Winning Aqueduct Bidder Loses a Partner

aeg 0 Winning Aqueduct Bidder Loses a Partner Aqueduct Entertainment Group, the winning bidder to develop a casino-type operation at the Queens Racetrack, is losing a member. The group today announced that Darryl Greene had dropped out of the team, losing his 0.6 percent stake in the bid.

This better explains how AEG, which is battling a whirlwind of negative attention given allegations that political favoritism led to its selection, can meet Assembly Speaker Sheldon Silver’s conditions for completing the deal to develop Aqueduct, as it has claimed it will be able to do. Among other conditions, Silver required that no person convicted of a felony within the past 15 years be on the winning team, nor could anyone convicted of tax evasion or misappropriation of funds. (The Post labeled Greene a felon, but AEG’s representatives say this is false; he pled guilty to a misdemeanor). 

Greene, who heads the Darman Group, was also the subject of a Post article that reported companies connected to him owe the state more than $1 million in taxes.

Here’s Mr. Greene’s statement.

“The Video Lottery Terminal development at Aqueduct is a critical project for the community, Queens and the State. I believe very strongly in the abilities of Aqueduct Entertainment Group, particularly the local development team of Levine Builders, Turner Construction and GreenStar Services, along with the jobs they will create and the product they will produce.  It is for that reason that I will step aside and relinquish all interest and potential interest in the project, and with Aqueduct Entertainment Group.” 

In a statement, AEG member Jeff Levine, a New York developer who has been taking a lead in the public statements in recent days, said the Darman Group’s minority share will not be taken up by new investors as a result of the resignation.



Article continues below
More from Politics
(FILES): These two file photos show then Labor Secretary Thomas Perez (L) speaking to reporters about the minimum wage for federal contractors at the White House in Washington, DC, on Feburary 12, 2014; and Minnesota Democratic Congressman Keith Ellison (R) during a press conference about Islamophobia at the National Press Club on May 24, 2016 in Washington, DC.

US Democrats, licking their wounds from last year's election debacle, will pick a new leader on February 25, 2017 to take the fight to President Donald Trump and his Republicans. The race to chair the Democratic National Committee (DNC) features front-runners Tom Perez, a Hispanic-American and former secretary of labor under Barack Obama who is the establishment pick, and Keith Ellison, a black Muslim congressman from the party's progressive wing who has left open the prospect of pushing to impeach Trump. / AFP / Mandel NGAN AND Brendan SMIALOWSKI        (Photo credit should read MANDEL NGAN,BRENDAN SMIALOWSKI/AFP/Getty Images)
Sanders 2020 Just Became Much More Likely With Tom Perez as DNC Chair