2011-05-16T18:04:50-04:00 2010-06-30 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 2600 INDIANAPOLIS IN 46204 990 2009-07-01 132577233 New York City Economic Development Corp NEWY 2123123855 110 WILLIAM STREET NEW YORK NY 10038 KYLE KIMBALL 2011-05-16 3176817000 2009 2016-02-24 21:20:13Z KYLE KIMBALL 110 WILLIAM STREET NEW YORK NY 10038 768754043 false X WWW.NYCEDC.COM X 1991 NY NYCEDC FUNCTIONS AS NEW YORK CITY'S PRIMARY ENGINE FOR ECONOMIC DEVELOPMENT, LEVERAGES THE CITY'S ASSETS, DRIVES ECONOMIC GROWTH AND DIVERSITY, AND CREATES AND RETAINS JOBS. 23 23 578 0 0 0 543809446 619861050 70009207 109340004 3303976 823974 36743876 38729015 653866505 768754043 0 0 0 0 26922463 23970528 0 0 0 681517449 725004539 708439912 748975067 -54573407 19778976 482426197 570369874 291706199 359763283 190719998 210606591 NYCEDC'S MISSION IS TO ENCOURAGE ECONOMIC GROWTH IN EACH OF THE FIVE BOROUGHS OF NEW YORK CITY BY STRENGTHENING THE CITY'S COMPETITIVE POSITION AND FACILITATING INVESTMENTS THAT BUILD CAPACITY, GENERATE PROSPERITY AND CATALYZE THE ECONOMIC VIBRANCY OF THE CITY AS A WHOLE. false false 742153125 148069019 THE CITY AND NYCEDC HAVE ENTERED INTO THE NYCEDC MASTER CONTRACT UNDER WHICH NYCEDC HAS BEEN RETAINED TO PERFORM VARIOUS SERVICES PRIMARILY RELATED TO THE RETENTION AND EXPANSION OF INDUSTRIAL AND COMMERCIAL DEVELOPMENT WITHIN THE CITY, INCLUDING AMONG OTHERS (1) FACILITATING COMMERCIAL AND INDUSTRIAL DEVELOPMENT PROJECTS, (2) STABILIZING AND IMPROVING INDUSTRIAL AREAS IN THE CITY, (3) ADMINISTERING PUBLIC LOAN, GRANT AND SUBSIDY PROGRAMS ON BEHALF OF THE CITY, (4) ENCOURAGING DEVELOPMENT OF INTRASTATE, INTERSTATE AND INTERNATIONAL COMMERCE WITHIN THE CITY, AND (5) MANAGING AND MAINTAINING CERTAIN CITY-OWNED PROPERTIES. 742153125 true true false true false false false true false true false true false false false false false false false false false false false true false false false false false false true true false false false false true true true false false true 33 0 true 578 true false false false false false false false false false 23 23 true false false false true true false true true false true false false true true true true true false false true true NY X X KYLE KIMBALL 2123123855 110 WILLIAM STREET NEW YORK NY 10038 Tony Barsamian 1.0 X 0 0 0 Rev AR Bernard Sr 1.0 X 0 0 0 Sharon Y Bowen 1.0 X 0 0 0 William Candelara 1.0 X 0 0 0 Peter Davidson until 11110 1.0 X 0 0 0 Angela A Chao 1.0 X 0 0 0 Nicholas Dmytryszyn 1.0 X 0 118552 51357 Joseph I Douek 1.0 X 0 0 0 Alan B Friedberg 1.0 X 0 0 0 Victor Ganzi 1.0 X 0 0 0 Alaina Gilligo 1.0 X 0 129940 56290 Stanley Komaroff until 1009 1.0 X 0 0 0 Robert Lieber 