Fracking & The Health of New York State
NEW YOK CITY-“The New York State budget is in a precarious state.” Despite the gains made in the macro economy, Robert Knakal, chairman of Massey Knakal, leveled that observation in a recent exclusive video interview. He believes that until the state government gets its fiscal house in order, funds for much-needed initiatives, such as education and infrastructure, will remain frozen.
Click on the attached video to hear:
• How fracking, though controversial, can help the New York State jobs picture;
• How public/private partnerships can “inject millions into the economy; and
• Why Manhattan is the tax capital of the country.
Tune in next Tuesday for Part Two.
Join us at the Convene in NYC, where we will be covering the entire national net lease, sales leaseback and 1031 exchange market across the property type. RealShare Net Lease attracts over 400 commercial real estate professionals across the sector at RealShare NET LEASE on April 1.