The Real Deal New York

Posts Tagged ‘canyon johnson urban funds’

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    From left: Magic Johnson, rendering of 20 Henry Street and Councilman Steve Levin

    Magic Johnson’s real estate development firm, Canyon Johnson Urban Funds, is being criticized for hiring Leviathan Construction Management, a company with a history of safety violations. Councilman Steve Levin slammed the former basketball legend’s company for tapping Leviathan to turn a former candy factory at 20 Henry Street into an upscale condominium with 39 units. “They have not had a good history in terms of safety on their work sites,” Levin told the Daily News. The Department of Buildings gave Leviathan a partial work order Dec. 30
    for unsafe scaffolding at the site, for which the company faces $35,000
    in fines. [more]

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  • Most
    of the 190 units at One Hanson Place have sold, but the remaining units
    are now available for rent. On Stribling Marketing Associates’ Web site, 19 units are
    listed as rentals, with monthly rents ranging from $3,400 to $4,900.
    Three other units have been listed for-rent-by-owner since the
    fall. One Hanson Place was converted into a residential building in 2006 by
    Dermot Company and the Canyon-Johnson Urban Funds. [more]

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