1.0 X 0 212575 92087 Vicki Match Suna 1.0 X 0 0 0 Melva Miller 1.0 X 0 82771 35856 Mario J Palumbo Jr 1.0 X 0 0 0 Jeffrey Pash 1.0 X 0 0 0 Rosa Alexandria until 1009 1.0 X 0 156140 67640 Mark E Russo 1.0 X 0 0 0 Rafaek Salaberrios until 61510 1.0 X 0 0 0 Carlo A Scissura 1.0 X 0 146694 63548 Robert J Strang 1.0 X 0 0 0 George Twill 1.0 X 0 0 0 Leonard Wasserman 1.0 X 0 163025 70622 Rev Reginal Williams 1.0 X 0 0 0 Kathryn S Wylde 1.0 X 0 0 0 Alfred D Youngwood 1.0 X 0 0 0 Seth Pinsky 35.0 X 197019 0 34904 John Cicerello as of 2210 35.0 X 0 0 0 Melvin Glickman 35.0 X 154408 0 28938 Meredith J Jones 35.0 X 172812 0 31515 Kyle Kimball 35.0 X 144567 0 15069 David Lombino 35.0 X 115250 0 7321 Tokumbo Shobowale 35.0 X 166411 0 41274 Steve Strauss 35.0 X 145000 0 22661 Maria Torres 35.0 X 149770 0 24658 Joshua Wallack 35.0 X 139137 0 18283 Madelyn Wils 35.0 X 170145 0 34561 Jason Wright 35.0 X 172812 0 42170 Hardy Adasko 35.0 X 141758 0 37822 Maureen Babis 35.0 X 122200 0 24429 Dean Bodnar as of 61010 35.0 X 0 0 0 Lee Benedict 35.0 X 147420 0 40223 Maryann Catalano 35.0 X 98866 0 31817 David Ehrenberg 35.0 X 90520 0 29744 James Gallagher 35.0 X 152795 0 15891 Susan Goldfinger 35.0 X 145800 0 39996 J Thomas Jones 35.0 X 137285 0 37196 David Kane 35.0 X 154548 0 41221 Lynn Kelly 35.0 X 106052 0 32823 Liza Kent 35.0 X 142892 0 38859 Alyssa Cobb Konon 35.0 X 71280 0 9979 Dmitri Konon 35.0 X 122307 0 36707 Venetia Lannon 35.0 X 126360 0 35666 Steve Lazarus 35.0 X 129210 0 36065 Lisa Lugo 35.0 X 139154 0 6948 Christopher Malin 35.0 X 142269 0 37894 Thomas McKnight 35.0 X 116600 0 35908 Ricardo Niles 35.0 X 141750 0 26569 Patrick O' Sullivan 35.0 X 107481 0 29918 Luigi Pedalino 35.0 X 121722 0 34191 Kristine Pizzo 35.0 X 134279 0 26033 Euan Robertson 35.0 X 137810 0 19584 Peyton Sise 35.0 X 152720 0 40965 Ian Smith 35.0 X 160347 0 40425 Howard Spieler 35.0 X 129068 0 36045 Becky Ta as of 61010 35.0 X 0 0 0 Lawton Thomas 35.0 X 123000 0 23944 Daniel Zarrilli 35.0 X 130638 0 36265 Judith Capolongo 35.0 X 123083 0 24553 Richard Marshall 35.0 X 150448 0 40647 Mark Silversmith 35.0 X 155617 0 39762 Christine Nicastro 35.0 X 105923 0 32805 Donna Sevarino 35.0 X 53846 0 3660 Marie Wilcox aka Marysa Wambu 35.0 X 114400 0 16016 Ann Weisbrod-HUD YD DEV CORP 35.0 X 189881 0 22000 Andrew Winters-CITY HALL 35.0 X 184034 0 43741 David Farber-HUD YD DEV CORP 35.0 X 183621 0 36084 Michael Meola 35.0 X 177818 0 19536 Louis D'Amico-HUD YD DEV CORP 35.0 X 171720 0 36084 6963853 1009697 1936769 44 false true false Weisz Yoes Architecture 224 Centre St 5 FL NEW YORK NY 10013 Architectural SVCS 386991 Beyer Blinder Belle 41 East 11th St NEW YORK NY 