Well, now he's meeting his match--a mayor who's willing to take the wheel rather than let the developer drive.
The Wall Street Journal reported, in an article headlined Mayor Battles Vornado in Boston:
Real-estate mogul Steven Roth is widely respected as the chairman and driving force behind Vornado Realty Trust.Chances of that happening with Forest City Ratner's Atlantic Yards site? Very unlikely.
But not in Boston.
The city's mayor, Thomas Menino, sent a scathing letter to Mr. Roth last month in which he threatened to have the city seize a major development site from a Vornado-led group for failing to build there in a timely way.
The mayor's threat represents a new front in the use of "eminent domain," a legal process under which private owners can be forced to sell their property to a city or state to make way for a project in the public interest.