Roslyn 2019_02_01

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Serving Roslyn, East Hills, Roslyn Estates, Roslyn Harbor, Roslyn Heights, Harbor Hills, Greenvale, Old Westbury and North Hills

$1

Friday, February 1, 2019

Vol. 7, No. 5

GUIDE TO VALENTINE’S DAY

ESTATES INTRODUCES BOSWORTH TOUTS NEW TRUSTEE NEW INITIATIVES

PAGES 33-40

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Roslyn native scorched by Fyre Festival Grant Margolin, Roslyn High class of ’10, settled with SEC BY T E R I W EST With dueling documentaries on Hulu and Netflix, Fyre Festival has been reintroduced into the pop culture bloodstream a year and a half after it was revealed to have been a grand bust. One of the executives behind the festival who is depicted in the films grew up in Roslyn and was cited in a civil complaint by the Securities and Exchange Commission alongside CEO Billy McFarland. Grant Margolin, 26, was the festival’s chief marketing officer. He first began working with McFarland and his business partner rapper Ja Rule on an earlier venture, Magnises, which sold black credit cards touted as membership passes to exclusive events. In reality, McFarland said in the “Fyre Fraud” documentary streaming on Hulu, the card was crafted by transferring the magnetic strip from one’s official credit card to one designed to look like

the traditionally hard-to-get black cards. The exclusive events were in a townhouse from which McFarland was eventually evicted for disrepair. “Grant was a Magnises member who called me one day yelling about 20 things we could improve on, and we said, ‘Why don’t you come fix it for us,’” McFarland said in “Fyre Fraud.” “And that was the start of the relationship.” Margolin also worked alongside McFarland on the Fyre Media app, a platform marketed as a tool for booking artists. The documentaries depict him as part of McFarland’s reckless management, dutifully following orders even as the Fyre Festival’s prospects disintegrated. McFarland settled with the SEC for $27.4 million in July and is spending six years in prison for fraud. Margolin agreed to a $35,000 fine and neither admitted to nor Continued on Page 58

PHOTO COURTESY OF JUSTIN SCHIAVO

Justin Schiavo with his engineering project, which earned him one of 40 finalist spots in the Regeneron Science Talent Search.

Roslyn’s Justin Schiavo named Regeneron finalist BY J E D HENDRIXSON

“My career goals are very unrealistic but very optimistic,” the Roslyn High School student said. One day, 18-year-old Justin “I want to be part of the story that Schiavo said, he wants to be be- makes humans an interplanetary hind the first manned mission to species.” He has already taken steps Mars.

toward that goal, one of which experts in the field have deemed an achievement by selecting him as one of top 40 students in a nationwide science competition. Schiavo and Herricks High Continued on Page 58

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Roslyn 2019_02_01 by The Island 360 - Issuu