The Obama Escape Clause
You know those folks who say they will leave the U.S. if McCain is elected? Now they can still proceed with their plans to buy a condo in the meantime, thanks to a clause some developers have been inserting to condo contracts: Purchaser may have pursuant to the Offering Plan or at law, in the…
You know those folks who say they will leave the U.S. if McCain is elected? Now they can still proceed with their plans to buy a condo in the meantime, thanks to a clause some developers have been inserting to condo contracts:
Purchaser may have pursuant to the Offering Plan or at law, in the event that Barack Obama, Democratic candidate for President of the United States of America, fails to win the Presidential election to be held on Nov. 4, 2008, Purchaser shall have the right to cancel this Purchase Agreement upon ten (10) days written notice to Sponsor and upon cancellation will promptly be refunded the entire contract deposit with any interest earned thereon.
So far, the deal has only been offered in Queens and Manhattan. There’s still time for Brooklyn developers to jump on the bandwagon though!
A Condo Escape Clause for New York Liberals [NY Times]
Brownstoner, you need to delete Prodigal Son’s post immediately. If you don’t the secret service will ask you to do so.
Idiots!
That would be Singapore slopefarm. No real separation of church & state (thet’re all episcopalians actually), no right of assembly, etc, etc, etc.
DIBS is right; total gimmick. No significant movement of liberals north to Canada after 2000 or 2004. It was just talk. Any deals are safe. I’d be more impressed with a “what clause” — you get to walk away from the deal if the market seriously melts down in a scary way before closing.
I think, given the polls, the better question is the one recently posed on Slate — where do disgruntled conservatives go if McCain loses (after exhausting all legal remedies at the Florida and U.S. Supreme Courts, that is)? What country resides in the conservative imagination in the way that Canada does for liberals? I mean, besdies post-secession Alaska.
I think the more useful Obama escape clause for those in New York is that if he IS elected, you can bail on the contract. I’d venture a majority of Brownstone owners are going to be coughing up much higher taxes under his tax plan. You might consider yourself middle class by New York standards, but Obama doesn’t quite see it your way.
Migrating to New Jersy would in fact be the same as leaving the country.
Sorry Adam!!! 🙂
New Jersey!
I think they intend to migrate to “Alaska”, wherever that is.
This should rank up there as one of the top ten marketing gimmicks in history. These two projects probably had no visibility before this hit the NYT. Congratulations on whoever thought this up!!!
I think the vast majority of the people who say that they will leave the country in Mccain is elected have probably never been outside the country before anyway. Have they all said where they are going??? Iceland??