Eric Adams, the controversial mayor of NYC, has come out and called for companies to end work from home.
Not surprisingly, this is drawing huge ire from the public. The fact that this comes on the heels of multiple missteps and bad press from the new mayor is only more reason it’s an ill throughout decision.
Adams entered office in a controversial manner. There was and still are serious complaints from democrats that there was voting problems involved in his election. While that has not been well covered outside of local papers, his more serious missteps have.
First, there was the controversial hiring of his family members. People who were simply unqualified to hold positions were given what appeared to be lucrative patronage jobs due to nepotism.
Next, there was his rather poor handling of the violence and strife in the city. Again and again, reporters of even the most progressive newspapers have called out for an end to the rising crime in the city.
Now, as if playing a tone deaf character, Adams has demanded that work from home be ended.
Lets’ take a look at how this recent fumble by mayor adams played out.
What’s He Thinking?
Well, he obviously wants workers back in Manhattan. But many workers are already back in the city. However, many office workers and companies found that they were just as if not moe productive when they had to transition to a work from home environment.
During the last mayor, the universally despised DeBlasio, the city fell to it’s lowest point in decades. After years of improvement, crime and homelessness dramatically increased. The only thing in Manhattan that has increased during the last Mayor and the new Mayor is the funding of city agencies and non-profits, and the price of real estate.
Which brings us to a well known criticism of the last two mayors. That they have real estate developers pulling strings.
Adams shamefully tried to shift blame on a Bronx fire away from the slumlord, who he was friendly with, and onto the tenants of the building.
The big players in NYC commercial real estate are anxious for the city to have workers back in their offices.
Hundreds of millions of dollars are at stake.
Landlords for rental buildings are already safeguarded due to the citys generous voucher program, which pays above market rent to landlords for people who are unable to afford rent.
However, as of yet there is no landlord welfare system in place for commercial real estate locations. The optics on securing that would be much more difficult.
Whereas there are multiple non-profits and several city agencies devoted to funding and paying landlords to house the poor in NYC, there are limited resources for the billionaires who own office space.
This could be why Adams is so anxious to have people return to the city.
Couple that with the failing retail stores in Manhattan that counted on a daily influx of office workers.
Everyone from restaurants, take-out, dry cleaners, clothing stores, and supermarkets have seen a decrease in traffic.
Is There Logic Behind This Move?
There is no logic, which is not surprising considering Adam’s past use of ugly language, hiring his brother, shifting blame, etc…
The real problem that faces the city is the rampant crime coupled with the outrageous expense. Real estate developers, who live primarily in Westchester, Connecticut, and Long Island have long made billions on tax breaks and overpriced commercial real estate.
The powers that be (who are all the beneficiaers of real estate developers political donations) are panicincg as they see that white collar office workers no longer need to commute to Manhattan.
Who lives in Manhattan? Millions in voucher programs, NYCHA housing, and long time residents. Anyone who commuted into the city to spend their money now has to seriously think about it.
There are few tax breaks for people who commute into the city. Remember, the political class provides the largest tax breaks for the billionaire class to build real estate, not to the working class who pay for subways, busses, and trains.
When you combine that with the decline in quality of life, it’s quite clear that people who can stay away from Manhattan will stay away.
Why It Won’t Work?
It’s not going to work because Adams has no control over private industry who no longer work in Manhattan.
He can try and offer tax breaks, even more than companies already get, but that is not going to combat the shift in mood that has taken place.
Working people who spent hundreds a month to commute into Manhattan would now spend the same amount of money, and more time, to deal with violence on a scale that’s never been seen in three decades.
The recent cold blooded murder of a Chinatown woman is just one of the endless serious of attacks that are happening in Manhattan. CEO’s are begining to speak out on the hazardous nature of the city.
While Adams positioned himself as a law and order candidate, it appears he is either unwilling to do anything or simply can’t.
Companies only care about profit. Real Estate firms and developers contribute to the politicians who they believe will best pass legislation to help them financially. However, companies that are not dependent upon government subsidies are less likely to bow to political pressure.
It’s already been seen that Adams’ original plan to install a 3 day work week failed miserably. Unlike other countries where politicians can declare company policy, New York and the rest of the country isn’t quite at that state yet.
People sill have the ability to freely work where they want to.
Public Reaction
As expected, the residents of NYC have grown tired of Adams. His endless mistakes and faux pas have made him an immediate failure in the publics eye.
This new overstep has cemented his reputation. On most NYC web forums, he is already being ridiculed as a failure, and even worse.
He was elected on the basis of being a law and order candidate, which he has failed to fulfill.
Murders and attacks have risen during the last few months.
Much like the disgraced former mayor DeBlasio, who came in promising housing improvement, and ended only accomplishing enriching landlords and real estate developers, Adams looks to be on the same downward path.
Hey I’m Chris . 20+ years in the industry. I’ve worked every role from Executive recrutier to Agency founder and consultant. If you want to learn more or reach me,vist the about page or use my contact form.