Why New York’s Billionaires’ Row Is Half Empty

Manhattan’s skyscrapers aren’t really built for people anymore.
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Presenter – Fred Mills
Producer – Jaden Urbi
Camera Op and Video Editing – Aaron Wood
Motion Graphics – Vince North
Executive Producers – Fred Mills and James Durkin
Associate Producers – Liam Marsh, Adam Savage and Tim Gibson
US Travel and Logistics – Caroline Mills

Special thanks to Ryan Serhant, Matthew Soules, Samuel Stein and The Dronalist.

Additional footage from SERHANT., louisatalksbuildings, cody.boone, matalynnthayer, thevictoriashtainerteam, nilelundgren, nyconstructionphoto, Hey, it’s Kimberlee!, Periscope Film, Andrew M Cuomo, ABC News, CNBC, Municipal Art Society of New York, Streeteasy, Bloomberg, Euronews, Disney and OpenStreetMap contributors.

For more from The Dronalist visit –
Ryan Serhant’s channel –
Kimberlee’s channel –
Matthew Soules’ book –
Samuel Stein’s book –

Additional research:
New York City Housing and Vacancy Survey –
NYC IBO Report on One57’s 421-a exemption –
The Accidental Skyline report –

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  1. Wow! Wow! Wow! Just wow! They did it guys. They kept their promise. The half an hour video from the best channel for construction in the world just gave us the best treat of the year. I love you B1M. Your videos are spectacular. I can write almost an entire book about how much y’all have helped me in learning about construction projects around the world right here from the comfort of my home 📱 🛋 . You guys are the absolute best of the best . I’m sooooo grateful for rocking with y’all for over a year now I believe. Keep up the spectacular work mate 👏🏾🤍 🚧 And Sending loads of love right here from The Bronx NewYork City 😊

  2. Je·hoʹvah — The Holy Name chosen by Almighty God by which He has commanded us to know Him. [the causative form, the imperfect state, of the Hebrew verb ha·wahʹ (become); meaning “He Causes to Become”]. Exodus 3:15 Then God said once more to Moses: “This is what you are to say to the Israelites, ‘Jehovah the God of your forefathers, the God of Abraham, the God of Isaac, and the God of Jacob, has sent me to you.’ This is my name forever, and this is how I am to be remembered from generation to generation. — This is the personal name of God. (Isa 42:8; 54:5) Though Scripturally designated by such descriptive titles as “God,” “Sovereign Lord,” “Creator,” “Father,” “the Almighty,” and “the Most High,” his personality and attributes—who and what he is—are fully summed up and expressed only in this personal name — Ps 83:18: May people know that you, whose name (alone) is Jehovah, You alone are the Most High over all the earth.

    The true significance of using His Holy Name: Exodus 20:7 You must not take up the name of Jehovah your God in a worthless way, for Jehovah will not leave unpunished the one who takes up His name in a worthless way. — NO ONE uses His Holy Name without His personal permission. NO ONE. This is why the ‘churches’ are not allowed to use His Holy Name. To understand that better, please read John 3:13 in your own Bible. By-the-way, also understand this; hell does not exist despite what the ‘churches’ teach.

    John 17:3 This means everlasting life, their coming to know you, the only true God, and the one whom you sent, Jesus Christ. – Can you ‘know’ someone without knowing their name?

    John 20:17 Jesus said to her: “Stop clinging to me, for I have not yet ascended to the Father. But go to my brothers and say to them, ‘I am ascending to my Father and your Father and to my God and your God.’” — Jesus openly told us that the Father is Almighty God.

    Why was Jesus sent to the earth by Jehovah God? Jesus told us; Luke 4:43 But he said to them: “I must also declare the good news of the Kingdom of God to other cities, because for this I was sent.” 44 So he went on preaching in the synagogues of Ju·deʹa. — Jesus told us; John 13:16 Most truly I say to you, a slave is not greater than his master, nor is one who is sent greater than the one who sent him.

