New York
Robert Wood Johnson IV is the billionaire owner of the New York Jets, an American football team which plays in New Jersey, as its crosstown rivals, the New York Giants, also do. Big Bagel real estate is much too expensive to waste on football stadiums, or so the saying goes. Mayor Mike Bloomberg is also a billionaire, and the two of them — the trust-fund baby and the self-made one — have recently joined in an unholy alliance to make Woody the IV even richer.
Let’s take it from the top. Some time ago, Woody the IV craned his neck from across the Hudson River, where his Jets were going through their paces, and noticed an enormous parcel of unbuilt real estate on lower Manhattan’s west side riverfront. I suppose his heart must have skipped a beat or two, and surely must have felt a bit like Colombus’s upon first encountering land back in 1492.
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