An audit by the city comptroller's office found that the company hired by the NYC Economic Development Corporation to manage the city's commercial space in the historic South Street Seaport shortchanged the city $1.3 million in unpaid rent. Yikes. "This is more of the same-old from the EDC playbook," said Comptroller Liu, "hire a consultant to do your job and then doze off while that company stiffs the taxpayers for a pretty penny." Click through for the dirty details. [Comptroller's Office]
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