Penny-Stock Pataki

“It’s tremendous,” the Hon. George Pataki said at a party last year, standing inside a brand-new, 36-foot geodesic dome. It had just been built for a biodegradable plastics company named Perf Go Green, whose board he’d joined the previous spring. There was artificial grass on the ground and music from instruments called the drum orb Read More

The Biggest Shrug

For years, the World Trade Center occupied a prominent stage in New York politics, as elected officials jostled over questions of design, governance and delays before an engaged public audience. But as the eighth anniversary of the terrorist attacks of Sept. 11 approaches and the redevelopment once again is tied up in delays and hurdles, Read More

The Afternoon Wrap: Monday

  • Following Tom Robbins‘ expose, the state Comptroller will begin an audit into the Empire State Development Corporation. Did Charles Gargano funnel state funds to pay rent for his nephew? That would make him a bad leader–but an excellent uncle. [Real Deal]
  • Why is England such a grander country? Whereas our Read More

  • Gargano Wraps Up Milstein Site

    The last remaining parcel in the 42nd Street redevelopment plan gets sorted out in the final days of the Pataki Administration.

    Charles Gargano, chairman of the Empire State Development Corporation, announced in a press release on Thursday that the deal with SJP Properties and Prudential Real Estate Investors, which purchased the Eighth Avenue corner Read More

    Atlantic Yards Approval Could Be Delayed By Impact Statement Snafu


    Spitzer may get a shot at Atlantic Yards.

    The Empire State Development Corporation announced on Monday it had to delay the final environmental impact statement (FEIS) for the Atlantic Yards project. It seems, according to a release from corporation Chairman Charles Gargano, that some public comments were not included in the FEIS. It was Read More

    Port Authority Says Stewart International Airport Is Next In Line

    Port Authority commissioners endorsed Stewart International Airport near Newburgh, N.Y., as the preferred site for the next New York City-area airport on Thursday when they unanimously authorized the bi-state agency to hire outside consultants to see how the two-runway airport, serving half a million passengers a year, could be made to carry more.

    Chairman Read More