Mayor Bill de Blasio “paused” a deal with the notorious Podolsky brothers to acquire 17 “cluster site” homeless apartment buildings on Friday, as reports emerged that the landlords were under federal investigation for possible financial crimes. According to the New York Daily News, the deal is a key part of the de Blasio administration’s plan to convert nearly 500 cluster sites into affordable housing. If the city paid market rate as the plan stipulated, it […]
source https://therealdeal.com/2019/01/21/city-halts-deal-to-buy-17-buildings-from-infamous-podolsky-brothers/
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