Steve Roth's Big Deal
The story on
the Madison Square Garden flip in the current issue of the
Observer showed how Steven Roth, chairman of Vornado, would win big if the deal goes through. We have since learned that the idea for moving the Garden goes all the way back to 2003, and that it wasn’t Roth who thought of it, at least according to one insider’s account, but rather two executives at
the state economic development agency in charge of the redeveloping the Farley Post Office, the back end of which may one day make way for the arena.
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Peter Waldt
