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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. John Arnold‏Verified account @JohnArnoldFndtn 14 Feb 2019
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      The (now scrapped) Amazon NYC expansion had me thinking about whether more economic growth is always better for the existing city residents, especially in places that are already constrained by infrastructure and available land for development. 1/9

      11 replies 21 retweets 95 likes
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    2. Molson Hart‏ @Molson_Hart 14 Feb 2019
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      Replying to @JohnArnoldFndtn

      Respectfully, I think you're wrong. First of all, there are many first class cities that are denser than New York. Second, as you know well from your work. Supply doesn't not have to remain fixed while demand increases. New York can build even more dense residences...

      1 reply 1 retweet 0 likes
    3. Molson Hart‏ @Molson_Hart 14 Feb 2019
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      Replying to @Molson_Hart @JohnArnoldFndtn

      ...more than compensating for the increase in demand. This is what NYC has done well relative to San Francisco. Rents in NYC are actually falling. Finally I feel like you've taken a very Texaa-centric approach to the issue. Traffic? This is New York City, not Houston.

      1 reply 0 retweets 0 likes
    4. John Arnold‏Verified account @JohnArnoldFndtn 14 Feb 2019
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      Replying to @Molson_Hart

      NYC can build denser but it’s a fight. Long term trend in rents is one direction even with short term declines https://www.google.com/amp/s/www.rentjungle.com/average-rent-in-new-york-rent-trends/amp …

      1 reply 0 retweets 1 like
      Molson Hart‏ @Molson_Hart 14 Feb 2019
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      Replying to @JohnArnoldFndtn

      Okay, I agree. Given that the political situation of New York City is likely not welcoming to supply to compensate for new demand, on balance, Amazon coming to New York is something of a mixed bag. There are winners (landholders, generally) and losers (common citizens).

      5:05 PM - 14 Feb 2019
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