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Troubling Developments

Troubling Developments

Image all the people, living life as one.

Lawyers Withdraw From Dakota Suit; Will Peace and Courtyard Potlucks Reign Again?

Are the days of airing the Dakota’s dirty laundry finally nearing an end? Hedge fund manager Alphonse Fletcher Jr.’s lawsuit against the board of the fabled Upper West Side co-op still stands, but he and the lawsuit are standing all by themselves.

The two law firms representing Mr. Fletcher have been allowed to withdraw from the case, according to The Wall Street Journal, citing unpaid bills and irreconcilable differences—the culprits that seem to end every once-happy relationship. Read More

Troubling Developments

Twitter/@SamTLevin

Looks Like Someone Shot a Window at Obama’s Denver Campaign Offices

As the march toward November 6th intensifies, things might get weird. For example: someone apparently fired a shot into President Barack Obama’s campaign headquarters in Denver Colorado on Friday afternoon, shattering a large window.

The Denver Post reports the incident occurred around 3 p.m. There were people in the offices at the time but no injuries were reported.

A reporter for Denver’s alt-weekly Westword tweeted a photo of the shattered window and his puzzled comment: Read More

Troubling Developments

Rat-balloons

A Hit Piece of Legislation: Will a Transparency Bill Reform Affordable Housing or Just Open It Up to a Union Takeover?

On March 23, Wendell Walters plead guilty to two counts of racketeering and bribery. As the assistant commissioner for development at the city’s Department of Housing Preservation and Development, he oversaw billions of dollars in city contracts to build and repair the city’s vast stock of private affordable housing. The projects only grew over the past decade as Mayor Bloomberg launched a program to create or rehabilitate some 165,000 units of affordable housing.

During that time, the kickbacks to Walters also grew, totaling some $2.5 million over the course of a decade involving at least 10 different affordable housing developers in the city. Some payments were made in coffee cups, others in thick envelopes stuffed into Walters’ golf bag as he and the builders took in a round of golf. Among the gifts received was a brownstone on 139th Street in Harlem, free renovations to the townhouse and a honeymoon in Greece.

When he was arrested last October, Walters was paraded in front of the Brooklyn Federal Court House. Like so many perps, he was caught by surprise and still wearing his morning clothes, a black fleece pullover and black sweatpants. Tall and handsome with a shaven head, the 49-year-old Walters looked shocked, embarrassed, dismayed.

So was Matthew Wambua. Read More

Troubling Developments

Looking sharp, but will it fly with the neighbors? (Durst Fetner)

Community Board Spikes Durst’s BIG Pyramid Over Lack of Permanent Affordable Housing, Parking Problems

“My own feeling, and the feeling of board, is that we’d like this project to succeed,” J.D. Nolan, chair of Community Board 4’s land-use committee, told The Observer. “The Dursts are great developers, and they have worked very well with us in the past. Nevertheless, this is a rezoning, and the public should benefit as well as the developer.”

And so, the full board voted unanimously against Durst Fenter’s new apartment building on the far West Side last night. One of the most dynamic designs of the decade, 625 West 57th Street calls for a swooping white pyramid that rises dramatically up from the Hudson like an origami dove taking flight. Designed by Danish wunderkinds Bjarke Ingels Group (aka BIG), the project has even decided to eschew LEED ratings in its quest for singularity. Read More

Troubling Developments

Housing, housing everywhere. (Courtesy NYCHA)

With Public Housing Under Attack, Can An Ex-Lehman Banker Save New York’s Last Affordable Apartments?

Stepping off the elevator on the 12th floor of 250 Broadway, you pass by a dozen  photographs of idyllic, almost bucolic housing projects. The dogwoods are in bloom, matching the pink matting within the frames. That the pictures are a bit faded only adds to the utopianism of the scenes: families frolic in green grass courtyards, the sun is always shining.

These days, the picture is far less rosy: Apartments are overcome with toxic black mold, riven with cavernous leaks, overrun with rats, sometimes all three and then some. Repairs? Fuggetaboutit. Those will be years away. And that’s just inside; outside, it’s a war zone.

Or so the city’s tabloids would have you believe.

But the Housing Authority—or NYCHA, as almost everyone calls it, pronouncing it like some bureaucratic sneeze—represents much more than those run-down apartments we read about, of which there are fewer than the coverage suggests. Read More

Troubling Developments

Elisha Otis demonstrating his first elevator. How much has changed?

After a Decade and Two Deaths, the City Council Gets Serious About Elevator Safety

The hearing room was full and the overflow room was overflowing at the New York City Council’s offices at 250 Broadway this afternoon. Maybe it was the fact that this was the first elevator safety hearing since two New Yorkers lost their lives in elevators in the past year. Maybe it was the fact that this was the first oversight hearing on elevator safety since 2003.

This in a city where most people live and work in high-rise, all serviced by some 60,000 elevators.

The main issue of the afternoon was two new elevator safety bills proposed by the council: one that would require existing elevators to be furnished with more safety devices and another that would require elevator workers to be licensed.

“We require licensing of our plumbers. We require licensing of our electricians. And the lack of elevator licensing is a major loophole,” said councilmember James Vacca, a sponsor of the licensing bill. “It is also a threat to the safety of millions of New Yorkers.” Read More

Troubling Developments

How much for a night here? (Property Shark)

Inside the Brothels of the Rich and Famous: Welcome to the Hovel of Love and Sheffield Arms

What’s a better way to blow the last few thousands of your Wall Street bonus than on a prostitute?

The market is shriveling up, however. In recent months, The NYPD has made some strong sweeps in removing high profile prostitutes off the streets. Well, out of their apartments—no one actually walks the streets anymore thanks to Craiglist and Rentboy.com.

But some of their apartments are a bit iffy. Read More