    The Kingdom of God is represented by a people for his name: This expression may allude to statements in the Hebrew Scriptures where Jehovah is said to have chosen a people as his special property (Ex 19:5; De 7:6; 14:2; 26:18, 19). This new people bearing Jehovah’s name, referred to as “the Israel of God,” that is, spiritual Israel, would now also include non-Jewish believers. (Ga 6:16; Ro 11:25, 26a; Re 14:1) They were to declare the praises of the One they represented and were to glorify his name publicly (1Pe 2:9, 10). The Israel of God is limited to 144,000 and these will serve in Heaven with Jesus to rule over the earth during the 1,000 year reign of Jesus. The choosing of the Israel of God began in the first century with the 12 Apostles and has continued down to this day. There are not enough such chosen ones to fulfill this prophecy; Matt 24:14 And this good news of the Kingdom will be preached in all the inhabited earth for a witness to all the nations, and then the end will come. — For this reason, the ‘anointed’ have ‘helpers’ in this Great Work (the greatest work ever performed on this earth).

    Those doing the world wide preaching work now number 8.6 million strong, all of whom walk in Jehovah God’s Holy Name (with His permission) just as Jesus did (John 5:43). This is the preaching work commanded be done by Jesus [Matt 28:19, 29] – 1 Peter 2:21), and all doing this work accept Jesus as their ruling King NOW and the vast majority of people IN the world have no clue as to what is happening right in front of their eyes IN Jehovah’s Holy Name. We know that the end is very near. The faithful slave (Matt 24:45-48), which oversees the world wide preaching work, has told us this and what is happening now world side is apparently the fulfillment of Matt 24:21, 22. If you want to know more, please ask, or, if you want the entire explanation of the Holy Name Jehovah (about 15 pages and some 12,000 words) email me at and I will send it. Any help/answers I can provide are always free.

  3. No one is buying these 1 million dollar apartments. Trust me I went in one, and vacancy count was ridiculous. Millionaires don’t need a 1 million dollar apartments. They’re millionaires so they’re smart with their money.

  4. I don't even want to be close to a neighboring town to NY when one (or more) of those falls. Of course, NY will need to basically become a ghost town and be forgotten by the billionaires for maintenance to stop and those towers begin to fall.

  5. Roathschild think they own the entire world.
    So they go around the world, and blackmail every nation to mass extortion and stealing wealth from other nations to hoard on wealth for their own family tree.
    If you think this is a lie, go read what their bill in the 1800ds documentation says. it's somewhere in youtube or google…

  6. Fred, sometimes condo developers once they've achieved a sufficient IRR in the first batch of sales might increase the prices to maintain the high IRR for as longer as possible. It makes financial sense sometimes to maintain some units in the market as they have already recouped the original investment. Which might explain why so many units remain unsold. It could very well be due to commercial success, not failure.

  7. Good video but real estate was NEVER equal in America. Next time do your homework before making such an egregiously incorrect statement because it feeds into the continuing miseducation of Occidentals.

  8. I agree with Ryan saying that the middle-class is and will be taxed the most, as per usual. That sucks, because it is we that does the work. Not the unemployed nor the CEOs.
    I hate that unemployment benefits sometimes can be better than actual salary.

  9. Call me paranoid but I wouldn't want to stay in the building even for free because it looks like it'd be the first thing to topple over in the event of a quake. Yeah, they're rare, but I'd question the structural integrity after a brief 5-pointer. It's the same attitude I have toward fair/carnival rides. Yeah, I'm sure they've been tested so nobody's sued for injury or wrongful death, but there's a chance something might happen. This thing is a smidge too narrow in contrast to a standard building.

  10. Yes, its amazing. How common people spend their time working their asses off to generate billions of dollars for the private wealthy class sector of our society. Building their Empires for them to look down on us, while the rest of us living in poverty, running around like little ants. working hard trying to make enough for ourselves to survive in a demanding economy made for and by the filthy rich exploiting our lives for their own personal gain of power and control. creating technology that helps them become more like the definition of God. All knowing, all seeing, all hearing. With the power to create or destroy life as they see it fit to Just think if all that money was used to build a society that benefits everyone. we could free us from our debts to a ruling class, who have divided us into social classifications.

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