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Old Posted Dec 1, 2016, 12:02 AM
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chris08876 chris08876 is offline
NYC/NJ/Miami-Dade
 
Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,768
More BS... For a nice project, a pier that is a park, this has a shitload of issues. Jeez!

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Nonprofit waging battle against Pier55 ordered to disclose its funding

Quote:
A small nonprofit that launched a multipronged and pricey legal battle against Barry Diller's 2.7-acre Pier55 project along the Hudson River has not filed required financial-disclosure tax forms since 2003.

The City Club of New York has filed three lawsuits against the pier-to-park project that would connect to Hudson River Park near West 14th Street. And Diller, a media mogul who is ponying up most of the development's $200 million cost, has publicly accused real estate titan Douglas Durst of secretly funding the legal campaign.

Earlier this month, following questions from Crain's, New York state Attorney General Eric Schneiderman issued the nonprofit a violation, and ordered it to file financial-disclosure documents that could offer clues to the inner workings of the organization.

"We were not aware until very recently of the state requirement and are cooperating with the state to get our filings up to date as quickly as possible," City Club President Michael Gruen said in a statement.

Diller and the Hudson River Park Trust announced plans for the park two years ago. Shortly afterward, City Club filed three separate lawsuits to try to stop it. The organization lost one of the suits in October; the other cases are pending against the state Department of Environmental Conservation and the Army Corps of Engineers.

City Club is small enough to be exempt from filing a Form 990—which would also list the organization's members—but even small nonprofits are required to fill out a less comprehensive disclosure form, something the group has not done with the state since 2003. While City Club was dormant for many years, it has become active recently, coming out against Bloomberg-era plans to rezone midtown east in 2013 and later suing over a plan to redevelop a swath of auto shops in Willets Point, Queens.

A spokesman for City Club said that it plans to file disclosure forms for the most recent fiscal year tomorrow, and will work back through prior years. While that form could offer clues to how the nonprofit has managed so many legal disputes, it is unlikely any connection to Durst will surface beyond Diller's accusations.
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http://www.crainsnewyork.com/article...o-disclose-its