Sentences with phrase «into luxury condos»

The influence of Gresham's union was reaffirmed when Comptroller Scott Stringer's office, investigating the de Blasio administration's bungling of a Lower East Side land deal that appeared to allow a hospice for AIDS patients to be turned into luxury condos, released a trove of emails and text messages that showed how closely 1199 worked with City Hall to make sure the disastrous deal, also under state and federal investigation, came to fruition.

In fact, Stringer found, Team de Blasio got played by Joel Laundau and his Allure Group, who walked away with a $ 72 million profit — and who plotted to turn the nursing home into luxury condos before they'd even bought the building.

Morales approved the removal of deed restrictions on the Rivington House nursing home, allowing it to be sold and converted into luxury condos in what City Hall has admitted was a «flawed process.»

The $ 52 million deal to redevelop the Brooklyn Heights library into a luxury condo tower, which City Hall awarded to a de Blasio pal who offered less money for the city - owned land than two other bidders, has attracted the attention of federal and city prosecutors, The Post has learned.

The offices of US Attorney Preet Bharara and Manhattan District Attorney Cyrus Vance sent subpoenas to several of the 14 developers that bid on the City Hall - backed project to redevelop the Brooklyn Heights library into a luxury condo tower.

As part of a three - day exposé of alleged rule - bending and abuses of power by City Council members, the Daily News reported Sunday that the speaker was about to move into a luxury condo in Chelsea where she had allegedly «used taxpayer dollars to resolve a conflict with a neighboring building over garbage.»

But what's really put Mr. Capalino in the spotlight, and under the microscope, is his connection to a deal that has proven disastrous for the mayor: the removal of deed restrictions on a Lower East Side property that will allow a private developer to turn what was once an nursing home for AIDS patients into luxury condos — and which helped the building's owner make a $ 72 million profit selling it.

The letter describes the loss of the site's former nursing home as «a devastating blow to our constituents» and says the two pols «remain deeply concerned about a flawed city process that has paved the way for the closure, sale, and now potential conversion of this building into luxury condos.»

It took Comptroller Scott Stringer five months, but he was finally able to answer the question — how many members of the de Blasio administration did it take to mess up and mistakenly allow the Rivington House nursing home to be developed into luxury condos — despite city deed restrictions?

CITY HALL — Concluding the city's seven - month review of Rudin Management's plans to turn the former St. Vincent's Hospital site into luxury condos, retail space and a public park, the City Council voted nearly unanimously Wednesday afternoon to approve the developer's plans.

Released by the political committee New York City Is Not for Sale, the ad called «Nowhere to Go» criticizes Quinn for supporting the zoning change that allowed the ailing Greenwich Village hospital to be redeveloped into luxury condos.

China - based Anbang Insurance Group is planning to close the hotel next spring and convert about 1,000 of its rooms into luxury condos

A developer purchased the Rivington House nursing home (pictured) to turn into luxury condos.

A powerful lobbyist, James Capalino, steered $ 50,000 in donations to de Blasio after pressing the city for a deed change that allows one of his clients to turn a building restricted for use as a nursing home into luxury condos.

That wide - ranging inquiry also delved into the lifting of a city deed restriction on Rivington House, which allowed for the long - protected nursing home to be converted into luxury condos.

The $ 52 million deal to redevelop the Brooklyn Heights library into a luxury condo tower, which City Hall awarded to a friend of NYC Mayor Bill de Blasio who offered less money for the city - owned land than two other bidders, has attracted the attention of federal and city prosecutors.

These areas are also benefiting from developers who are taking old school houses and churches and transforming them into luxury condos.

AG Eric Schneiderman announced a settlement with a shady real - estate group that bought city nursing homes and flipped them to developers who sought to convert them into luxury condos.

The state is hiding information about how a developer got approval to buy two NYC nursing homes just to turn them into luxury condos, according to a new lawsuit.

State Attorney General Eric Schneiderman on Friday announced a settlement with a shady real - estate group that bought city nursing homes and flipped them to developers who sought to convert them into luxury condos.

State Attorney General Eric Schneiderman issued subpoenas Wednesday to investigate whether Allure Group misled health officials when to turn the Nostrand Ave. nursing home into luxury condos.

The state is hiding information about how a developer got approval to buy two nursing homes just to turn them into luxury condos, according to a new lawsuit.

Later in the week, U.S. Attorney Preet Bharara indicated that not only were the Feds investigating his campaign fund - raising, but they were also poking into the administration's involvement in a deal to flip a Manhattan nursing home into luxury condos.

The stench of political corruption swirling over both their heads has not gone alway since the debacle of St. Vincent's Hospital being turned into Luxury Condos, but has only solidified the perception that both Rudin & Quinn are deeply corrupt.

Mayor de Blasio said on March 28 that he had only recently learned about a controversial deal to turn a Lower East Side nursing home into luxury condos, and only after reading about it in the press.

The revelations came as Mayor de Blasio said he cut ties with James Capalino, a super lobbyist who raised big bucks for the mayor, met personally with him several times, and had a hand in the controversial Rivington House deal that allowed a nursing home to be turned into luxury condos.

NEW YORK (CBSNewYork)-- Mayor Bill de Blasio suffered a slap in the face Thursday, as his own Department of Investigation has found that City Hall bungled a controversial land deal that allowed a Lower East Side nursing home to be turned into luxury condos.

Top de Blasio administration officials were in the loop about its approval to turn a Lower East Side nursing home into luxury condos — and some were even complicit in the shady deal, despite Mayor Bill de Blasio insisting he was in the dark, a city investigation has revealed.

The state assemblywoman from Staten Island added, «For decades the property was restricted and could only be used for a residential non-profit health care facility... Enter Capalino and two deed restrictions are lifted to allow the healthcare facility to be turned into luxury condos.

I lived across the street from an elementary school that had resisted a charter school takeover and down the road from a middle school that had to close from lack of enrollment and was in the midst of being turned into luxury condos.

These areas are also benefiting from developers who are taking old school houses and churches and transforming them into luxury condos.

She was known for Keith Haring and Kenny Scharf, but Fun Gallery closed its doors, got demolished and turned into luxury condos.

And after 41 years, this Tuesday's event at the Clocktower Gallery may be your last opportunity to visit before it's turned into luxury condos.

When Ditto Residential purchased it to turn it into luxury condos, they began construction and found this bust statue in the old school building.