Richard Lipsky, a former lobbyist for Echo Bay developer Forest City Ratner, received a sentence of three months in federal prison in connection to his political corruption guilty plea. The New York Times is reporting Lipsky's lenient sentence is in consideration of his (Lipsky's) "substantial credit for his cooperation" and, according to a 4 page letter issued from the office of Preet Bharara, U.S.Attorney for the Southern District of New York "substantial assistance in the investigation and prosecution of numerous other persons".

At the time of his entering a guilty plea in January, Mr Lipsky was facing up to 10 years in jail as a result of a broad investigation that included bribing a politician in return for favors that would benefit his clients. Among those involved were Brooklyn Democratic State Senator Carl Kruger who also plead guilty to corruption. Kruger was sentenced to 7 years in prison earlier this year.