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 solomon@forward.com or on Twitter @DanielJSolomon
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
Now more than ever, American Jews need independent news they can trust, with reporting driven by truth, not ideology. We serve you, not any ideological agenda.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and the protests on college campuses.
Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.
Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly.
— Rachel Fishman Feddersen, Publisher and CEO
Join our mission to tell the Jewish story fully and fairly.