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February 21, 2007
ESDC being audited, but not over Atlantic Yards
Atlantic Yards Report
Charles Gargano, the former head of the Empire State Development Corporation, could be in some hot water for running the pubic authority like a "family business."
Norman Oder offers this analysis of the State Comptroller's ongoing audit of Gargano's reign and what might have been:
An inquiry in this case certainly seems legitimate. Then again, an inquiry into the ESDC's questionable Atlantic Yards fiscal impact analysis issued last December also would have been legitimate.
However, that's when Comptroller Alan Hevesi was negotiating his exit under a cloud of allegations and essentially crippled in his job. This audit was already ongoing.
Posted by lumi at February 21, 2007 10:41 PM