, and regardless, the operating costs alone exceed the rent. So there’s not enough money coming in to cover such things. 2. Tenants pay some, not all, utilities.

@DukeandDukeCB @jaymart222 @nycHealthy @NYCHousing That building has been paid off its original price many times over. Tenants pay utilities, pay rent. What does the owner pay? Not repairs!

Vacancy Control. Tenant died in February 2025; it took a year in housing court to gain possession. The renter occupied the unit for 46 years. He owed $19,957.41 on a rent of $1,234.87 at the time of death. Operating cost is $1,380, so it “makes” -$146 every month before renovation costs. The rent cannot be changed on vacsncy and tbe Rent Guidlines Board does not keep up with cost. There is no mechanism to cover the costs of the full gut renovation needed for the next renter, nor will a bank extend a loan to do the work to cover the costs with a rent that can never pay it back. As a result, the unit will stay empty. This is your city on vacancy control.

@MyHaploidHeart @ONEBIGMONSTER_ @jaymart222 No. It isn’t.

@DukeandDukeCB @ONEBIGMONSTER_ @jaymart222 Skill issue

@MyHaploidHeart @ONEBIGMONSTER_ @jaymart222 1. I’m no landlord. 2. When the revenue isn’t even allowed to cover operating costs, there’s no profit.

@DukeandDukeCB @ONEBIGMONSTER_ @jaymart222 Says the guy who cant turn a profit renting loooooool

@MyHaploidHeart @ONEBIGMONSTER_ @jaymart222 Has nothing to do with being good or bad in business.

@DukeandDukeCB @ONEBIGMONSTER_ @jaymart222 By not being a dhitty businessman. Maybe bro should become a cop. I heard any fucking idiot can do that job

@976noodles @jaymart222 That may be what will happen instead of people investing in NYC housing. And the shortage will worsen. And rents will rise.

@jaymart222 Sounds like you should’ve invested in index funds

@ho_chi_minge @jaymart222 These units leaving the market worsens the housing shortage which means higher rents.

@jaymart222 Sounds like you took a risk and lost money, why should I care?

@spIashmaster @jaymart222 The individual who was taking more than they were giving already died or did you miss that in the post?

@jaymart222 as a member of the parasite class its in everyone's best interest if you hopped off a bridge

@bathr00m_joke @jaymart222 Did you miss the part where the unit will just sit?

@jaymart222 well get in there and start cleaning, dickhead. It's not like you have a real job anyway

@Moth_Buckaroo @jaymart222 The rent stabilization law forces landlords to keep offering lease renewals at tenants’ sole discretion and if there’s any rent increase allowed, it almost always doesn’t keep pace with inflation let alone cost growth. Expensive to operate in NYC.

@jaymart222 Why would you do this at a loss? Are you homeless now? How is operating cost 1,380?

@josephtamas @jaymart222 NYC passes a LOT of codes in 46 years. They now have to be complied with before the unit can be rented again.

@jaymart222 Why is a full gut needed and not a clean up, repair and new paint ?

@heaven_toniight @jaymart222 Guess you missed the point. Policy makes this unit sit indefinitely vacant. That worsens the shortage. A worsened shortage means higher rents for what’s available. But I guess as a market rate landlord, you like that.

@jaymart222 get a real job loser OMFG like do you actively hear yourself? sorry someone croaked before they could pay your parasetic ass i hope hes laughing at you wherever we go

@JBNotSmoove @jaymart222 He has one. You should try it.

@jaymart222 Get a real job, parasite.

@arvofart Walk around. Talk to people.

@DukeandDukeCB What do you do for work?

@arvofart No.

@DukeandDukeCB Name one specific thing you do for work

@drinccc @jaymart222 Just compensation necessarily moves in the other direction.

@DukeandDukeCB @jaymart222 it seems to me that the phrase "without just compensation" and "except as punishment for a crime" are quite broad preconditions which could easily be met with the right legislators.

@arvofart You have a vivid imagination.

@DukeandDukeCB One where you “do a number of things.” Presumably with your girlfriend, whom we don’t know because she lives in Canada

@arvofart Ok

@DukeandDukeCB We can’t even establish that anyone is paying you. I can claim to be a millionaire as often as I wish, that doesn’t make it true

@drinccc @jaymart222 Violates the Fifth and Fourteenth Amendment.

@DukeandDukeCB @jaymart222 where in the constitution does it say no vacancy taxes

@dambvegetables @arvofart They’re really overpaying me if you’re right.

@DukeandDukeCB @arvofart I think we already established that's unlikely

@archangelmikej @jaymart222 It was ruled unconstitutional based on violating the US Constitution. That’s federal.

@DukeandDukeCB @jaymart222 San Francisco is not federal. One judge said it wasn’t allowed. Doesn’t mean it’s actually unconstitutional.