10003 ARCHITECTS 207252 Ernst and Young PO Box 96550 WHITE PLAINS IL 60693 Accounting services 200326 Robert J Daigella PE 44 Raven Drive ALBANY NJ 07960 Consulting services 180364 Mohamed Elwakil 525 East 72nd street FLUSHING NJ 10021 Consulting services 181531 6 619861050 619861050 Power Sales 531390 53275525 53275525 Real Estate Sales 531390 1396041 1396041 Developer Contributions 531390 1431400 1431400 Interest Income from Loans 531390 1507050 1507050 INCOME FROM EXEMPT AFFILIATE 531390 51729988 51729988 109340004 823974 823974 0 0 0 0 0 0 42nd Street Project Revnue Sharing 531390 21643650 21643650 Fee Income 531390 16512449 16512449 Freshkills Project Revenue 531390 170721 170721 402195 402195 38729015 768754043 148069019 0 823974 0 0 0 0 6250197 3151772 3098424 0 7295598 7295598 3406366 2681581 724785 6396076 4134134 2261942 622291 144151 478140 0 166043 166043 192608 192608 0 0 0 0 30415 30415 4436564 4436564 670512 670512 0 7728592 7728592 149484 149484 0 144479 144479 31665 31665 0 1053983 1053983 228660 228660 CONTRACT/OTHR EXP TO CITY 142650668 142650668 Project Costs 44047227 44047227 Program Costs 470697470 470697470 Utility Expenses 52321429 52321429 Bad Debt Expense 454741 454741 748975067 742053124 6921942 0 8585 4500 135244230 159441845 177484982 167336041 45048306 39373909 6639295 108443118 824488 870240 7239343 3364415 2325907 3874928 42612541 54751516 0 100000 72237863 36173777 482426197 570369874 129411219 126399794 89557640 72279434 3368835 3668995 69368505 157415060 291706199 359763283 X 87362764 108781014 103357234 101825577 190719998 210606591 482426197 570369874 X false true true X true true X 300896147 381283168 589727937 543809446 619861050 2435577748 300896147 381283168 589727937 543809446 619861050 2435577748 2435577748 6064499 8646542 7596929 3303976 823974 26435920 2462013668 837932485 0.98926 0.98650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false true false false true true false false PART IV SUPPLEMENTAL INFORMATION THE TIME SPENT ON ANY OF THESE ACTIVITIES WAS NOT A SUBSTANTIAL PART OF NYCEDC'S ACTIVITIES. USING A HIGHLY CONSERVATIVE METHODOLOGY, NYCEDC BELIEVES THAT THE ABSOLUTE MAXIMUM IT COULD HAVE SPENT ON THESE ACTIVITIES WOULD AT MOST BE 3.17% OF ALL OF NYCEDC'S EXPENDITURES. NYCEDC BELIEVES THAT IT LIKELY SPENT SIGNIFICANTLY LESS THAN THAT AMOUNT. TO ARRIVE AT THE PERCENTAGE FIGURE, WE HAVE ATTRIBUTED THE FULL-TIME SALARY OF ANY NYCEDC EMPLOYEE WHO MAY OR COULD HAVE ENGAGED IN ANY OF THE ACTIVITIES AS WELL AS A PRO RATA SHARE OF THE RENT AND GENERAL ADMINISTRATIVE EXPENSES ALLOCABLE TO SUCH EMPLOYEES. USING THE FULL-TIME SALARIES OF SUCH EMPLOYEES SIGNIFICANTLY