Steve Cohen’s Amazin’, Maddening, Money-Losing Bid to Own New York

Steve Cohen’s Amazin’, Maddening, Money-Losing Bid to Own New York

“Even if it’s potentially strategic humility,” he stated, “it’s still humility.”

Last 12 months, Cohen hosted de Blasio’s successor, Mayor Eric Adams, to talk about building concepts at Citi Field, incomes the eye of different potential on line casino bidders. Cohen, who in 2021 gave greater than $1 million to an Adams-boosting tremendous PAC, has additionally visited Zero Bond, the personal Manhattan membership the place Adams has been a typical. (Cohen’s daughter has served as the distance’s curator.)

Already, the lads have discovered instance to collaborate. Pressured remaining 12 months to carry vaccination necessities for professional athletes primarily based within the town after Kyrie Irving, then with the Nets, refused to comply, Adams was once vulnerable to exchange the coverage however gave the impression delicate to complaint that he was once caving to one participant. Cohen was once situated to lend a hand them each: The mayor introduced the ban’s finish no longer on the Nets’ house area however at Citi Field — the place, because it came about, a number of unvaccinated Mets would had been sidelined, too.

“Cohen is the de facto king of New York,” stated Neal Kwatra, a veteran political strategist, prior to sizing up the landlord’s former tormentor. “Bharara is doing podcasts.”

Told of the observation, Cohen smiled.

“It’s funny,” he stated, “how the world turns.”

Of all of the Mets’ throwback indignities — late-season collapses, less-than-amazin’ ability, little-sibling standing in its town — the Bobby Bonilla contract stands aside.

Every July 1, Bonilla, 60, who remaining performed in 2001, collects a seven-figure test. Rather than pay out the remainder $5.9 million on Bonilla’s contract, the Mets agreed to ship him just about $1.2 million yearly from 2011 via 2035, one of these maneuver that was synonymous with the franchise’s mismanagement and small-time wheeler dealing.



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