Legal Cannabis Could Provide Windfall For New York City

New York could soon follow in the footsteps of many cities and states in the country and make marijuana the next big cash crop. The venture could bring revenue in the hundreds of millions to New York City alone says comptroller Scott Stringer.

 

Stringer went on to cite even more impressive numbers saying that the legalization of the drug could result in gains of $3.1 billion for the state. A number that is twice as much as the state revenue realized by Colorado. Stringer also says that approximately a billion dollars could flow through NYC alone.

 

 

The potential tax revenue that would be generated if tax rates consistent with the rest of the country are used is $436 million and $336 million annually for the state and city respectively.

 

The Democratic Stringer, who speaks in support of marijuana legalization, says that there is no reason that New York should continue to live in the past regarding this matter. He further explains that the present analysis details in depth the benefit to New York City, as well as the state as a whole, if a decision to be forward thinking is made.

 

The study by Comptroller Stringer comes at the same time the state is waiting for the results of a similar study order by Governor Andrew Cuomo. The results of the Cuomo study are expected to be released in the coming days.

 

The study by Stringer used surveys to determine that approximately 10% of New York residents are regular users of marijuana. This would mean that the city of New York would have over half a million pot users that are estimated to spend $2000 a year on average for legalized marijuana.

 

Stringer also says that part of the revenue generated by legal marijuana sales could be used to invest in African-American and Latino neighborhoods that have been disproportionately affected by marijuana prohibition.

 

The legalization of the drug would also trim $36 million from the public safety budget with the elimination of minor marijuana possession charges. The NYPD announced recently that it is looking to significantly change the way it polices the use of marijuana within the next month.

You Cannot Avoid Success; Grab The Brand New Book Release By Nick Vertucci

You may have tried severally to start a business but you have never succeeded; every time you start, something just knocks you down to square one. That is very discouraging, nevertheless, there is someone who has gone through the same struggle and knows the pain of having such an occurrence. After helping many in his real estate Academy, he has got a notch higher to put more tips of succeeding in a book. Nick Vertucci is the man behind the newly released book that guarantees success no matter the stage of growth you are in. Introducing, “Seven Figure Decisions: Having the Balls to Succeed”.

Nick Vertucci in his new book tries to bring the reasons behind his success more open where he shares his personal life and the challenges he has gone through, he explains in detail the principles that govern real estate investment and shows you how he applied the same principles to gain financial fatness and wealth he has now. He also explains the main decisions you make that help you move from your current state to a millionaire. One of his emphasize in the book is that no one gets rich by playing safe.

Nick in his new book explains the lessons he learned from the mistakes he made. Some of these lessons include: pushing away anxiety and adjusting your mind to the pursuit of your dreams, aiming higher than the normal and the importance of serving others without always thinking about self-centeredness. “Seven Figure Decisions: Having the Balls to Succeed” has been endorsed by the Founder of “As Seen On” TV and one of the original individuals in the Shark Tank Show; Mr. Kevin Harrington.

The story that surrounds the success of Nick Vertucci is a motivation itself that shows how real entrepreneur ought to behave. He was brought up by his mother after his father passed on when he was 10 years. When he reached 18, he began his own company of selling computer parts and he noticed the freedom of an entrepreneur. The business was super until 2000 when it crashed resulting in losses.

Nick Vertucci struggled to sustain his wife and three kids until he met with a friend who convinced him to attend a real estate 3-day training seminar. This changed everything; he developed a strategy to match the goals he had set. Challenges were many but he had a way of navigating around them and he decided to teach how he sailed through in “Nick Vertucci Real Estate Academy” as the CEO which he founded in 2014. And now he has the book.

New York City Actress Paid Just $28 Monthly Rent for 60+ Years

The Big Apple’s rental prices are notoriously high, but it’s possible to find affordable housing in New York City, as actress Patricia O’Grady proved. For over half a century, O’Grady lived in Greenwich Village for the astounding price of $28 per month.

Most Greenwich Village apartments cost somewhere around $5,000 per month to rent.

O’Grady’s secret to securing such a lucrative housing agreement was simple: she got in early. In 1955, while she was getting her start in acting, Patricia rented the apartment at-hand for $16 per month; three roommates and an agreement whereby routine cleaning would produce a sizable rent discount helped to make the once-in-a-lifetime arrangement a reality.

Over the years, O’Grady’s roommates moved out of the apartment and on with their lives. Patricia remained in her home, however, and because of sympathetic landlords and New York’s stringent rent-control laws, her rent increased to a whopping $28. Despite the wishes of well-meaning friends, O’Grady insisted on living alone in this same apartment; she did so until she passed away at 84.

Although tremendous, Patricia O’Grady’s story doesn’t feature a happy ending. In March of this year, while she was walking down the street, O’Grady was struck by an at-fault vehicle and instantly killed. As word of Patricia’s fantastic apartment spread across the media, support for her, her family, and her friends was offered from all corners of the globe.

The heartbreaking and tragic end to Patricia O’Grady’s life is hardly indicative of all she offered the world and, in particular, New York City. O’Grady was reported by friends to be a kind-hearted and caring individual, and her final landlord spoke glowingly of the friendship they developed.

O’Grady was a lot of things—friend, family member, actress, and New Yorker—but the truth is that most individuals will remember her for her spectacular Greenwich Village apartment and the unbelievable agreement that made it possible.

Chances are that Patricia won’t mind this label at all.