Silver is asking the IG to review the procedures used by thestate Division of the Lottery "and other relevant state agencies"in reviewing bids for the contract to develop and operate a videolottery terminal facility at Aqueduct Racetrack. He is alsorequesting that Fisch inquire about how the state lottery will"assure that the conditions I conveyed to the governor on Jan. 29,and restated in my Feb. 3 letter to him, are met."

In that Feb. 3 letter, Silver warned Gov. David Paterson thatthe conditions the speaker mandated for his approval of theAqueduct deal are "not negotiable." Those conditions include: theAEG consortium paying a $300-million upfront licensing fee by March31; use of the existing footprint as the basis of a StateEnvironmental Quality Review Act approval on the normal timetable,with no requests for waivers or expedited approval; and ensuringthat all key AEG stakeholders obtain licenses from the statelottery.

A spokesman for Paterson says in a statement that all relevantdocuments, "including all submissions, bids and solicitations,"will be released Tuesday. "There is nothing to hide, and all ofthese documents were shared with the legislative leaders during theselection process."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.