Carol Massar

John Schreiber also with us, president and CEO of the New Jersey Performing Arts Center.

And we do want to get to this gift that...

you have made lead to the New Jersey PAC.

We often talk with you about markets, but we also do take note of your philanthropy.

Why this investment, 50 million donation to the New Jersey Performing Arts Center, the largest individual gift in the Arts Center's history.

Why did you do that?

He's extremely close.

Understood.

And, you know, one of the things we want to do, Lee, is actually talk to John Schreiber about what this money means to him.

You know, Lee, I think about I want to bring you back in here.

I think about this political environment that we are in.

And, you know, with the government shutdown, money not going to different states for different projects.

We know the importance of both public private sector and government.

making cities more secure and creating economic activity and kind of spreading the wealth, if you will, among citizens.

And I wonder if there's a kind of a big, broad observation for you, especially like as we talked about a little bit earlier, this kind of politically divided environment and the economic and market consequences of such.

John, I want to bring you back in here.

As president and CEO of the New Jersey Performing Arts Center, you talked about the impact of this money, but I have done things at NJIT.

We've done live broadcasts from there.

We have seen Audible and Amazon and some of the different companies that have invested in that area, and we've seen kind of the starts and stops.

of of certainly newark as a whole a city that is certainly got quite a storied history right um tell us what you can about the economy of newark right now and again you know i think when we look at cities we get a better picture of america as a whole