Thursday, March 10, 2011

Kruger scandal touches City Point in Downtown Brooklyn

The bribery scandal implicating State Senator Carl Kruger touches on some Downtown Brooklyn issues. In Developer at Brooklyn Navy Yard charged in federal bribery case, the Real Deal reports this:
Prosecutors allege Aaron Malinsky, a principal with PA Associates, made the payments to an entity called Olympian Strategic Development, wand that money was used to improperly benefit Kruger (see complaint below). Kruger allegedly received at least $1 million in bribes from Malinsky and others between 2006 and 2011, investigators said.
The article continues:
PA Associates is developing a 50,000-square-foot retail building at City Point in Downtown Brooklyn.
Read more here.