NYC OTB pleads its case

[philcski]

Originally Posted by freddymo

5000 a month rent in manhattan.. Phil have a heart.. Employees have benefit packages of 15 to 20k a year never mind their salaries. Once some forensic accountants rip thru the numbers will have a better clue what is BS. This story will have some legs for sure..

How long did I live in the city and frequent said locations? I think I have a good handle on what things go for. $50k would be INCLUDING a $15k benefits package. These are employees that should make little more than minimum wage, yet make $15 an hour. NYRA pays less. As for real estate, their average storefront is roughly 600 square feet. Here are a couple similar locations available RIGHT NOW:
Manhattan:
http://www.selectapartmentsny.com/in...l_detail&id=59
http://www.selectapartmentsny.com/in...l_detail&id=64
http://newyork.craigslist.org/mnh/off/1514691969.html

Brooklyn:
http://www.nestseekers.com/20422/RET...SBURG_LOCATION
http://newyork.craigslist.org/brk/off/1514797158.html
http://newyork.craigslist.org/brk/off/1514765965.html

Queens:
http://newyork.craigslist.org/que/off/1514647644.html
http://newyork.craigslist.org/que/off/1513176326.html
http://newyork.craigslist.org/que/off/1512321167.html