Well, yes: “I am real estate,” Mr. Adams, a small-time landlord, said during his run for mayor.

Another sweet deal for Vornado/big real estate

Vornado is apparently hurting from vacancies caused by WFH. Many decry the loss of tax revenue. I look at it as a good thing. The less reliance on real estate the better.

https://www.nytimes.com/2023/06/11/nyregion/soccer-stadium-film-studio-adams-nyc.html?unlocked_article_code=TKsLjPNDri_vyFb89s2DfdTmx-fkrRVMGqOjUFWAdGTIT3_muJnt4xY3_75xtcc-ibO2lQaBQeJqpRZTRkcnFW5O2L8h1iS_cw3mtajUHs8quo6WhmKmtvz0EYWlTQGLvdcrXgZS8V4gbrcEpxsPTRYRMJL_FRGiSv6ge-p_AhIJ7RDacnXLj-bV6bRQV7vPICL-CHwnqamH4VfX6M00CNkGtQJQ31TEKU-0FfrDGGZfJfki8taZRSa1khsJBHoDQMMf0ZO3C-3cPwQ0kzNeBfYNL87JUH2wSSKto_UdLiJVtLfQbBQw2NT_GVsa_pgw1VGa8X4Nh5ry0ggM1hWh69PgXUkt8aHfQWZyftOFNQ&smid=url-share

#Vornado
#filmIndustry
#MayorAdams
#BoondDoggle
#RealEstate #influencePeddling
#TaxBase