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Search resuls for: "Benjamin Miller"


2 mentions found


☆ The Absurd Problem of New York City Trash
  + stars: | 2024-03-02 | by ( Emily Badger | Larry Buchanan | ) www.nytimes.com   time to read: +30 min
In New York City, trash has no dedicated space all its own. The Absurd Problem of New York City Trash And the Trade-Offs Required to Fix ItConsider the ubiquitous New York trash bag. The prospect has prompted much snickering: New York’s big idea to clean up trash is to … put it in trash bins? New York City Municipal Archives1913: A century in the past, but the same problems as today. New York City Municipal ArchivesBut those cans overflowed to horrifying effect during the 10-day strike:When New York streets resembled landfills.
Persons: …, that’s, ” Anthony Crispino, “, ” Cole Stallard, Stallard, Gerard Koeppel, Oscar, Neal Boenzi, New York Times Garbage, Larry C, Morris, Meyer Liebowitz, Rudy Giuliani, ‘, ”, Norman Steisel, Eric Adams, Jessica Tisch, Tisch, Hiroko Masuike, Ms, there’s, It’s, ” Harry Nespoli, workarounds, Martin Melosi, Clare Miflin, Miflin, don’t, Benjamin Miller, Martin Robertson, ” Mr, Robertson Organizations: Sanitation Department, New York City Municipal, New York Times, York’s Sanitation Department, Department, York City Municipal, District of Columbia Department of Public, New York, New York Public, The New York Times, City Hall, Avenue, West 22nd, West, Eighth, 21st, West 21st, Bronx Manhattan Queens, Financial, Center, Zero Locations: New York City, stairwells, York, New York, York City, Amsterdam, Barcelona, Berlin, Washington, Houston, what’s, Chelsea, Erie, Manhattan, ”, New Yorkers, Staten Island, New, East, Bronx, Bronx Manhattan Queens Brooklyn Staten Island, European, Harlem, New York . New York, Relatedly, Brooklyn
☆ The CEO of a company that's purchased $7 billion in real estate expects competitors who've relied on cheap debt will get washed out
  + stars: | 2022-11-21 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +4 min
As borrowers' debt comes due, rising interest rates will cause defaults and sales. Defaults could cascade through the financial system, putting "trillions" of dollars at risk. After nearly 15 years of rock-bottom interest rates, financial markets — including real estate — are being weaned from easy money by Federal Reserve rate hikes, Benjamin Miller, the CEO, said. Suddenly, landlords might be on the hook for 20% or more of the total value of the property, and their interest rates will be at least double what they were. An even bigger risk to the financial system lies with interest-rate derivatives, or financial contracts used to mimic or bet against rate moves.
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