The Real Deal New York

Second EDC official hit with fine for accepting banned gifts

By Adam Pincus | September 23, 2008 04:23PM

A second official at the New York City Economic Development Corporation admitted to investigators that he accepted gifts from a developer that had contracts with the agency, according to a statement from the city’s Conflict of Interest Board.

Leonard Greco, a current vice president and project manager for the
EDC, was fined $2,000 for accepting gifts from
Kiska Construction, the board said.

City employees are prohibited from accepting gifts valued above $50 with firms that have or may have business with the city, and Greco accepted four meals valued at $197.73 from Kiska, the board said.

Yesterday the board said former vice president of capital programs, Nazir Mir, was fined $11,500 for admitting to accepting gifts from Kiska totaling $4,050, including a five-night stay for his newlywed son and daughter-in-law at a luxury hotel in Istabul, Turkey.

Kiska, based in Ankara, Turkey, has offices in Long Island City, and has been awarded three major contracts by the EDC, the board said.

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