Real estate leaders push for immigration reform

TRD New York /
Nov.November 22, 2013 03:28 PM

New York’s real estate titans, including Boston Properties’ chairman Mort Zuckerman and Vornado Realty Trust’s Steven Roth, sent a letter to top Washington D.C. leaders urging Congress to pass comprehensive immigration reform.

“It is inexcusable to move this issue into the 2014 election year, when politics will again intrude on the country’s best interests,” reads the letter, sent to President Barack Obama, Republican House Speaker John Boehner and others. “We urge you to enact practical and humane immigration reforms now.”

The letter, seen by Crain’s, comes as Boehner stated Thursday that immigration reform was very much alive, but neglected to offer a timeline for a vote on any immigration legislation. It calls for passage of the “Dream Act,” which would which would provide conditional permanent residency to certain undocumented immigrants, and for an easier path to green cards and work visas for foreign nationals.

The signatories of the letter were corralled by Kathryn Wylde, president of the pro-business group Partnership for New York City. “Business and labor stand united in the pursuit of comprehensive immigration reform in this congress. America’s status as a land of opportunity is what is at stake,” she said in a statement to Crain’s. [Crain’s]Hiten Samtani


Related Articles

arrow_forward_ios
Vornado's Steve Roth and 220 Central Park South (Credit: Getty Images, iStock)

Free and clear: Vornado pays off debt at 220 CPS

Free and clear: Vornado pays off debt at 220 CPS
Vornado chairman and CEO Steven Roth, and 608 Fifth Avenue (Credit: Getty Images)

“Negative surprises”: Vornado execs talk retail struggles on Q2 earnings call

“Negative surprises”: Vornado execs talk retail struggles on Q2 earnings call
Steven Roth, CEO of Vornado and 640 Fifth Avenue (Credit: Getty Images and Vornado Realty Trust)

Bank of China issues $500M to Vornado in refi of 640 Fifth Avenue

Bank of China issues $500M to Vornado in refi of 640 Fifth Avenue
731 Lexington Avenue and 410 East 61st Street (inset) with Vornado's Steve Roth (Googel Maps; VNO)

Home Depot eyes former Bed Bath & Beyond space on First Ave

Home Depot eyes former Bed Bath & Beyond space on First Ave
220 Central Park South and Steve Roth (Google Maps, Getty)

Another 220 Central Park South condo sells for $61.6M

Another 220 Central Park South condo sells for $61.6M
(iStock)

Remote work threatens cash flows for office REITs

Remote work threatens cash flows for office REITs
Vornado CEO Steven Roth and TheMART (Getty, VNO)

What tenants are paying at Vornado’s theMART in Chicago

What tenants are paying at Vornado’s theMART in Chicago
Elie Tahari, 510 Fifth Avenue and Vornado chairman Steve Roth (VNO; Getty)

Vornado goes after Elie Tahari for bailing on Fifth Ave lease

Vornado goes after Elie Tahari for bailing on Fifth Ave lease
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...