Showing posts with label Real Estate Deals. Show all posts
Showing posts with label Real Estate Deals. Show all posts

Tuesday, November 8, 2011

Association for a Better New York ?

Activists Expose that the Association for a Better New York is a front group for billionaire real estate empire.

Activists that support a new hospital to replace St. Vincent's have exposed that William Rudin and his so-called ''civic'' group that operates under the name of the Association for a Better New York only to further the real estate development opportunities for the Rudin Management Company. What do you think ? Please post your comments.

Thursday, October 6, 2011

Bloomberg Official Is Arrested For Taking Bribes

New York City Housing Official Is Accused of Taking Bribes

'' ... Wendell B. Walters, the assistant commissioner at the Department of Housing Preservation and Development responsible for new construction, was arrested on charges that he took money from developers involved in building about $22 million in moderately priced housing overseen by the agency in the Bronx, Queens and Brooklyn since 2002,'' reported The New York Times.

It was alleged that Mr. Walters awarded contracts to developers in exchange for cash. He was charged with racketeering conspiracy, extortion, bribery, wire fraud, and money laundering, according to The NYTimes.

The charges against Mr. Walters further calls into question the pattern of corruption under the Bloomberg administration. Under Mayor Michael Bloomberg, we have seen multiple cases of fraud and corruption, from the overbilling of several high tech deals, most notably in connection with CityTime, in addition to the investigations and indictments under the City Council slush fund scandal.

Not only that, but The NYTimes reported that the charges against Mr. Walters ... ''represented another black eye for the administration of Mayor Michael R. Bloomberg, whose third term has been clouded by controversies involving senior officials. They include the tumultuous tenure of Cathleen P. Black as schools chancellor and the abrupt departure of Deputy Mayor Stephen Goldsmith, who said in August that he was leaving to work in municipal finance, but had been arrested in Washington on a domestic violence charge days earlier, a fact that neither he nor the mayor had mentioned in their announcements.''

After all these cases of corruption or official misconduct, you would think that we would need to protect the progressive era reforms, not roll them back, the way that Mayor Bloomberg has been trying, ever since he came into power.

Sunday, February 20, 2011

Rudin Real Estate Donations

Christine Quinn,Rudin Family,Rudin Management,Mayor 2013 NYC,Campaign Donations,Real Estate Deals,Hospital Closings,St. Vincent's Hospital

In an apparent conflict of interest, Beth R. DeWoody, Madeleine R. Johnson, Eric C. Rudin, Jack Rudin, Katherine Rudin, and William C. Rudin each donated $4,950 to Christine Quinn's presumed 2013 mayoral campaign. During this time, the Rudin family has been trying to salvage a multi-million dollar real estate purchase of the buildings that belong to the bankruptcy estate of St. Vincent's Hospital. Since the Rudin family wants to build luxury high-rise condos on the site of St. Vincent's, do these large campaign donations explain why Speaker Quinn has done nothing to restore a hospital to the former St. Vincent's site ?