Johnson: ferry report signals need for authority reform
by James M. Odato
Sen. Craig Johnson said his Committee on Investigations and Government Operations’ report on the expensive mistake made by the Governors Island Preservation and Education Corp., which bought a ferry it never used, shows the need for reform of the public authorities.
He also blasted GIPEC for making a “disingenuous apology for the purchase of a rusted and unusable ferry in a debacle that wasted nearly $900,000 in taxpayer funds.”
ALBANY – A state Senate panel yesterday called for an overhaul of the Governors Island Preservation and Education Corp. after the state agency sank nearly $1 million into a dilapidated ferry that it later sold on eBay – for just $23,600.
ELMONT, N.Y. -- Senator Craig M. Johnson, (D-Nassau), Chairman of the Senate Standing Committee on Investigations and Government Operations, announced he will be holding a hearing on the condition of the New York Racing Association's finances, its threat to hurt the local economy by canceling the Belmont Stakes, and how NYRA used a $105 million taxpayer-funded bailout.