With a possible apartment workers strike looming, Gothamist was amused to read what the president of the union said about the building managers' position that oay hikes are impossible with the property taxes and health care costs:
The city itself is in a financial crunch. However, the real estate market is doing OK, Mike Fishman, the president of the union, said before talks resumed Monday morning. I was looking at AOL the other night, and they had the top ten cities for residential markets in the country. New York was number eight. They say that the price of the condos and co-ops have increased 20 percent since last year.