OVERESTIMATES THE ACTUAL TIME SPENT ON ANY OF THESE ACTIVITIES BUT ASSISTS US IN DETERMINING THAT THE AMOUNT RESPONSIVE TO PART II-B(1)(J) COULD NOT BE MORE THAN 3.17% OF ALL OF NYCEDC'S EXPENDITURES. false true 710620 310343 400277 6528723 3054072 3474651 3874928 Accrued Interest Receivable 3004718 Due from Apple Industrial Deve 8379096 Other assets 87000 other receivables 16792963 land deposits in escrow 7910000 36173777 0 DEPOSITS ON PENDING SALES OF RL EST 6689100 DUE T0 CITY OF NEW YORK-PROJECTS 113799363 Retainage Payable 18581013 Deferred interest income 240000 OBLIGATION FOR OTHER POST-EMP BENEF 17989744 other liabilities - non-current 88356 other liabilities - current 27484 157415060 Tenant Escrow Accounts Schedule D Part IV We required all tenants to pay two months rents as security deposit at DEPOSIT AT THE TIME THE LEASE IS EXECUTED. THE ORGANIZATION WILL REFUND SECURITY DEPOSIT ONCE TENANT VACATES PREMISES PROVIDED THERE ARE NO OUTSTANDING AMOUNTS OWED OR DAMAGES TO PREMISES. X true true false false false false false false false false false Nicholas Dmytryszyn 0 118552 0 0 0 0 0 0 0 51357 0 169909 0 0 Alaina Gilligo 0 129940 0 0 0 0 0 0 0 56290 0 186230 0 0 Robert Lieber 0 212575 0 0 0 0 0 0 0 92087 0 304662 0 0 Rosa Alexandria until 1009 0 156140 0 0 0 0 0 0 0 67640 0 223780 0 0 Carlo A Scissura 0 146694 0 0 0 0 0 0 0 63548 0 210242 0 0 Leonard Wasserman 0 163025 0 0 0 0 0 0 0 70622 0 233647 0 0 Seth Pinsky 197019 0 0 0 0 0 27583 0 7321 0 231923 0 0 0 Melvin Glickman 154408 0 0 0 0 0 21617 0 7321 0 183346 0 0 0 Meredith J Jones 172812 0 0 0 0 0 24194 0 7321 0 204327 0 0 0 Kyle Kimball 144567 0 0 0 0 0 8345 0 6724 0 159636 0 0 0 Tokumbo Shobowale 166411 0 0 0 0 0 23298 0 17976 0 207685 0 0 0 Steve Strauss 145000 0 0 0 0 0 4685 0 17976 0 167661 0 0 0 Maria Torres 149770 0 0 0 0 0 6682 0 17976 0 174428 0 0 0 Joshua Wallack 139137 0 0 0 0 0 18283 0 0 0 157420 0 0 0 Madelyn Wils 170145 0 0 0 0 0 14977 0 19584 0 204706 0 0 0 Jason Wright 172812 0 0 0 0 0 24194 0 17976 0 214982 0 0 0 Hardy Adasko 141758 0 0 0 0 0 19846 0 17976 0 179580 0 0 0 Lee Benedict 147420 0 0 0 0 0 20639 0 19584 0 187643 0 0 0 James Gallagher 152795 0 0 0 0 0 9167 0 6724 0 168686 0 0 0 Susan Goldfinger 145800 0 0 0 0 0 20412 0 19584 0 185796 0 0 0 J Thomas Jones 137285 0 0 0 0 0 19220 0 17976 0 174481 0 0 0 David Kane 154548 0 0 0 0 0 21637 0 19584 0 195769 0 0 0 Liza Kent 142892 0 0 0 0 0 20005 0 18854 0 181751 0 0 0 Dmitri Konon 122307 0 0 0 0 0 17123 0 19584 0 159014 0 0 0 Venetia Lannon 126360 0 0 0 0 0 17690 0 17976 0 162026 0 0 0 Steve Lazarus 129210 0 0 0 0 0 18089 0 17976 0 165275 0 0 0 Christopher Malin 142269 0 0 0 0 0 19918 0 17976 