TJ Walker argues New York's expensive hotels prove the city is desirable, not troubled. Critics contradict themselves: they say Mondani failed to lower rents while also claiming his policies will drive businesses away. High prices are a sign of success, not failure.
Chapters
The biggest problem I have with New York City is the hotels are so high. Well, let me tell you something. Detroit wishes it had a problem like that. Baghdad wishes it had a problem like that. Most countries, most cities in the world would love the fact that their biggest problem in life is that everybody in the world wants to come and visit because they think it's so interesting, fun, and cool. So that's the biggest problem. It's not really a problem. And you can't have it both ways. You can't say, well, Mondani didn't bring business rents down, and at the same time say, we're predicting he's so awful for business, every business will flee and every building will be abandoned. You can't have it both ways. And that is unfortunately what we are seeing with the Mondani critics today. Ultimize.