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Kim Velsey

Scams

Beware the money cleansing on a mountaintop routine. 
flickr, BiblioArchives/ Library Archives

The Guru Grift: Spiritual Fraudster Pleads Guilty To Swindling Client Out of $650,000

How do you know if your spiritual guru is leading you astray? Well, if she tells you that she needs at least two Rolexes and $600,000 in cash to ward off the devil, it may be a sign that she is not on the level.

As all the online “how to recognize a fake guru or a false prophet” websites warn: it’s a bad sign when your guru exhibits greediness and accumulates expensive possessions, and it’s a really bad sign when your spiritual guru exhibits greediness towards your expensive possessions. Read More

Elsewhere

On the Market: MoMA May Not Demolish Folk Art Museum After All; Co-op Sues Over One57′s Crane Plans; Ben Stiller Sells Apartment At a Loss

Greystone acquires half-finished Williamsburg condo coversion for $16 million. [TRD]
Bullet-scarred doors reveal violent realities of living in the projects. [NYT]
Real estate developer plans to build fine art storage facility in LIC. [WSJ]
New York will receive $10 million for affordable housing from new state program. [Crain's]
Not very funny: Ben Stiller takes a $1 million loss on Riverside Drive duplex. [Curbed]
New affordable artists’ housing development is coming to West Chelsea. [DNAinfo]
Firm issuing foreclosure settlements flubs up yet again, delaying homeowner relief. [NYT]
Two of the Clinton Hill homes featured in sisters’ vintage decorating book. [Curbed]
Alwyn Court sues Extell to halt second evacuation because of One57 crane. [WSJ]
Naftali Group pays high above $45 M. ask for old parking garage on West 77th. [Crain's]
Opponents rally to protest renovation of Fifth Avenue Library. [NYT]
Poet Taylor Mead succumbs to stroke after settlement with Shaoul. [Bowery Boogie]
Replica of iconic Dumbo watertower to be displayed at Brooklyn Bridge Park. [DNAinfo]
MoMA might not demolish the Folk Art Museum after all. [Architect's Newspaper
In "Related" news: Time Warner is considering a move west, to Hudson Yards. [WSJ]
New condos in a historic district: 20-story glass tower rises by Madison Square. [NYT]
Pearl clutch! Upper East Siders are all in a tizzy over proposed medical complex. [Curbed]
Hell’s Kitchen just wants a normal grocery store, not some posh Eataly-style market. [DNAinfo]

Elsewhere

On the Market: Graffiti Artists Tag Brooklyn Bridge Construction Panels; Back When the Battery Was a Beach; Documenting Truly Awful New York Apartments

A reflection on money, power, real estate and the One57 crane. [NYT]
Rockabus will still ferry sunbathers to the ravaged Rockaways this summer. [Crain's]
Graffiti artists love the construction paneling covering the Brooklyn Bridge. [WSJ]
A Tumblr of truly terrible affordable New York City apartments. [Atlantic Cities]
How Williamsburg rallied around Olso Coffee after the coffee roaster’s fire. [Grub Street]
City hopes that co-operative in Bk Navy Yard will kick off a manufacturing resurgence. [NYT]
Dueling candy stores to duke it out this summer on the Coney Island boardwalk. [Bk Paper]
Remembering Battery Park City when it was actually a beach. [Tribeca Trib]
The St. Regis is the most expensive hotel in Manhattan. [Post]
The old brick building at 301 West 46th Street is not long for this world. [Vanishing NY]
H.H. Richardson’s early work still stands in Staten Island. [Curbed]
Stretch of Water Street slated to become pedestrian shopping and dining plaza. [WSJ]
City Council plans to greenlight Cornell’s Tech Campus on Roosevelt Island. [Curbed]
Silverstone buys Dumbo site for $45 million with luxury condos in mind. [TRD]
Lawsuit accuses Hasidim of racial discrimination in Broadway Triangle apartments. [Daily News]
Swanky Post House restaurant at the Lowell Hotel will close for six months of repairs. [Crain's]
What to do when you inherit 700 dolls from your mother? [NYT]

theatrical happenings

DCTV's headquarters at 92 Lafayette.

Nothing But the Truth: Construction Kicks Off For All-Documentary Downtown Movie Theater

Up until a few weeks ago, documentary film lovers could be found clustered at the Tribeca Film Festival, trying to soak in as many documentaries as possible during the brief festival window. Soon, though, non-fiction film buffs will find it much easier to take in a broad range of documentaries throughout the year.

The Downtown Community Television Center, or DCTV, a media arts non-profit that has been fostering film education and production since the late 1970s, has started construction on an all-documentary theater.

The 74-seat theater will be housed in a historic horse stable at the rear of DCTV’s headquarters, an eye-catching 1896 limestone firehouse on the edge of Chinatown at 92 Lafayette Street. When completed, it will be the city’s second theater devoted to documentary (the other, located in Harlem, is the Maysles Institute). Read More

Elsewhere

On the Market: Inside a $10 EV Apartment; Controversy Grows Over Soho Nonprofit’s Expansion Plans; Why Are We Flipping Out Over Bike Share?

