Goldman Sachs Sells Warehouse for Immigration Detention
New York City News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
U.S. Senator Andy Kim is challenging Goldman Sachs over their sale of a warehouse in New Jersey to Homeland Security for a potential immigration detention center. The bank sold the property for more than double its tax-assessed value, citing investor obligations. Local opposition is strong, with concerns about infrastructure strains and social impacts. Goldman Sachs has faced criticism for allegedly hiding behind legal excuses, and New Jersey Governor Mikie Sherrill has threatened state action to block the center.
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