"That's a phrase that often companies hide behind to try to defer their responsibilities for the actions that they're taking. I certainly don't buy that. Goldman Sachs and its partner, Dalfen Industrial, sold the facility to the federal government last month for $129.3 million, more than double its official value listed on tax records."
"ICE plans to hold as many as 1,500 people at the site as part of President Donald Trump's mass deportation effort. In a statement, the bank said the property had sat vacant for two years and that it had an obligation to its investors to sell it."
"Roxbury Township's all-Republican council had passed a resolution in January against ICE's plans for the site, which is the size of eight football fields, saying it would be an unmanageable burden on local infrastructure and water resources."
Goldman Sachs and Dalfen Industrial sold a Roxbury, New Jersey warehouse to the Department of Homeland Security for $129.3 million, more than double its assessed tax value. The facility will be converted into one of the largest immigration detention centers in the country, with ICE planning to hold up to 1,500 people as part of the Trump administration's mass deportation efforts. Senator Andy Kim criticized Goldman Sachs' claim of fiduciary duty to investors, calling it a corporate excuse to avoid responsibility. The sale faced opposition from residents and politicians across party lines, including local Republicans. Kim introduced legislation to prevent the deal, though he acknowledged limited legal recourse. Local Roxbury Township officials determined that local legislation cannot effectively block federal government action.
Read at Gothamist
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