Despite being accused last month of squandering $300,000 in Battery Park City Authority funds on superfluous things like extravagant parties and lunches, former BPCA president Jim Cavanaugh is now gainfully employed at Empire Strategic Planning, a state lobbying firm.
Cavanaugh’s term as president of the BPCA spanned five years, but he stepped down from the post a month before he was accused of mismanaging finances and playing favorites; he is still eligible for retirement benefits. Cavanaugh labeled the Inspector Generalâ€™s report about his activities as â€œnonsenseâ€ when it was released.
DNAInfo reports that Empire Strategic Planning was launched by former Republican Senator Nicholas Spano in 2007. Spano and Cavanaughâ€™s relationship dates back to when Cavanaugh served as Spanoâ€™s communications director early in his Senatorial career.
“With new leadership in Albany on both sides of the political aisle, this is a good time for the firm to expand our expertise and our staffing,” Spano said in a statement. “This is a particularly critical time for those seeking to navigate state and local governments, and we intend to be in a strong position to provide assistance to those who need it.”
Spano said that he is aware of the Inspector General’s report regarding Cavanaughâ€™s issues, but told The Daily News that he was not having reservations about hiring Cavanaugh.
What do you think of the accusations levied at Cavanaugh?