Paging Roy...

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Hi Roy... can you fill me in on who controls the work done in most of NYC's hotels and office buildings.. in the 3 to 10 or 20 story
category.. is it 100% union.. or 90% union and the rest mafia... or is there a percentage independ operations?
My guess is that its an air tight insiders market down to who sells the paper clips.
Thanks in advance.. a wild guess will work. Im feeling out the situation.
Phil Scott
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Phil, I think it's fair share of what workforce is available, but also boring even with the mafias percentage to advantage a hot ndividual }:-) I stay away from them... and have 3 gangs, 2 police precincts, dob and washington on standby:)
when you find out let me know, okay?
better yet: Come & start your own company I'll be your Master Apprentice :-)
Roy
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my beepers/pager is crusty I got a page from you ~?
wattz up sir ?
Thats some good J&B I'm drinking };-) ®
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From some personal contacts (as minor as it's been] I can assure you there is a % of private contracting (& outsourcing) done by the public/private companies that rents those facilities you are targeting.
®oy
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From some personal contacts (as minor as it's been] I can assure you there is a % of private contracting (& outsourcing) done by the public/private companies that rents those facilities you are targeting.
®oy
Thanks Roy...I hadnt thought of that.
Im going to pilot my new gig in SF personally...flat footing it around. and attending a few of the building managers association meetings.. Then do a few more jobs to get the promo and product and production refined.
Then I will spend a month in NYC to attend various building managers and owners group meetings and maybe speak if I can get that arranged.
If you are still posting this NG at that time I will get in touch and we can try out your tube at a Korean sushi bar and see if we can get out of there through a slit in the rift sans tip. You know last time I was in NYC and had sushi at a place on 7th ave.. I left a 2 dollar tip (20 dollar ticket) and the waitress ran me down at the door jabbering in Korean about 'wha diss. a wrowzy tw00 dollahs... yak yan yak... amazing. the entire time I was eating a nasty looking thug was standing off to one side behind the cournter glaring at me... next time Roy...they get zip.
I will need you and your tube I think to pull it off. Tell me Roy...do those bastards ever chase you down with a cleaver or anything?
Phil Scott
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/~> I will need you and your tube I think to pull it off. Tell me Roy...do those bastards ever chase you down with a cleaver or anything? Phil Scott ---------------------- Phil I like your plan, I always felt a certain glow attracting me to those Mngrs. conferences being a certified Bldg. Mgr mysef, but I've never attended.
Concerning the retaurants I've visited I am usually the guest of someone, but I tipped 2$ at a burger joint in a pricey neighborhood and I got smiles (dressed in dirty work jeans and tech leathers of course), maybe they fancied you a millionaire };-) I look rather rugged but easy to hurt & I have several killer moves & methods of respect that makes them think they owe me:-) it's a matter of acting like you live right around the corner I guess., besides, I think they take me for a city inspector at times :-o can't imagine why ;-)
I would have told that barbarian to stop hovering over me with a mean " I'll start some shit look in my eyes " that is very discomforting, maybe you should have tipped them nothing over it (4-5$)
nevertheless: l'll have the Ogre device ready if we should need it };-)
Buenaventura,
®oy
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. Here is whats going on in California.. Im sure its as bad or worse in NYC. Not promising if you dont enjoy being compromised by slime bags.
(my post to a financial NG)
I attended a seminar for real estate heavies, I managed to slide in under false pretexts. The speaker long time in the business delivered a speech that went entirely over my head..... until I got home and started drafing marketing plans. In drafting those these issues and past experience suddenly came very clear..
Then the light bulbs went on...about 90 of them.
why for instance could I bid 50k on a job and not get it, then find out later that the 'winning' contractor had quoted 150k...and does bad work often not even functional work..? Whats up with *that. Clooless .... thats me, I had no faintest idea for some time.
I do now.
Those who wish to get all snitty or claim that just because they are not corrupt or don't see any of that.. so wish to say it doesnt exist... go right ahead, I am too old to give a rats ass what those think.
The speech was entirely coded but unmistakeable in intent. He was addressing massive fraud in the commercial real estate business and with property management and the ramifications...specifically with REIT's the pruning of the small investors in these via corrupt property managements.
All of his speech was delivered in an ultra casual, disarming style that one would not suspect in such a bombshell of a presentation.
He pointed out the low ball nature of many property managers (admiting being one himself for decades ..now a top dog on the east coast)... and the nasty graft situation going on, but in very carefully structured terms..all seeming like trivial side bars and stories.
So why am I posting this here?. A few will be interested.. the idiots won't be of course but for others this will be of interest.
Have you ever wondered why you might be working so hard and struggling financially yet you see armies of dingbats and morons drivng SUV's.. living high and relaxed?
Summary of whats going on:
Graft across the boards in many industries.. its old as the hills... for instance a contractor wanting work at a facility can 'put the manager of the facility on his payrol as a 'consultant'... :) or arrange with someone else entirely to put the person on *their payroll and visa versa. thats an unlimited, untraceable, tax legal, and otherwise 'legal' means of paying off decision makers... that goes down to the lower middle manager levels. these earn 50K a year, but live in million dollar homes and have two SUV's.