0 180163 0 0 0 Thomas McKnight 116600 0 0 0 0 0 16324 0 19584 0 152508 0 0 0 Ricardo Niles 141750 0 0 0 0 0 19845 0 6724 0 168319 0 0 0 Luigi Pedalino 121722 0 0 0 0 0 14607 0 19584 0 155913 0 0 0 Kristine Pizzo 134279 0 0 0 0 0 8057 0 17976 0 160312 0 0 0 Euan Robertson 137810 0 0 0 0 0 0 0 19584 0 157394 0 0 0 Peyton Sise 152720 0 0 0 0 0 21381 0 19584 0 193685 0 0 0 Ian Smith 160347 0 0 0 0 0 22449 0 17976 0 200772 0 0 0 Howard Spieler 129068 0 0 0 0 0 18069 0 17976 0 165113 0 0 0 Daniel Zarrilli 130638 0 0 0 0 0 18289 0 17976 0 166903 0 0 0 Richard Marshall 150448 0 0 0 0 0 21063 0 19584 0 191095 0 0 0 Mark Silversmith 155617 0 0 0 0 0 21786 0 17976 0 195379 0 0 0 Ann Weisbrod-HUD YD DEV CORP 189881 0 0 0 0 0 22000 0 0 0 211881 0 0 0 Andrew Winters-CITY HALL 184034 0 0 0 0 0 25765 0 17976 0 227775 0 0 0 David Farber-HUD YD DEV CORP 183621 0 0 0 0 0 16500 0 19584 0 219705 0 0 0 Michael Meola 177818 0 0 0 0 0 19536 0 0 0 197354 0 0 0 Louis D'Amico-HUD YD DEV CORP 171720 0 0 0 0 0 16500 0 19584 0 207804 0 0 0 Supplemental Compensation Information PART III AS PRESIDENT OF NEW YORK ECONOMIC DEVELOPMENT CORP., SETH PINSKY RECEIVES A CAR ALLOWANCE BASED ON RETURN TRIP MILES BETWEEN WORK MEETINGS AND HOME, THE VALUE OF WHICH IS INCLUDED IN HIS TAXABLE INCOME. LEE BENEDICT SEE SCHEDULE O 400000 SEE SCHEDULE O false LEE BENEDICT SEE SCHEDULE O 600000 SEE SCHEDULE O false GEORGE TWILL SEE SCHEDULE O 63821 SEE SCHEDULE O false SCHEDULE O SUPPLEMENTAL INFORMATION FORM 990, PART VI, QUESTION 2 DMITRI KONON AND ALYSSA COBB KONON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, QUESTION 6 THE MEMBERS OF THE CORPORATION SHALL BE TWENTY-SEVEN IN NUMBER, CONSISTING OF SIXTEEN PERSONS APPOINTED BY THE MAYOR OF THE CITY OF NEW YORK, SIX OF WHOM SHALL BE APPOINTED BY THE MAYOR DIRECTLY, FIVE OF WHOM SHALL BE APPOINTED BY THE MAYOR UPON NOMINATION BY THE BOROUGH PRESIDENTS OF THE CITY OF NEW YORK (EACH BOROUGH PRESIDENT NOMINATING ONE MEMBER) AND FIVE OF WHOM SHALL BE APPOINTED BY THE MAYOR UPON NOMINATION OF THE SPEAKER OF THE COUNCIL OF THE CITY OF NEW YORK, ONE PERSON APPOINTED DIRECTLY BY THE MAYOR OF THE CITY OF NEW YORK AFTER CONSULTATION WITH NEW YORK CITY PARTNERSHIP, INC., WHO SHALL BE THE CHAIRPERSON OF THE BOARD OF DIRECTORS OF THE CORPORATION AND TEN PERSONS APPOINTED BY THE CHAIRPERSON FROM A LIST OF PERSONS APPROVED BY THE MAYOR OF THE CITY OF NEW YORK. THE SIXTEEN PERSONS APPOINTED PURSUANT TO ABOVE DIRECTLY BY THE MAYOR OF THE CITY OF NEW YORK OR UPON NOMINATION OF THE BOROUGH PRESIDENTS OF THE CITY OF NEW YORK OR THE SPEAKER OF THE COUNCIL OF THE CITY OF NEW YORK SHALL IN EACH CASE BE A PUBLIC OFFICIAL OR A