Tag: corruption

Dec 6

2017

LPCiminelli scaling back operations

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LPCiminelli, the embattled construction firm reeling from the indictment of three of its executives, is shuttering half its business. The company is selling off its heavy construction equipment at an auction next week in anticipation of closing its general contracting arm. Rather than building facilities, LPCiminelli will focus on development and construction management. Subscribe to our weekly newsletter delivered Sundays to your inbox. The company has been under siege for three years, since Investigative Post exposed what federal investigators later determined was corruption in the state’s awarding of a contract to LPCiminelli to develop the Tesla solar panel manufacturing plant[...]

Posted 6 years ago

Jul 5

2017

Heaney talks “corruption coalition” on ‘Pressroom

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Jim Heaney tells Susan Arbetter of The Capitol Pressroom there’s a “corruption coalition” at play in Albany that explains the failure of the state Legislature to reform New York’s troubled economic development programs. Heaney also discusses the challenges faced by  investigative reporting.

Posted 7 years ago

Nov 15

2016

Second Buffalo Billion deal benefits Ciminelli

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U.S. Attorney Preet Bharara says the way LPCiminelli won the contract to build the SolarCity factory in Buffalo was criminal. The deal-making behind another Buffalo Billion project that LPCiminelli had previously landed, to build space for biotech company Albany Molecular Research Inc., bears some striking similarities to the way the company won the SolarCity work, Investigative Post has found. In both cases, for example, lobbyist Todd Howe worked for LPCiminelli and the state-affiliated economic development agency that managed Buffalo Billion projects and chose which companies would win contracts. Howe has pled guilty to federal corruption charges and is cooperating with[...]

Posted 7 years ago

Nov 9

2016

Tainted contract nets LPCiminelli $20 million

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Federal prosecutors say top executives at LPCiminelli went to great lengths to ensure they would win the lucrative contract to build a factory for SolarCity at Riverbend. Just how lucrative? State officials refuse to say how much the company is being paid. But Investigative Post has calculated, based on interviews and public records, that LPCiminelli’s fee for the project works out to between $20 million and $22 million. That’s one of the largest developer fees paid out in the region in recent years, because of the sheer size of the project, according to construction industry sources. Three LPCiminelli executives, including[...]

Posted 7 years ago

Oct 11

2016

‘Billion mastermind Kaloyeros resigns

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The fall from grace is just about complete for Alain Kaloyeros. The so-called “nano-tech guru” who Gov. Andrew Cuomo has praised as a “near genius” has resigned as CEO of SUNY Polytechnic Institute. His success building a nano-technology sector in the Albany area prompted Cuomo to put Kaloyeros in charge of his initiative to revitalize the upstate economy through a series a big-ticket projects in Buffalo, Dunkirk, Rochester, Syracuse and Utica. But reporting by Investigative Post into the awarding of a lucrative contract to LPCiminelli to build a factory for SolarCity triggered investigations by U.S. Attorney Preet Bharara and State Attorney General Eric[...]

Posted 8 years ago

Sep 23

2016

Double talk from Cuomo on ‘Billion indictments

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Gov. Andrew Cuomo obviously believes the best defense is a good offense. The governor came to town Friday, fresh off the indictment of three of his close associates and two of his major campaign contributors and attempted to claim victory. He told a gathering at the Albright-Knox Art Gallery that Buffalo is booming and announced a second phase of the Buffalo Billion program is coming as soon as Howard Zemsky figures out what it should involve. In short, Cuomo tried to change the topic. Only after his remarks before a sympathetic audience at the art gallery did he address the[...]

Posted 8 years ago

Apr 25

2013

Demone Smith’s continued defiance

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Gov. Andrew Cuomo, Attorney General Eric Schneiderman and Assembly Speaker Sheldon Silver are among those who have gone on record in favor of tougher enforcement of election laws and other statutes aimed at promoting ethical conduct on the part of public officials. The catalyst to these calls has been two recent high-profile corruption cases that snared New York City politicians. Not that we needed two indictments to know something is rotten in the Empire State. Look no further than the “D” grade the state received on a risk for public corruption report card issued by the Center for Public Integrity. Nor do[...]

Posted 11 years ago
Investigative Post

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