The Profit Motive
Chairman Steve Roth told investors why Vornado is interested in the Madison Square Garden swap (we wrote about it this week) at an investors conference yesterday:
"We are about making money here on a grand scale," David Lombino reports in The Sun.
Well, at least he's honest.
Roth added: "As an unintended consequence, the city will benefit enormously from a new world-class arena and facility."
Unintended consequence?
-Matthew Schuerman
