Sunday, October 21, 2018

Was the Nassau Coliseum deal a play-to-pay transaction?

From the NY Post:

One of Gov. Cuomo’s biggest donors has landed a $1 billion-plus contract to develop the land surrounding Nassau Coliseum — infuriating other bidders whose proposals were solicited, then discarded, by government officials.

“It’s pure pay-to-play,” said one of the developers frozen out of the mega deal who told The Post he wants a federal investigation.

The developer, along with 16 others, submitted proposals this summer at the behest of Nassau County, which was looking to finally transform the sprawling property around the newly renovated stadium, which is now mostly a parking lot.

But the county didn’t follow through with the proposals — making an unexpected announcement in early September that it would instead award the “Nassau Hub” project to a joint venture that included Scott Rechler’s company, RXR Realty Investments. The plan includes two hotels, 500 housing units and office and biotech research facilities, along with 200,000 square feet of retail space.

Rechler is a Cuomo-appointed member of the MTA board, and a former Cuomo pick on the Port Authority board, who — along with his family members and corporations — has donated at least $548,982 to the governor’s campaigns since 2009.

He is also a big donor to Nassau County Executive Laura Curran, and was a member of her transition team before she took office in January 2018. Rechler, his family and company have given $50,000 to Curran’s campaign.

6 comments:

Anonymous said...

last time I was there it took me an hour to get out of the parking lot. they can develop all they want, but i'll take the train to barclay's next time

Anonymous said...

How ironic that Charles Wang who fought so hard to save this property died today. RIP Charles.

Anonymous said...

Both Nassau & Suffolk county's have become the same corrupt democrat infested cesspools as the city.--only with $15-25K taxes, FINISHED and straight on the express tracks to hell.
Has anybody seen the Cross Island Parkway Traffic without the Belmont race track running. Its jammed from Throgs Neck Bridge ramp to the Southern State parkway
One is now better off staying put in the city.

Anonymous said...

Of course it was pay-to-play, and the stupid voters in the surrounding area would vote for him again when this manipulative socialist runs for president.
Looking at the names involved in this deal these people are also all East Hampton summer friends & neighbors, you can bet this all has been cooking behind closed doors for a long time

JQ LLC said...

This crooked deal benefiting a big shot developer donor and member of Cuomo's MTA board was not even mentioned in that farcical gubernatorial debate last night.

All of Mario's son's friends are in jail. Since there is no doubt that this silver spoon fed turd and Trump's neoliberal equal is getting re-elected, lets hope that he will get indicted for this in the next year.

Anonymous said...

Yep. The CIP rivals the LIE in traffic. I commute it everyday. Can't wait to see the effect an unecessary hockey arena will have on it.