A look inside the $10 East Village apartments at  Jupiter21. [Gothamist]
Spit it out! Bruce Ratner stumped by SPURA acronym. [DNAinfo]
Meanwhile, does SPURA really need 500 parking spaces? [Streetsblog]
Thor Equities pays $23 million for mixed-use development by Barclays. [TRD]
Surprise! Lower Delancey Street’s quiet character is being colonized by commerce. [NYT]
State Senator John Sampson charged with embezzling foreclosure funds. [Daily News]
Exploring some of the more unusual apartments on the Upper West Side. [DNAinfo]
Soho nonprofit’s expansion and sale of air rights to a condo next door riles neighbors. [NYT]
Boerum Hill is invaded by a giant, but gentle, bee swarm. [Gothamist]
Long Island laboratory used by Tesla is purchased by nonprofit. [WSJ]
Is the city tracking drivers with EZ pass meters stationed at intersections? [Bk Paper]
Deconstructing New York”s total meltdown over bike share. [Atlantic Cities]
Mayoral candidates call on Forest City Ratner to hurry up with the Atlantic Yards housing. [Bk Paper]
Tennis Association makes land swap agreement with city, enabling Flushing Meadows expansion. [Crain's]

Developing problems

The old Donnell Library.

Public Institutions In Private Developments: Plans For a Smaller, If Sleeker, Donnell Library Reveal Trade-offs

These last few years have been challenging ones for both the New York and Brooklyn public libraries. Anemic funding and dwindling resources have collided not only with the need to repair many aging structures, but also to retrofit them to meet changing technology requirements. The combination of lean budgets and growing needs have, without a doubt, created a mounting financial crisis.

The question is how to fix it. For the libraries, one of the more popular strategies of late has been selling buildings and land to developers in exchange for some cash and a space in the condo tower that will be built on the parcel. Recently, plans to sell two libraries in Brooklyn have stirred up controversy, with local residents protesting that the sales are a bad deal for both taxpayers and library patrons. Read More

Love and Real Estate

Tea Obreht reads in one of the Westbeth apartments.

Home Is Where the Art Is: Westbeth Opens Its Doors To Literary Looky-Loos

The sun was setting when we arrived at Westbeth, and as soon as we entered the labyrinthine corridors of the artists’ housing complex, we found ourselves dreaming about living here, in what a friend described as “a Hotel Chelsea that never dies.”

As far as impossible dreams go, gaining residence in the rent-stabilized complex, which sprawls across an entire city block in the West Village and offers studios with rent that starts around $600 a month, is one of the most heart-wrenching. The waiting list is not only seven to 10 years long but has been closed since 2007. (As if the rent weren’t appealing enough, Richard Meier was the architect who oversaw the building’s 1970 factory conversion.)

But at least visitors got a peek on a recent Friday evening, when residents in 20 of the complex’s 383 apartments opened their doors for the PEN World Voices Festival’s “Literary Safari”—a somewhat surreal pairing of the literary and the domestic.  Read More

Elsewhere

On the Market: Public Housing Agencies Push For Time Limits; Greenpoint Will Get A New Park (and Condos); How Much To Get Your Name On a Building?

A Tribeca street now seems to be closed off because of Citi Bike. [Tribeca Citizen]
But at least this brewery in Astoria supports bike share. [DNAinfo]
Public housing agencies push for time limits, work requirements of residents. [WSJ]
What’s a house doing in the middle of Grand Central? It’s a promotional ploy. [NYT]
City inks deal with Chetrit and Bistricer to build condos in Greenpoint. [Crain's]
What you can expect to see on the Park Slope historic home tour. [DNAinfo]
Tracking Gatsby’s influence in the world of real estate development. [NYT]
Is there a shark living in the Harlem Meer!!?? (Probably not.) [Gothamist]
Architect pens another defense of the doomed Folk Art Museum. [Design Observer]
Like everything, getting your name on a building is more expensive in NY—about $100 million. [NYT]
If Martin Amis ever left his gentrified bubble, maybe he wouldn’t hate Brooklyn so much. [Atlantic Cities]
Plans for a newer but smaller, Donnell Library space in the basement of the Baccarat Tower. [WSJ]

Elsewhere

On the Market: Seward Park Bids Submitted Today; Swig Sued By Ex-Wife for ‘Wanton Dishonesty’; One57 Crane Requires Residents To Vacate a Second Time

Kent Swig sued by ex-wife over $12.5 million loan taken out on 740 Park spread. [Daily News]
Alwyn residents ordered to vacate because of One57′s crane for a second time. [NYT]
Is it bars’ responsibility to prevent patrons from drinking too much? [DNAinfo]
Jones Day considers move to 400,000 square foot space downtown. [Crain's]
Developers will submit bids, with some unusual partnerships, on Seward Park today. [WSJ]
Historic churches threatened with demolition as developers close in. [Post]
How parents use real estate to get their kids into a good public school. [NYT]
Is a reality show to blame for Marble House’s sales problems? [Curbed]
Car-hailing app Uber expands offices in Long Island City. [WSJ]
Politicians want to tout Queens tourism, transform it into the next Brooklyn. [Crain's]
Rents in North Williamsburg on average $1,600 more than in South Williamsburg. [DNAinfo]
Cyclist dies after suffering a heart attack in the Five Boro Bike Tour. [Daily News]
Real estate reporter falls in love with $11 million gingerbread home in Bay Ridge. [Daily News]
Man’s apartment-seeking poem has actually netted a lot of promising leads. [Gothamist]

THERE GOES THE NEIGHBORHOOD

A rendering of one of the sketchy new vagrant magnets going up in Kips Bay.

Kips Bay Residents Terrified That Micro-Units Will Flood Neighborhood With Yuppie Vagrants

Kips Bay, the East Side enclave pocked with post-war towers, has been largely protected from many of the changes that have transformed other sections of Manhattan. Neither particularly posh nor particularly gritty, nor particularly beautiful, the neighborhood is known as a good place to raise a family or fade into senescence.

But now the cloistered area is getting an unwelcome shot of vigor in the form of new micro-unit apartments. The local community board is terrified that the diminutive middle-class housing units will draw undesirable elements, bad seeds, transients. Read More