Gambino condo family? Former heroin pusher plans Coney Island resi project

Giuseppe Gambino and attorney Richard Gravante are bringing 20 units to 2850 West 15th Street

TRD New York /
Aug.August 16, 2018 02:31 PM

2850 West 15th Street in Brooklyn (Credit: Google Maps)

Staten Island-based Giuseppe Gambino, a convicted mafioso once described by federal prosecutors as “an important soldier” in John Gotti’s Gambino crime family, is developing a 20-unit condominium in Coney Island, an offering plan filed last week with the New York State Attorney General’s office shows.

The project, at 2850 West 15th Street, is located just half a block from Gargiulo’s restaurant, where the FBI conducted surveillance on Gotti in January of 1986, court records show.

If the condo application is approved, the 20 apartments will eventually go on sale for a total of $15 million, or $750,000 a piece on average.

Co-sponsoring the project is attorney Richard Gravante, son of noted Gambino family attorney Nicholas Gravante.

Reached by phone, Gambino said the development was not his first and that he had done another one nearby. When the topic of his past was brought up he abruptly hung up the phone.

In 1993, Gambino, who is also known as “Joseph” and “Joe,” pleaded guilty along with his better-known brother, Giovanni or “John,” to narcotics trafficking, murder, jury tampering, illegal gambling and loan sharking charges, according to the New York Times.

The pair had originally fled from Italy, and were convicted in absentia on heroin charges. At their trial, a witness testified the brothers ran a racketeering enterprise out of Caffe Giordano in Bensonhurst, which the FBI had bugged and where a large number of Gambino figures were arrested in 1988. “A crowd of about 100 had gathered at the cafe to hear a newly arrived Italian singer,” James Fox, the former FBI director of the New York office told the Times that year. ”’The agents moved in when the entertainment ended… One of the agents came to the mike and said, in effect, ‘This is your last dance.”’


Related Articles

arrow_forward_ios
This week, the State Department of Taxation and Finance issued a new memo that notably made no mention of condos. (Credit: iStock)

Regulators quietly change stance on condos in LLC law

Realogy CEO Ryan Schneider (Credit: iStock)

Realogy’s plan to stop the iBuyers from gaining a foothold in Chicago

85 4th Avenue in Brooklyn (Credit: Google Maps)

New details of Boerum Hill’s next big project unveiled

Daily Digest Thursday

Worker killed at Lam Group construction site, Uber signs WTC lease: Daily digest

Developers are offering to pay the increased mansion and transfer taxes to give them an edge in a difficult market. (Credit: iStock)

Amid slow sales, developers give buyers a break on mansion taxes

TF Cornerstone president Frederick Elghanayan and 595 Dean Street (Credit: CityRealty, Google Maps)

TF Cornerstone’s Prospect Heights two-tower project unveiled

Triplemint’s David Walker and John Scipione with Hoboken, New Jersey (Credit: iStock)

Triplemint expands to New Jersey

Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”

arrow_forward_ios