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Billionaire investor Sam Zell calls congressman's argument about Amazon's New York HQ2 deal a 'crock
Source: Business Insider
Billionaire investor Sam Zell calls congressman's argument about Amazon's New York HQ2 deal a 'crock of s---' in a hot-mic moment
Bob Bryan 1h
The billionaire real-estate investor Sam Zell wasn't buying New York Rep. Gregory Meeks' argument about negotiations over Amazon's abandoned plan to place its second headquarters, known as HQ2, in New York City, apparently describing the lawmaker's call for a more "inclusive" process as a "crock of s---."
During an interview with CNBC on Wednesday, Meeks, whose district borders the area in Queens where Amazon planned to place HQ2, said most elected officials in New York wanted the e-commerce giant to come to the city.
Meeks also argued that the pushback that led Amazon to pull the plug on the New York headquarters was from a small group of city and state lawmakers and that most also wanted to negotiate with Amazon to ensure that minority communities in the area benefitted from the project.
Zell did not buy the argument.
"I just think, Congressman Meeks, that what you're describing is tyranny of the minority," Zell said during the segment. "I think this deal with Amazon is going to go down in history as one of the great mistakes that politicians made in their own interest and disregarding the interest of the state of New York."
-snip-
Bob Bryan 1h
The billionaire real-estate investor Sam Zell wasn't buying New York Rep. Gregory Meeks' argument about negotiations over Amazon's abandoned plan to place its second headquarters, known as HQ2, in New York City, apparently describing the lawmaker's call for a more "inclusive" process as a "crock of s---."
During an interview with CNBC on Wednesday, Meeks, whose district borders the area in Queens where Amazon planned to place HQ2, said most elected officials in New York wanted the e-commerce giant to come to the city.
Meeks also argued that the pushback that led Amazon to pull the plug on the New York headquarters was from a small group of city and state lawmakers and that most also wanted to negotiate with Amazon to ensure that minority communities in the area benefitted from the project.
Zell did not buy the argument.
"I just think, Congressman Meeks, that what you're describing is tyranny of the minority," Zell said during the segment. "I think this deal with Amazon is going to go down in history as one of the great mistakes that politicians made in their own interest and disregarding the interest of the state of New York."
-snip-
Read more: https://www.businessinsider.com/sam-zell-hot-mic-new-york-city-amazon-hq2-argument-is-crock-of-shit-2019-3
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