In the News: CB1 Member Pleads Guilty to Criminal Tax Fraud

••• “A longtime Community Board 1 member—and former partner in prestigious law firm Hughes Hubbard and Reed—has pleaded guilty to criminal tax fraud […] Jeff Galloway, 61, admitted in Manhattan Criminal Court Thursday that he failed to file and pay his personal income taxes from 2005 to 2010 […] When Galloway was confronted by New York Department of Taxation and Finance in 2012, he lied to investigators, saying he had filed his tax returns, but that he had made a typographical error with his Social Security number in the paperwork, prosecutors said. He then proceeded to file fraudulent, amended taxes in a bid to cheat the system, prosecutors said.” —DNAinfo

••• “Months of complaints about overgrown vegetation on the West Street Promenade have resulted in action. At Tuesday night’s meeting of the Battery Park City Committee of Community Board 1, the Battery Park City Authority announced that it had reached an agreement with other stakeholders—primarily the City and State governments—that will allow it to take on greater responsibility for maintaining the area.” —Broadsheet

One World Observatory 102••• “I call on Legends, the operator of the [1WTC] observatory, to issue a free pass to anyone who can prove—through a lease, electric bill, etc.—that he or she was a resident of Battery Park City, Tribeca or the Financial District at the time of the attacks,” writes a writer who was 7 years old and living in Battery Park City during 9/11. —New York Post

••• “I lost $100M—and I’ve never been happier.” —Battery Park City resident Suzanne Corso, whose lifestyle took a hit when she and her husband lost everything in the financial crisis. —New York Post

••• Sometime Tribecan Iris Smith is a member of a women-only syndicate that invests in racehorses. —New York Times

 

3 Comments

  1. I do think the residents who were here and stayed for the past 13 1/2 years should have been represented at the opening of 1 WTC like we were when the Memorial and Museum opened. My daughter and I were able to tour the Museum when it opened free of charge along with the family members and rescue workers. I felt it was a very special time to be able to tour it as people who lived through the tragedy and who watched as the entire site was rebuilt. I don’t know how it would have felt to have had to share the experience with the throngs of tourists who don’t have the same connection to this neighborhood.

  2. Suzanne Corso’s made lemonade out of a whole bunch of lemons. Kiddos to you Suzanne.

  3. Tax fraud perpetrated by a member of cb1 bpc committee…no surprise there.

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