{"id":346,"date":"2023-12-11T21:41:22","date_gmt":"2023-12-11T21:41:22","guid":{"rendered":"https:\/\/tableofsuccess.mysites.io\/?p=346"},"modified":"2023-12-18T13:02:02","modified_gmt":"2023-12-18T13:02:02","slug":"marc-holliday","status":"publish","type":"post","link":"http:\/\/tableofsuccess.mysites.io\/marc-holliday\/","title":{"rendered":"Marc Holliday"},"content":{"rendered":"\n
Back in 2009, when Marc Holliday and SL Green were courting the state for the contract to build a casino at the Aqueduct racetrack in Queens, the real estate company hired Bill Lynch<\/a>, a former deputy mayor to David Dinkins, to lobby on their behalf.<\/p>\n\n\n\n Given Lynch’s relationship<\/a> with then-Brooklyn State Senator Eric Adams, this was an astute choice. As chair of the Senate’s Racing and Wagering Committee, Adams had a crucial role in selecting the winning slot machine company.<\/p>\n\n\n\n As Adams himself put it<\/a>, “Bill is my political mentor.” <\/p>\n\n\n\n It wasn’t enough. SL Green lost the bid to AEG, a rival company that had cut rapper Jay-Z<\/a> in on the action. AEG had hired different lobbyists who were also friends of Adams such as Rev. Floyd Flake\u2014whose church Adams once announced<\/a> that he’d be providing private security<\/a> for the Rev. Al Sharpton\u2014and lobbyist Carl Andrews, whom Adams had replaced in the State Senate.<\/p>\n\n\n\n At the time, AEG’s victory shocked many observers, because the company\u2019s proposal gave the state $100 million less than that of its competitors. Accusations of bid-rigging flew, Governor David Paterson distanced himself from the decision, and the state inspector general’s office investigated the bidding process. In a blistering report<\/a>, the IG found that information about the process was leaked<\/a> to AEG’s lobbyists, that the state senators responsible for selecting the bid got campaign donations from groups tied to AEG\u2014Adams got $6,500\u2014and that Adams and other lawmakers attended a “victory party” for the company right after the choice was publicly announced, a move that the IG’s office<\/a> said showed that Adams exercised “exceedingly poor judgment.” <\/p>\n\n\n\n While the report did not result in any criminal charges, some of the lawmakers in the report would later be convicted of unrelated felonies, and the whole mess helped Republicans take control of the State Senate in 2010. (Adams said<\/a> at the time that his behavior was “above reproach.”)<\/p>\n\n\n\n When the dust settled, a different company, Genting, ultimately wound up with the contract to build the Aqueduct casino, which quickly became one of the most profitable slot parlors<\/a> in America. <\/p>\n\n\n\n Fourteen years later, SL Green still wants to build a casino in New York City, and once again finds itself needing to get in the good graces of Eric Adams.<\/p>\n<\/div>\n\n\n