Builder admits payoffs to ex-Hudson exec |
Wednesday, 23 June 2004 |
Builder admits payoffs to ex-Hudson exec
For $115,000, political contributor won $10 million in government funds
Joseph Barry, a politically active builder whose luxury homes and shopping
complexes have reshaped towns throughout New Jersey , admitted yesterday paying
nearly $115,000 in bribes to win government financing for a project on the
Hoboken waterfront⦠Barry told U.S. District Judge Joel Pisano, was a ""reward"" for
Janiszewski's help in getting almost $10 million in government grants and loans
for the Shipyard, a 45-acre riverfront housing and shopping complex in Hoboken.
Unbeknownst to Barry, Janiszewski at the time was cooperating with the FBI
after being caught taking bribes from another contractor.
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