NY1
Updated 4:59 PM Floyd Flake Pulls Out Of Aqueduct Racetrack Deal By: NY1 News An influential Queens minister is pulling out of a bid to bring thousands of video slot machines to the Aqueduct racetrack, amid reports that the project may be falling apart all together. While the Reverend Floyd Flake was not a huge part of the development, less than one percent to be exact, his name lent credibility to the project. Amidst a federal government and the state inspector general probe as to why his group was awarded the lucrative contract, Flake says he is through. "I have a continuing obligation to my community and the various projects I created and developed including but not limited to the church, its related school, the retail facilities we established in the community, the Senior Citizens Housing Project, the home care operation and many others,” Flake said in a statement released today. “Unfortunately, my ongoing participation in Aqueduct Entertainment has become a distraction that has taken me and my attention away from the community projects I created and nurtured." Investigators are probing whether the governor traded support for Flake's project in exchange for his political help, a charge the pastor dismissed last week on NY1’s political program “Inside City Hall.” "All teams had political players on them, and no matter how their process came out, I think the same issues would have evolved, no matter who did not get that bid,” Flake said. An unconfirmed report says another high-profile investor, Jay-Z, is also backing out. Meanwhile, another report says the Paterson administration is threatening to pull the plug on the group altogether because the investors missed a deadline to submit to background checks. A spokesperson for the Paterson administration has not yet returned requests for comments. The project is seen as key to development in southeast Queens, but it also matters city and statewide, as lawmakers are banking on the project pumping in hundreds of millions of dollars to the state budget. A representative of the group says it submitted all the paperwork on time, and wants to break ground as soon as possible. Copyright © 2010 NY1 News. All rights reserved. |
http://www.observer.com/2010/politic...-jay-z-out-aeg
Source: Flake, Jay-Z Out of AEG By Azi Paybarah March 9, 2010 Quote:
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On to round three...
http://www.nydailynews.com/news/2010...ueduct10m.html 'Unlicensable' AEG may be bounced from struggling Aqueduct racino project as early as today http://assets.nydailynews.com/img/20...ct_raceway.jpg BY Kenneth Lovett March 10th 2010 Quote:
The Saga of Aqueduct ... http://www.nydailynews.com/news/2010...cino_mess.html Quote:
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As predicted...
http://www.ny1.com/1-all-boroughs-ne...ct-racino-deal State Abandons Support For Aqueduct Racino Deal By: NY1 News Quote:
________________________________________ http://www.nypost.com/p/blogs/knicke...T6bQIwt4FwK5NL EXCLUSIVE: AEG threatens to sue state over nixed Aqueduct deal March 11, 2010 By CARL CAMPANILE Quote:
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Quote:
"Flake, a powerful reverend and former congressman, and Jay-Z, a multi-faceted rapper, each had less than 1 percent stake in the company. But, under new rules, had to submit detailed information about their personal finances, and that of their spouses. The two felt the confidentiality surrounding their personal information could not be maintained, according to a source." I wonder what they wish to hide? Could be standard or some rather juicy relationships... would be funny if it were found out the rev. owned some porn websites and jay-z was a gay bar king pin... back on topic. |
^ They probably just didn't want personal information released. That's the problem with being a celebrity and trying to do public business.
http://www.nytimes.com/2010/03/12/ny...2aqueduct.html Slot Machines at Aqueduct? No, Not Yet By RUSS BUETTNER and CHARLES V. BAGLI March 11, 2010 Quote:
http://blogs.wsj.com/developments/20...ks-interested/ Paterson Scraps Aqueduct Deal, Hard Rock’s Interested By A.D. Pruitt March 11, 2010 Quote:
http://in.reuters.com/article/consum...23658320100311 UPDATE 2-NY state must pick new Aqueduct slot vendor - Gov Fri Mar 12, 2010 By Joan Gralla Quote:
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http://www.nytimes.com/2010/03/15/ny...l?ref=nyregion
Bidders Lined Up for a Casino in the Future By RUSS BUETTNER March 14, 2010 Quote:
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This project just needs to die. Don't see what's so exciting about it.
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Quote:
http://www.nydailynews.com/news/2010...%28NY+Local%29 Gov. Paterson sees new Aqueduct racino plan within one month BY Oren Yaniv and Glenn Blain March 16th 2010 Quote:
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Meanwhile...
http://www.27east.com/story_detail.cfm?id=264801 County lawmakers look at possible sites for Shinnecock casinos By Rohma Abbas Mar 10, 2010 Quote:
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http://www.observer.com/2010/politic...winner-himself
Paterson Says He'll Just Pick the Aqueduct Winner Himself By Eliot Brown April 6, 2010 Quote:
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http://www.observer.com/2010/politic...again-aqueduct
State Tries, Tries Again at Aqueduct http://www.observer.com/files/full/slg.JPG By Eliot Brown May 11, 2010 Quote:
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http://www.nypost.com/p/news/local/s...v7LyGtwFJd9mmO
Swanky plans for Aqueduct http://www.nypost.com/rw/nypost/2010...g--300x300.jpg By JENNIFER FERMINO July 12, 2010 Quote:
http://www.nydailynews.com/news/2010...%28NY+Local%29 Genting Malaysia Berhad, now the odds-on favorite for Aqueduct slots, plans 'a first-class casino' http://assets.nydailynews.com/img/20..._racetrack.jpg BY Barbara Ross July 12th 2010 Quote:
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The epitome of taste.
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http://www.nypost.com/p/news/local/q...iom0dZP0NyIetM
Pols: Go-go a no-go for Aqueduct casino By BRENDAN SCOTT in Albany and CARL CAMPANILE in NY July 15, 2010 Quote:
http://www.globest.com/news/1704_170.../300884-1.html Restraining Order on Aqueduct Partly Lifted July 15, 2010 Quote:
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http://www.ny1.com/content/news_beat...-for-aqueduct/
Lone VLT Bidder Outlines Plan For Aqueduct By: Bobby Cuza 9/09/2010 Quote:
_____________________ http://www.nypost.com/p/news/local/b...3jKNXsvtqlhTVI Betting on real casino By CARL CAMPANILE August 10, 2010 Quote:
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http://www.observer.com/2010/real-es...nting-aqueduct
State Senate Green-Lights Genting for Aqueduct By Eliot Brown August 10, 2010 Quote:
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http://www.crainsnewyork.com/article...FREE/100819925
Aqueduct bidder wins final yea vote End of 9-year, 5-round bidding process in sight; Assembly Speaker Sheldon Silver casts his vote—the last of three needed—in favor of Genting building a racino at the old track. By Amanda Fung August 12, 2010 Quote:
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