A New York deputy mayor disclosed Tuesday that he owned a little more than $5,000 in the stock of Forest City Enterprises which while controversial won't affect the construction of Barclays Center.
Howard Wolfson, deputy mayor for intergovernmental affairs, bought the stock in 2007 while a political consultant. He joined Mayor Michael Bloomberg's administration four months ago. Arena critics jumped on the disclosure as another example of conflicts of interest between the city and state on one hand and Bruce Ratner's projects on the other.
- Bloomberg staffer owns stock in company building B'klyn arena - Rich Calder - New York Post
- NYC deputy mayor owns stock in arena developer - AP
Deputy Mayor Wolfson owns $5000 of Forest City Enterprises shares; does it matter? Nah - Norman Oder - Atlantic Yards Report