PERSON PROMINENT IN THE FINANCIAL, COMMERCIAL, INDUSTRIAL, PROFESSIONAL OR LABOR COMMUNITY OF THE CITY OF NEW YORK. THE CHAIRPERSON AND TEN PERSONS APPOINTED BY HIM/HER SHALL IN EACH CASE BE A PERSON IN THE FINANCIAL, COMMERCIAL, INDUSTRIAL OR PROFESSIONAL COMMUNITY OF THE CITY OF NEW YORK AND SHALL NOT BE A PUBLIC OFFICIAL. A MEMBER MAY BE AN OFFICIAL OR EMPLOYEE OF THE CITY OF NEW YORK OR ANY AGENCY OF THE CITY OF NEW YORK. A MEMBER WHO IS AN OFFICIAL OR EMPLOYEE OF THE CITY OF NEW YORK OR AGENCY OF THE CITY OF NEW YORK SHALL SERVE AS SUCH IN THE FURTHERANCE OF THE CITY OF NEW YORK. IF NEW YORK CITY PARTNERSHIP, INC. SHALL BE RENAMED OR SHALL CONSOLIDATE OR MERGE WITH ANY ORGANIZATION, THE ORGANIZATION AS RENAMED OR SUCH CONSOLIDATED OR MERGED ORGANIZATION SHALL BE THE ENTITY WITH WHICH THE MAYOR OF THE CITY OF NEW YORK CONSULTS IN SELECTING THE CHAIRPERSON. ANY QUESTIONS AS TO SUCCESSION SHALL BE CONCLUSIVELY RESOLVED FOR ALL PURPOSES BY COUNSEL FOR THE CORPORATION. MEMBERS SHALL BE APPOINTED ANNUALLY PRIOR TO OR ON THE DATE OF THE ANNUAL MEETING OF MEMBERS. EACH MEMBER, INCLUDING MEMBERS APPOINTED TO FILL VACANCIES AS PROVIDED BELOW, SHALL SERVE AS UNTIL THE APPOINTMENT OF HIS/HER SUCCESSOR OR HIS/HER EARLIER DEATH OR RESIGNATION. IF AT ANY TIME THERE IS LESS THAN THE PRESCRIBED NUMBER OF APPOINTED MEMBERS, THE MAYOR OF THE CITY OF NEW YORK, IN THE CASE OF A MEMBER APPOINTED BY HIM/HER, OR THE CHAIRPERSON, IN THE CASE OF A MEMBER APPOINTED BY HIM/HER, MAY APPOINT A PERSON HAVING THE QUALIFICATIONS TO BE SUCH A MEMBER TO FILL SUCH VACANCY, PROVIDED THAT APPOINTMENT OF A MEMBER TO FILL A VACANCY SHALL BE MADE IN THE MANNER PRESCRIBED ABOVE FOR THE APPOINTMENT OF MEMBERS. THERE SHALL BE A MEMBERSHIP SELECTION FOR THE ELECTION OF DIRECTORS AND OF ALTERNATIVES FOR SUCH DIRECTORS WHICH SHALL BE COMPRISED OF ALL THE MEMBERS. ONLY SUCH MEMBERSHIP SHALL BE ENTITLED TO ELECT DIRECTORS AND THEIR ALTERNATIVES. FORM 990, PART VI, QUESTION 7A PURSUANT TO NYCEDC BY-LAWS, THE MEMBERS ELECT DIRECTORS WHO SERVE ON NYCEDC'S BOARD OF DIRECTORS. THE BOARD OF DIRECTORS IS NYCEDC'S GOVERNING BODY. FORM 990, PART VI, QUESTION 10B THE SOLE MEMBER OF NYC ENTREPRENEURIAL FUND LLC IS NYCEDC. NYC ENTREPRENEURIAL FUND LLC IS A DISREGARDED ENTITY OF NYCEDC. ALL ACTIONS BY NYC ENTREPRENEURIAL FUND LLC ARE TAKEN BY NYCEDC PERSONNEL AUTHORIZED BY NYCEDC'S BOARD TO ACT ON BEHALF OF NYC ENTREPRENEURIAL FUND LLC. AS NYCEDC CONTROLS ALL ACTIONS TAKEN BY NYC ENTREPRENEURIAL FUND LLC, IT ENSURES THAT THE OPERATIONS OF NYC ENTREPRENEURIAL FUND LLC ARE AT ALL TIMES CONSISTENT WITH ITS OWN OPERATIONS. FORM 990, PART VI, QUESTION 12C NYCEDC REQUIRES ITS