New York City retail is dead

https://nypost.com/2018/04/07/the-worlds-hottest-shopping-city-is-becoming-a-ghost-town/

The New York Post story blames Amazon, not the Socialist mayor and former mayor Bloomberg. The current socialist mayor has gone so far as to suggest landlords who leave storefronts empty be hit with an extra tax possibly because they are not generating sales tax and city income tax.

https://nypost.com/2018/03/30/de-blasio-eyes-vacancy-tax-for-greedy-landlords-seeking-top-dollar/

It may also be what a $13/hour city minimum wage looks like.

Engles laid out the rules in 1847. This problem goes away when the city takes over all real estate and all retail is staffed by city employees. Problem solved.

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