Tangled Web-FRMC-FSMC-ZEN Connections

Ref: http://www.bizjournals.com/albany/news/2016/06/24/suny-polys-tangled-weba-business-model-built-on.html Written 6/24/16

• FRMC
• FSMC
• First Niagara (provided $20 million in financing)  see http://zitiaffair.blogspot.com/2016/10/frmc-amasses-475-million-debt.html
• Columbia
• Destito (state data center-in Zen Building??)
• EYP (in Zen building)
• M+W (in Zen building)

Direct quote from article
"Fort Schuyler Management Corp., a real estate arm of SUNY Poly, is overseeing that project. The university in a statement last year said the two organizations “followed every rule, regulation, and law at every stage of the process and have been completely open and transparent in navigating through New York State’s process for approving economic development projects, project contracts and disbursement of economic development funds.”"