The developers who won city approval to flip a Lower East Side nursing home for a $72 million profit are so untrustworthy that they should be barred from purchasing another such facility, this one in Harlem, state Attorney General Eric Schneiderman said on Monday.
New York, NY – Claims by Mayor Bill de Blasio that he was completely in the dark about the hugely criticized dealings involving a Lower East Side nursing home are ringing hollow as word emerges that members of his administration desperately tried to undo a mistake that lifted a deed restriction on the property, allowing…
Brooklyn, NY – Several days after allegations surfaced questioning the propriety of a real estate deal, the company at the center of the investigation has made its first public comment.
The obscure Brooklyn company at the center of a City Hall scandal already owed millions of dollars in unpaid taxes, and its principals were accused of “secretly scheming” against a former business partner, long before the city signed off on a sweetheart deal that netted the firm a $72 million profit, records show.