The Real Deal Los Angeles

Trump gives Lorber, Roth shout-outs in victory speech

In celebration at Trump Tower, GOP front-runner name-drops Douglas Elliman, Vornado execs
By Hiten Samtani and Will Parker | April 20, 2016 02:00PM


From left: Howard Lorber, Donald Trump and Steve Roth

From the New York site: Donald Trump romped to victory Tuesday in the Republican primary in New York, and in a big departure from some previous speeches, he kept this one clean. The gloating was down to a minimum, he dropped the “Lyin’ Ted” moniker in favor of “Senator Cruz,” and he even remembered to thank his friends — many of them players in New York real estate.

“We have some of our great businessmen of the world,” Trump said, and then proceeded to name Howard Lorber and Bennett Lebow, respectively the CEO and chair of Vector Group, the parent company of Douglas Elliman. But he saved his biggest plaudits for the “great Steve Roth,” the tough-talking CEO of Vornado Realty Trust who is partners with Trump on 1290 Avenue of the Americas and an office complex in San Francisco.

“Steve’s building a big building on Central Park South,” Trump said, referring to 220 Central Park South, which Vornado has said it is spending an extraordinary $5,000 per square foot to build. “It’s a tremendous success. I said ‘Steve, congratulations on the building. He said: ‘Donald, it’s nothing compared to what’s happening with you.” He then pointed to Roth and said: “My man.”

Howard Lorber, who once told The Real Deal that Donald Trump was his hero “because of everything he’s accomplished,” recently declined to tell TRD if he thought Trump would make a good president. He similarly side-stepped a question on whether he would vote for Trump in a CNBC interview last month.

A number of other New York real estate players, however, have made their political preferences perfectly clear. Arthur Zeckendorf, Elie Hirschfeld, and Town Residential CEO Andrew Heiberger are among the handful of industry notables to give Trump the thumbs up. But others, like Warburg’s Frederick Peters and Hudson Companies’ David Kramer, have been outspoken in their disapproval of Trump’s campaign.