One of the inside jokes among this set of people. "Hey Bob how many payrolls are you on no".. thats an old joke.. since then the mess has gone exponentially worse.
thats how its done. There are many other tactics...use of temp agencies to run the money to the managers 'on contract'.. or without paying the 15% cut to the temp agency in these cases one can simply pick up the managers tab at high end clothing store or car dealership. Tax deductable of course.
These tactics are so common in most of Europe that these pay offs and kick backs are tax deductible. But in the US its still illegal... these tactics decimate legitimate interests and legitimate investors.
adding in corrupt civil service fraud by these very same means, not to mention the bogus pay and retirement arrangements you get a good size chunk of the populaton not entitled to be rich by dint of capability, production or wits..... but well off none the less... its rampant.
Where did the money come from? It came from investors who have no clue that the fraud at Enron, World Com, Global Crossing and a thousand other corporations was also rampant but at much more fragmented scale... all of the way down the line in many industries... in some industry its not prevelant at all. lets make that clear.....in others its massive. Recently a charter school founder, on state contract is charged with 25 million dollars in fraud for instance. Fraud in middle and upper management is becoming the rule, not the exception.
The tactics are decimating legitimate business and forcing them to become complicit or go broke. .. thats a severe net degradation all the way around.
What started all of this? A reasonably legitimate attempt to keep income and profits away from ruthlessly destructive taxation levels. Now as bloated and corrupt goverments go broke they must come after these people.
its not going to be pretty or pleasant.. and its not going to encourage risk taking, investment or entrepreneural endeavors... and that is going to fruther decimate the states revenue streams.
The net cause with real estate has been what the speaker called that 'other peoples money' attitude.. and he went on at length about past disasters and guys being shuffled off the parking lot under guard.
This other peoples money attitude, affording the graft and high prices has created a massive real estate bubble that he ceased speaking in code about.... and said that the REIT (real estate investment trusts) are buying like drunken sailors at unwarranted prices (using other peoples money, not their own of course)... *and that the high rollers he knows in commercial real estate..and he would know ust about all of them well.. and he named a few that didnt mind being named.. have ALL of their properties curently up for sale and are not buying with their own money about 50 billion dollars are currently side lined by these people.
For those with no clue that will go over your head... for a few others that is a bomb shell.
Currently as the state of calif is going broke, and the federal govt is next... taxation of real property is going into high gear like you cannot concievable fathom.. that was addressed at this forum as well.
In summary the state of calif is trying to legislate that every change of ownership by 51% or more, or with many other common changes will require a re-assesment of the property and capitol gains taxes paid etc..a complete nightmare from countless angles. This will kill real estate shuffling and depreciation advantages to a major extent.
A citizen might say...well great... its about time these high roller paid taxes... and that is not entirely without merit. However all this action is also a golden goose on which the average citizen gets meat for his bowl of rice. Bloated government ruins all it touches..and those it doesnt touch it ruins by sucking up all the energy...then wastes it.
for instance currently commercial property can be effectively depreciated to near tax free income levels over a 7 year period or less... players in the industry simply trade property back and forth..no taxes. The rental income is sheltered by the depreciation.
If this legislation passes, despite the heavy industry opposition, the commercial real estate bubble will burst big time..as it will eventually anyway...
the State has aleady driven off huge sectors of its economy to Nevada, other states and China and its working class tax base is in steep decline as govt continues to bloat.. Accordingly commercial real estate is about to get nailed... the new 'home owners' will be next...anything that can be levied against. Levying bag ladys didnt work or well..
What is not seen is that the 'haves' only got it by these means, when the state eliminates these, and the middle class is moving now to the lower middle class...the net tax base collapses.. then govt loses empire, and / or collapses.
That will kill the golden goose as it has in other nations.
Random comments follow, sorry I didnt have time for a better edit:
The management companies for these properties of course remain in place through many successive ownerships.. now seen by moi here to be raking off 20% of the building services action by covert and often completely nasty and ruthless means.. (the speaker was from this contingent himself in his earlier years, described these as failed stock brokers, the near do well offspring of corporate officers, grifters and used car salesmen...so it was a bit of an insiders expose..and maybe an attempt to clear ones conscience or blow the whistle as a little graft has turned into nationally devastating corruption.)
Most recently in my personal experience... 20,000 dollars skim was asked from a $17,000 base of work (material costs $9,000, labor 3 man days). Resulting in a 37k billing to the actual owners (the cash paid suckers investing in that particular REIT or range of snarled up corporate shells.).
The speaker at the most recent event got a horse laugh from a few in the audience when he referred in very coded terms to 'this vertical integration' :)
So what I am saying here is that we are living in a culture gone suddenly corrupt almost to the core within the last 20 years..at all levels... and in the last 10 years exponentially corrupt. Excepting the clooless bottom level of water carriers.. without the leverage to be corrupt or in some cases with a cleaner work ethic than that.
Its easy to be clueless these days.
Phil Scott
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