Patrick Gleason

In 2021 our portfolio company Fridge No More raised $19M and opened 49 stores in NYC, employed 300 people and was able to deliver goods to your door in under 15 minutes, paying above minimum wage to couriers (they were actually so happy with their jobs they offered to work for free when the company couldn’t get funding). Unlike Mamdani’s store they had to pay rent and taxes. This is $387K per store including all the R&D, CapEX, and a central processing facility. Somehow when a socialist politician is trying to do that it’s 100x more and takes 3 years. Remember my words it will not end at $30M. Very soon they’ll ask for more.

I’m the product of good public schools, from kindergarten to the Merchant Marine Academy. Every kid deserves the same shot I had, but private school voucher programs threaten that opportunity. Read my op-ed on what Arizona's experience with voucher fraud tells us about where this road leads and why I'm pushing to repeal the new federal voucher program.

Trump and Republicans raised taxes on 95% of Americans to cut taxes for the richest 5%.

Today is Tax Day. This year, nearly every American will pay more in taxes — except for billionaires. For 50 years, billionaires have bought politicians to rewrite the tax code in their favor. Here’s how:

Happy Tax Day, New York. We’re taxing the rich.

A few weeks ago, the Mayor of NYC announced a $38 million plan to replace the heat pumps at a local housing development. $38M for 712 units means they are spending $53k per unit. (!) How is this possible...? This math does not make sense.

Breaking News! H. 4216 Signed Into Law

How on earth can it cost $30 million and three years for the NYC government to build a grocery store in Harlem? There are *dozens* of grocery stores for sale, all over New York City, for less than $5M. Many are less than $1M. This seems like a scam. (or vanity project)