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Brookfield and Andrew Farkas win marina tug-of-war

by NYC RE feeds
January 23, 2015
Category:   RE News
From left: North Cove Marina and Andrew Farkas

From left: North Cove Marina and Andrew Farkas

Brookfield Property Partners and Andrew Farkas’ Island Global Yachting won a 10-year license to run the North Cove Marina in Downtown Manhattan.

Farkas is Governor Andrew Cuomo’s former boss, according to Capital New York, and donated $124,000 to the governor’s campaign. Brookfield has donated a total of $813,000 to the governor and the state Democratic party, according to the website.

The Battery Park City Authority awarded the companies the license, much to the dismay of the neighborhood’s local residents. Brookfield and Farkas Islandhave plan to invest $450,000 to upgrade the marina. [Capital NY] – Claire Moses

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