NYC pols give Moinian an ‘F’ on landlord report card

TRD New York /
Feb.February 06, 2013 03:00 PM

A group of elected officials and union workers has given the Moinian Group a failing grade when it comes to the company’s landlord and development operations, the New York Observer reported. The so-called report card faults Moinian with failed relationships with tenants, vendors and workers, and the group is holding a rally today near City Hall to bring awareness to the issue.

“It’s going to be rowdy — we’re expecting hundreds of people,” Jessica Ramos, a spokesperson for Build Up NYC, one of the groups in charge of the event, told the Observer. “We want to create public support and awareness for them to be a responsible developer and build buildings with good jobs that actually help the economy.”

City Council Speaker Christine Quinn, Manhattan Borough President Scott Stringer, Comptroller John Liu and 32BJ SEIU Vice President Shirley Aldebol are expected to attend the rally.

Moinian has allegedly defaulted on hundreds of millions of dollars in loans on nationwide properties, racked up safety violations, failed to pay millions of dollars in fees and bills to vendors and contractors, paid low wages, and provided improper maintenance and repair to buildings, the report card said.

As previously reported, Moinian faces a class action suit over its response to Hurricane Sandy at its 1 West Street rental property.

Moinian did not immediately respond to the Observer’s request for comment. [NYO]Zachary Kussin


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