Saturday, December 22, 2007

Board: Doctoroff can keep working on big projects

The Conflicts of Interest Board has given Daniel Doctoroff, the city's development chief, the green light to continuing working on Moynihan Station and Hudson Yards during his remaining weeks at City Hall. In a letter sent to first deputy mayor Patti Harris today, the board granted Doctoroff the required waiver to act on behalf of the city with his two bread-and-butter projects. The potential conflict arose when Doctoroff announced that he would resign in January to become president of Bloomberg L.P., the financial news service firm founded by the mayor. The issue centered on the landlord at Bloomberg L.P.'s Lexington Avenue building, Vornado Realty, which plans to rebuild Moynihan Station and bidding on a lucrative deal to redevelop the massive Hudson Yards. more By James Kelly

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source: therealdeal.net

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