DOWNTOWN EXPRESS

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VOLUME 24, NUMBER 50 May 2-15.2012

130 LIBERTY CONTRACTOR ADMITS TO MASSIVE BILKING SCHEME B Y ALI NE REYNOLDS end Lease, the international construction company responsible for tearing down the Deutsche Bank building at 130 Liberty St. has admitted to a massive fraud scheme amounting to several million dollars in lost funds for its clients. However, the Lower Manhattan Development Corporation, the state-city agency that contracted Lend Lease to demolish the 9/11-battered tower, managed to avoid the worst of the scam. Lend Lease, previously known as Bovis Lend Lease, has overcharged private clients as well as the L.M.D.C. and several other government agencies for more than a decade, according to the U.S. Attorney’s Office of the Eastern District of New York, which filed the fraud charges against the firm early last week. The company has also been involved in the construction of the PATH station, the Fulton Street Transit Center and the National Sept. 11 Memorial. The agencies overseeing those projects weren’t available for comment by press time. The L.M.D.C., for one, had implemented a scrupulous billing process that narrowly prevented the fraud from affecting the

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Downtown Express photo by MILO HESS

LOOK! IT’S A BIRD, IT’S A PLANE… IT’S A WOMAN HANGING IN THE AIR! Families attending the 11th Annual Tribeca Family Festival Street Fair, hosted by the Tribeca Film Festival, were treated to an aerial array of activity along Greenwich Street on Saturday. More photos on page 16.

May Day demos offer prelude to summer awakening B Y Z A C H W IL L IA MS broad range of progressive activists staged a series of May Day demonstrations in an effort to further their mission of crucial social, political and economic change. Labor unions, immigration rights groups and Occupy Wall Street comprise the core coalition that organized the May 1 events throughout New York City. Activists expressed outrage throughout Manhattan against bank bail-outs, cor-

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porate influence on politics, American militarism, income inequality and other issues in the form of marches, rallies, teach-ins and even a “guitarmy” of about 100 guitar players. Thousands of demonstrators participated in an afternoon rally at Union Square and a march all the way down Broadway to the vicinity of Bowling Green Park. As of press time, only a handful of arrests were recorded and no major disruptions had occurred, despite the occupiers’ request for tunnels and

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bridges entering Manhattan to be shut down. The citywide events were part of a national effort that also included demonstrations in Chicago, Los Angeles, Oakland and other cities across the country. The protesters’ hope was that the “day without the 99 percent” would mark the beginning of renewed efforts from the O.W.S. movement to reclaim the national attention they Continued on page 19

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