Skip To Content

Support the Forward

Funded by readers like you DonateSubscribe
Fast Forward

Trump Real Estate Buddies LeFrak and Roth Talk Infrastructure Plan

Richard LeFrak and Steve Roth, New York real estate giants and members of President Trump’s working group on infrastructure, dished this week on how to rebuild the country’s aging roads, bridges and other facilities.

Appearing at a Washington, D.C. event, the two could not nail down the specifics of the president’s proposal, even as LeFrak bragged that he had Trump’s ear.

“Some of us do have the president’s ear from time to time, and so if that means the commission will have some authority, that’s the authority,” the mega-landlord said. He complained about excess regulations and too little funding hampering infrastructure upgrades.

Roth, the head of Vornado Trust Realty, discussed a plan that would involve $1 trillion in infrastructure spending, financed through a combination of public and private partnerships.

He added that the United States had fallen behind foreign powers on infrastructure. “We’re now competing with countries on the rise that are building new airports — 3, 4, 5 a year,” he said. “We’ve got a little bit of catch up.”

Contact Daniel J. Solomon at [email protected] or on Twitter @DanielJSolomon


Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.