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New Yorkers Protest Income Inequality at Billionaire’s Condo Building

HeadlineApr 17, 2015

In New York City, protesters continued the fight against income inequality following Wednesday’s historic protests for a $15-an-hour minimum wage and the right to unionize. On Thursday, activists marched to One57, a luxury building where a condo recently sold for $100 million, becoming the most expensive single residence ever purchased in New York City. The protesters targeted Bill Ackman, billionaire founder and CEO of Pershing Square Capital, who owns a condo in the building, for profiting off investments in Burger King and private prison firm Corrections Corporation of America.

Daniel Ismael Aguilar: “Bill Ackman is one of the largest stakeholders in poverty wages.”

Sabaah Folayan: “They’re treating prisons as a real estate investment. They’re banking on the occupation of these prisons to return their investments, which means they’re banking on black and brown men, women and children being put into these facilities so that they can make money.”

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