Browsing Archive: January, 2010

Why the Health Insurance Excise Tax Makes No Sense

Posted by Avi Frisch on Tuesday, January 12, 2010, In : Public Policy 
I have written several times at Newjerseynewsroom.com about health care reform, which unfortunately is more about health insurance reform than a full reform of our health care system.  The plan that is emerging is not good, but better than the status quo.  

One aspect of the reform that is quite troubling is the excise tax on "cadillac plans."  Unions strongly oppose this concept because they have traded salary for generous benefits for years and now will be taxed on those plans at 40% (assumi...
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Intellectual Consistency on Foreclosures

Posted by Avi Frisch on Friday, January 8, 2010, In : Mortgage modifications/foreclosure 
Last week, the New York Times ran a piece discussing how efforts to keep people in their homes by restructuring mortgages were not only failing but detrimental to those people who really should just move out and move on.  This might actually be true to an extent, though the Times primary concern was of course with the state of the banking system (who cares about people when Chase's bottom line is at stake). 

Today, however, in discussing New York City's commercial real estate market, the Times...
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Stuyvesant Town

Posted by Avi Frisch on Friday, January 8, 2010, In : Real Estate 
Today it appears that the Stuyvesant Town purchase by Tishman Speyer and its partners will go down as one of the biggest real estate flops ever.  The huge residential complex was purchased for $5.4 Billion in 2006, and never really made much sense.  As the New York Times is reporting, Tishman Speyer and Blackrock are planning to default on this months mortgage payment. This deal would have fallen apart even had the economy not tanked, and it would probably be best if the mortgage lenders just...
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More on Cable

Posted by Avi Frisch on Thursday, January 7, 2010,
I have had some interesting responses to my cable tv column at newjerseynewsroom.com. I am hoping to do a followup piece to discuss some of the things people have pointed out to me, so please feel free to email me any comments you might have.
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Cablevision and HGTV

Posted by Avi Frisch on Wednesday, January 6, 2010,
I have a new column up at newjerseynewsroom on the Cablevision/HGTV dispute. Check it out here.
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