Moreland Commission says corruption is rampant in Albany

Report looked at communications between politicians and developers including Extell, Silverstein and Thor Equities

TRD New York /
Dec.December 03, 2013 09:52 AM

A panel appointed by Governor Andrew Cuomo to investigate corruption at the state level said in a report issued Monday that it had found evidence of likely wrongdoing and called for an overhaul of New York’s elections and campaign finance laws.

The Moreland Commission to Investigate Public Corruption slapped several of New York City’s biggest developers — including Gary Barnett, Joseph Sitt and Larry Silverstein — with subpoenas back in August, demanding correspondence concerning tax breaks they received to build luxury condominiums such as One57 and 30 Park Place

“The commission’s preliminary observation is that both the general state of our political system, and the way business is transacted within it, cry out urgently for reform,” the report stated. “New York needs comprehensive reform to restore the public trust.”

The commission said it had found “deplorable conduct, some of it perfectly legal yet profoundly wrong; some of it potentially illegal.” It also described “a pay-to-play political culture driven by large checks,” according to a report from the New York Times. It recommended an overhaul of campaign fundraising laws, such as tighter limits on campaign contributions and the implementation of public financing for state elections.

Cuomo said in a statement to the Times that he looked forward to “continuing to work with the Legislature to enact systemic reform.” [NYT]  – Hiten Samtani


Related Articles

arrow_forward_ios
Governor Andrew Cuomo and Senator James Skoufis (Credit: Getty Images, NY Senate)

Owners of some residential properties can’t hide behind
LLCs anymore

Owners of some residential properties can’t hide behind
LLCs anymore
Governor Andrew Cuomo and 538 Johnson Avenue in Brooklyn (Credit: Google Maps and Getty Images)

Landlords take another hit: Cuomo signs expanded Loft Law

Landlords take another hit: Cuomo signs expanded Loft Law
Governor Andrew Cuomo (Credit: Getty Images)

Cuomo wants to exempt NYC from prevailing wage bill

Cuomo wants to exempt NYC from prevailing wage bill
Photo illustration of Gov. Andrew Cuomo, Judge C. Stephen Hackeling and Chief Justice Lawerence Marks (Getty, iStock)

Judge rules evictions guidance unconstitutional, moratorium invalid

Judge rules evictions guidance unconstitutional, moratorium invalid
Governor Andrew Cuomo (Getty)

Desperate to open, gyms plan class action against Cuomo

Desperate to open, gyms plan class action against Cuomo
Governor Andrew Cuomo and Mayor Bill de Blasio (Getty, iStock)

New York City indoor dining postponed indefinitely

New York City indoor dining postponed indefinitely
Gov. Andrew Cuomo (Getty)

Cuomo signs bill to extend eviction protections

Cuomo signs bill to extend eviction protections
A federal judge in New York has rejected claims by three landlords in that Gov. Andrew Cuomo’s eviction moratorium violates their rights. (Getty)

New York’s eviction moratorium still stands, court rules

New York’s eviction moratorium still stands, court rules
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...