joelepstein · @joelepstein
1 followers · 28 posts · Server urbanists.social

Instead of giving public money to build office space no one will ever need, use the money to Construction workers get jobs and the public doesn´t end up making even richer thru

#vornado #rebuildpennstation #transit #MTA #nycrealestate #corporatewelfare

Last updated 2 years ago

joelepstein · @joelepstein
1 followers · 27 posts · Server urbanists.social

Although the lawsuit over the Penn Station project does not make such a claim, the lawyers noted that Vornado’s chief executive, Steven Roth, once boasted about letting a Manhattan property languish on purpose to spur the government to offer financial assistance. That site on Lexington Avenue later became the headquarters for Bloomberg LP.

Vornado declined to comment about blight in the Penn Station area, citing the lawsuit. handout

#blight #callingbullshit #nycrealestate

Last updated 2 years ago

joelepstein · @joelepstein
1 followers · 26 posts · Server urbanists.social