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Ravitch files financial disclosure form

July
10

   Richard Ravitch, who was appointed lieutenant governor Wednesday, filed a 2008 financial disclosure statement dated Tuesday with the state Commission on Public Integrity. Gov. David Paterson named Ravitch, 76, to the job, but he has not been able to start. Senate Republicans have filed for a permanent injunction, and the case is due back in court Wednesday.

   Ravitch, who is married to Kathleen Doyle, lists 24 businesses and organizations he belongs to as a director, chairman, member or trustee. The state asks officers and employees to fill out any compensated honorary positions but not membership or uncompensated honorary positions.

  —He is a director of the Parsons Brinckerhoff Group, an international engineering, design and program management firm; Alphatec Spine Inc./Alphatec Holdings Inc.; the Fund for Public Health in New York Inc.; the Park Avenue Armory; the America-Israel Friendship League; the Richard Ravitch Foundation Inc.; and the Sports & Arts in Schools Foundation. He receives a directors fee from Parsons Brinckerhoff and Alphatec.

  —He is a member of Ravitch Rice & Co., which he does consulting for; Rice & Ravitch LLP; Ravrice Holdings LLC; Waterside Plaza LLC (rental real estate); and Waterside Management Co. LLC (real-estate management firm). Ravitch states he is not active in the Rice & Ravitch law firm.

  —He is a trustee of the Mount Sinai Medical Center; 2006 Richard Ravitch Retained Annuity Trust; 2007 Richard Ravitch Retained Annuity Trust; Richard Ravitch Qualified Personal Residence Trust; Lewis Davis Insurance Trust; Trust U/W Sylvia L. Ravitch F/B/O Susan R. Buksbaum; Joseph Ravitch 1999 Trust; and the Century Foundation (a public-policy research group).

  —He is on the board of governors of the Franklin & Eleanor Roosevelt Institute.

  —He is chairman of the advisory board of the AFL-CIO Building Investment Trust; chairman of the board of trustees of the AFL-CIO Housing Investment Trust; and chairman of the board of trustees of the AFL-CIO Investment Trust Corp. He receives a directors fee from the Building Investment Trust and Housing Investment Trust.

   Ravitch receives partnership income from about a dozen other ventures not listed above. He submitted three-and-a-half typed pages of treasury bills, bonds and stocks and other holdings for his spouse and him that are over $1,000.

   Doyle is chairperson/CEO of William Doyle Galleries Inc. and part owner of KMD LLC comercial rental.

   As per state law, the value/amount categories are blacked out in disclosure documents released to the public.

This entry was posted on Friday, July 10th, 2009 at 8:51 pm by Cara Matthews.
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A behind-the-scenes look at state government and politics from the Capitol bureau of Gannett News Service.
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About the authors
Jay GallagherJay Gallagher has covered Albany for Gannett News Service since 1984 and has been Albany Bureau chief since 1989. He`s a native of the Boston area and likes to point out that in this millennium, the score is Red Sox 1 championship, the Yankees 0.
Cara MatthewsCara Matthews has been a statehouse correspondent in the Albany Bureau since August 2005. Prior to that, she covered Putnam County government and politics at The Journal News for nearly five years. Before that, she worked at newspapers in Connecticut and covered the state Legislature for one of them.

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