Posted 4:11 PM by Gene

MORONS: Here in HOT!!!!! Old City (HOW HOT IS IT? I can hear you yell. Well, I'll tell you) someones built a condominium for cars -- a Parkominium, they called it (nyuk nyuk), with space for 280 cars for all the rich young folk in rich young Old City. After selling less than 40 spaces in two years the owners went bankrupt (gee! I wonder why?) and the new owners plan to turn half the space into storage for all the rich young folk in rich young Old City. Next door a whatisit (condo?) went up with bathrooms visible from I-95 and the elevated subway nearby. Not far off three new low-rise condos have sprouted -- well, sort-of; two of them seem to have halted construction (one is a steel frame). South of there another condo appears to be at best half-sold; westward another's still looking for tenants; and northeastward two high-rise condos may be only 20-percent occupied despite being on the market for eighteen months. If condomania helps bring on a recession (or better still, a depression!) and GEKKO KUDLOWS continue to insist REPORTERS caused the bust, let us remember all the fine REALTORS® and their PSYCHOTIC COMPULSION to BUILD CONDOS.