Friday 24 January 2020

Feud with de Blasio pushes Durst to shelve Halletts Point

A longstanding feud between a scion of real estate and the mayor’s office has reached a breaking point. The Durst Organization, one of the city’s most prominent real estate developers, is stalling plans for its sprawling Halletts Point development in Astoria, Queens, after the city declined to provide a subsidy, according to Politico. The Douglas Durst-led firm and the de Blasio administration clashed over a city subsidy and affordability requirements for the seven-building, 2,000-unit rental



source https://therealdeal.com/2020/01/24/feud-with-de-blasio-pushes-durst-to-shelve-halletts-point/

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