SALARIED OFFICERS AND EMPLOYEES TO AGREE IN WRITING TO BE BOUND BY THE RESTRICTIONS RELATING TO CONFLICTS OF INTEREST AS SET FORTH IN CHAPTER 68 OF THE CITY CHARTER. CHAPTER 68 RESTRICTS OUTSIDE POSITIONS AND INTEREST, ACCEPTANCE OF VALUABLE GIFTS, DISCLOSURE OF CONFIDENTIAL INFORMATION, POST EMPLOYMENT ACTIVITIES, AND OTHER ACTUAL OR PERCEIVED CONFLICTS OF INTEREST. EMPLOYEES ARE RESPONSIBLE FOR READING AND COMPLYING WITH THESE POLICIES. SPECIFIED EXEMPT EMPLOYEES ARE REQUIRED TO FILE FINANCIAL DISCLOSURE FORMS AND MUST UNDERGO A BACKGROUND INVESTIGATION WITH THE DEPARTMENT OF INVESTIGATION (DOI). BOTH DOI AND THE NEW YORK CITY CONFLICTS OF INTEREST BOARD REQUIRE CERTAIN CITY EMPLOYEES TO FILE ANNUAL FINANCIAL DISCLOSURE FORMS. PURSUANT TO A REQUEST BY THE MAYOR AND A RESOLUTION BY NYCEDC'S BOARD OF DIRECTORS: NYCEDC HAS AGREED TO FOLLOW THE CITY'S FINANCIAL DISCLOSURE PROCEDURES. FORM 990, PART VI, QUESTION 19 NYCEDC'S CERTIFICATE OF INCORPORATION, BY-LAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE GENERALLY AVAILABLE TO THE PUBLIC THROUGH THE WEBSITE OF NYCEDC, AT HTTP://WWW.NYCEDC.COM. CONFLICTS OF INTEREST CHAPTER 68 OF THE NEW YORK CITY CHAPTER IS AVAILABLE TO THE PUBLIC ON THE CONFLICTS OF INTEREST BOARD WEB SITE AT HTTP://WWW.NYC.GOV/HTML/CONFLICTS. NYCEDC IS SUBJECT TO THE NEW YORK STATE FREEDOM OF INFORMATION LAW AND EACH OF THESE DOCUMENTS IS ALSO AVAILABLE ON REQUEST MADE PURSUANT TO SUCH LAW. FORM 990, SCHEDULE L, PART IV IN CONNECTION WITH LINE 28B, NYCEDC HAD TWO CONTRACTS WITH PB AMERICAS, INC. THAT WERE ACTIVE DURING 2010. LEE BENEDICT'S WIFE IS AN OFFICER OF PB AMERICAS, INC. THE FIRST CONTRACT (CONTRACT NO. 25280001) WAS WORTH $400,000 FOR THE PERIOD OF AUGUST 17, 2006 TO APRIL 30, 2010. THE SECOND CONTRACT (CONTRACT NO. 37270001) WAS WORTH $600,000 FOR THE PERIOD OF AUGUST 11, 2008 TO FEBRUARY 15, 2011. IN CONNECTION WITH LINE 28C, NYCEDC ENTERED INTO A LEASE AT BROOKLYN ARMY TERMINAL WITH CRYSTAL LAKE TRADING INC., AND TWILL REALTY LLC BROKERED THE DEAL. GEORGE TWILL IS PRESIDENT OF TWILL REALTY LLC, AND UNDER THE BROKER'S AGREEMENT, NYCEDC AGREED TO PAY TWILL REALTY $63,281 IN BROKER'S FEES. NYC ENTREPRENEURIAL FUND LLC CO NYCEDC 110 WILLIAM STREET NEW YORK NY 10038 272123982 ECO DEVELOP NY 0 100000 NA APPLE INDUSTRIAL DEVELOPMENT CORP 110 WILLIAM STREET NEW YORK NY 10038 133010779 ECO DEVELOP NY 501(C)(3) 9 na THE CITY OF NEW YORK 110 WILLIAMS STREET NEW YORK NY 10038 136400434 GOVERNMENT NY 115 NA false false true false false false false false false false false false true true false true false true Apple Industrial Development Corp r 51729988 Apple Industrial Development Corp p 21190461