Government briefs

New York /
Nov.November 01, 2010 07:00 AM


Cuomo expands probe of NY foreclosures

Attorney General Andrew Cuomo is seeking information from four major mortgage servicers — Bank of America, JPMorgan Chase, Wells Fargo and GMAC Mortgage — about “robo-signing” in home foreclosure proceedings. Last month, Cuomo called on mortgage servicers engaged in robo-signing to immediately suspend all foreclosure actions in the state, including evictions and foreclosure sales. He also requested that the mortgage servicers not file any new foreclosures until they correct their procedures. “I will not allow New Yorkers to lose their homes due to mortgage goliaths that buck the system by submitting affidavits signed without knowledge of the facts,” Cuomo said. “Such conduct is a fraud upon our courts and a slap in the face of New Yorkers struggling to get by in this economy.”

Construction underway for PlaNYC parks



Construction began last month on a new, $28.3 million, 13-acre park in Far Rockaway, Queens, Mayor Michael Bloomberg announced. The park is the fourth of eight to begin construction under the Bloomberg administration’s PlaNYC program, an initiative in which the city is investing more than $300 million to ensure green space preservation as the city expands, so that every city resident lives within a 10-minute walk of a park or playground. The Far Rockaway facility will include a performance space, a skate park and athletic courts. The first phase of the construction is expected to be complete in 2012.

Brooklyn landlord added to slumlord list



Brooklyn real estate developer David Bistricer of Clipper Equity has been added to Public Advocate Bill de Blasio’s watch list of slumlords. Bistricer’s Flatbush Gardens — a 30-acre, 59-building complex in East Flatbush formerly known as Vanderveer Estates — has 6,475 open code violations, with 827 of them for serious threats to health or safety. “The landlord is clearly trying to change the nature of the development and make it more appealing to upper-income tenants,” de Blasio told the Daily News. “This may be a landlord who purposely wants to reduce the level of service to encourage … tenants to leave.” Richard Rubenstein, a spokesperson for Bistricer, said the owners have addressed and removed over 5,000 violations and intend to meet with de Blasio to do what it takes to get off the slumlord list.

Crane exec sentenced for bribes



The de facto owner of a crane company was sentenced to two to six years in state prison for bribing the chief crane inspector for the Department of Buildings numerous times. Michael Sackaris, 50, who pleaded guilty in May to bribery charges, gave cash payments to DOB inspector James Delayo, ranging from $200 to $500, on 20 separate occasions beginning in 2000, according to Manhattan District Attorney Cyrus Vance. Delayo, who also pleaded guilty, offered phony crane operator licenses to Sackaris’ employees and was sentenced to two years behind bars in June. The case against Sackaris stemmed from an investigation after two deadly crane collapses in Manhattan, at the Azure condominium construction site at 333 East 91st Street and at 303 East 51st Street, both in 2008. “Bribing a city employee — particularly one charged with ensuring the public’s safety — is more than a criminal affront to the taxpayers who expect honest services from the city’s workforce,” Vance said. “We are fortunate that no one was directly injured by the defendant’s actions.”

Compiled by Yaffi Spodek

 

Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Michael Gianaris, Julia Salazar and Jabari Brisport support the bill to abolish 421a. (Getty, Jabari Brisport via Twitter, 544 Union)
Lawmakers vow to end 421a as tenants sue landlords getting tax break
Lawmakers vow to end 421a as tenants sue landlords getting tax break
Photo Illustration of Gov. Andrew Cuomo (Getty; iStock/Illustration by Kevin Rebong for The Real Deal)
Cuomo reverses course, says indoor dining will return to NYC soon
Cuomo reverses course, says indoor dining will return to NYC soon
A photo illustration of the Belnord at 225 West 86th Street and HFZ CEO Ziel Feldman (Getty; iStock/Illustration by Kevin Rebong for The Real Deal)
Westbrook takes over HFZ’s Belnord conversion
Westbrook takes over HFZ’s Belnord conversion
From left: 11 Madison Avenue, Beam Suntory CEO Albert Baladi and SL Green CEO Marc Holliday (Photos via Beam Suntory; SL Green)
Beam Suntory will move HQ to 11 Madison Ave from Chicago
Beam Suntory will move HQ to 11 Madison Ave from Chicago
New York Senators James Skoufis, Kevin Thomas, and Brian Kavanagh. (Facebook via Skoufis, Thomas, and Kavanagh respectfully)
Lawmakers call for stiff penalties, reform after housing discrimination probe
Lawmakers call for stiff penalties, reform after housing discrimination probe
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...