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The Mark Simone Show

Hour 2: Barack Obama was the most ineffective President of all time.

The Mark Simone Show

iHeartRadio and Mark Simone

News

4.3695 Ratings

🗓️ 4 January 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

The Biden administration says the republican tax cuts are what’s keeping them from building a wall on the southern border. Mark Interviews CNBC Contributor Jake Novak. Mark and Jake talked about the latest on the war between Israel and Hamas.

Transcript

Click on a timestamp to play from that location

0:00.0

Well, lots to get to this hour. What's going on in New York crime-wise? We'll get to that coming up. We'll get to Joe Biden and the border. We'll get to the congestion pricing. Hey, we'll get the latest on Israel coming up a little later this hour. And what's going to happen there this coming year. Broadway has taken a big hit.

0:23.7

Businesses down dramatically, almost a 20% drop in business.

0:27.9

Now, you've got to remember a few things.

0:30.4

One, you don't have all of the Broadway shows that you normally have.

0:34.3

You got less activity on Broadway than usual, less big shows than usual. But the

0:41.1

problem is, and you may not realize this, Broadway is really dependent on tourists and suburbanites.

0:49.0

The people that actually live right here aren't the big Broadway customers it's uh you know everybody pays for their

0:55.2

Broadway ticket with a credit card and the credit cards have zip codes on them so they now

1:01.2

they just simply look at the metrics uh how many people have bought tickets live within uh five

1:07.1

miles how many live within 25 miles and the bulk of the business comes from the suburbs and the tourists from far away. Well, suburbanites are very important to Broadway. One thing about the tourists. And over the holidays, you saw millions and millions and millions of tourists pour into New York. They're not the biggest spenders, these tourists. They'll go to Broadway shows, but that's what you see lined up at that ticket booth to get the discount

1:32.4

tickets, or they'll look for reasonably priced tickets. But the big money tickets, you know,

1:38.4

if you want those top seats in the top Broadway shows, you're talking $800, $1,000 a ticket.

1:43.7

That's the suburban people,

1:45.4

the wealthy suburbs buy those tickets. And they're not coming in like they used to come in.

1:50.2

And number one reason, well, biggest reason is crime. They're worried about crime, safety,

1:55.5

all of that. And then number two, a lot of them aren't coming into work every day.

2:01.1

So when you get out of the habit of coming into Manhattan every day, it becomes a bigger deal to come into Manhattan.

2:08.2

If you do it five days a week, it's nothing to come into a Broadway.

2:11.0

But when you do it two, three days a month, you just hesitate to even come into Manhattan.

2:17.7

So suburbanites have kind of dropped dramatically Broadway.

2:22.9

Let's see.

2:24.4

In fact, it's below right now where it was pre-pandemic, way below.

...

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