Sion Misrahi, a Lower East Side developer, says the New York City Department of Buildings is “scared to death,” according to the Lo-Down blog. In light of the recent allegations of corruption within the DOB, Misrahi says that the department is now “scared of [its] own shadow,” and acting with undue trepidation. Misrahi, who had a role in a recent documentary, “The Lower East Side: An Endangered Place,” said that this fear is the reason that there are over 540 stalled construction sites in the city. He believes that department trepidation has made it “impossible to do business in the city.” The developer is outspoken on his opposition to stricter new rezoning laws that he feels stymie city growth, and maintains that the DOB is targeting existing buildings with fines, because there are few new construction sites to monitor.
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TWEETS
- This week, @DouglasElliman dominates @trdny's "Top Residential Agents" list, scoring three of the top five spots. http://t.co/WuwFfoQI 10:26:54 PM May 25, 2012
- Here's some #NYC residential sales data before you head off to the #Hamptons via @trdny http://t.co/41pt08N4 08:54:27 PM May 25, 2012
- Marcia Gay Harden gets $2.8M for #Harlem townhouse listed by@cathytaub of @StriblingNYC http://t.co/pR718yY4 via @trdny 08:47:36 PM May 25, 2012
- Boymelgreen, Africa Israel settle with @AGSchneiderman over 20 Pine St. construction, but face new $20M suit http://t.co/wYyqrfBP via @trdny 08:16:42 PM May 25, 2012

