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Old Posted Mar 13, 2015, 9:51 PM
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Submariner Submariner is offline
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Quote:
Originally Posted by NYguy View Post
^ I don't know that Trump would need it. He gets things done, and not all of the developers in action now have a highe "prestige" so to speak.
Think of it like this; when someone needs debt and equity financing for any of the major projects we see going up (anything from Hudson Yards, 220 CPS, etc) they need to go to large banks (JPM, BofA, Goldman, etc) or P/E firms (Blackstone, etc) or overseas syndicates, none of whom will look favorably upon a Trump-like figure. I'm not saying it isn't possible for him to get the financing for a development of this magnitude, but Vonado, SL Green, Extel, Silverstein all have impressive recent and long term track records WRT large, complicated developments, while Donald Trump made a mockery of himself on The Apprentice.
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