*** BREAKING *** ALLURE GROUP*** MORE LIES
[Initial Title Changed by Admin]
Contributors: May 25, 2016
Emails show more communication with City Hall over Rivington deal
The email is important because at the center of the botched deal, which is under investigation by four separate entities, is the question of why a city agency ultimately lifted both restrictions — one requiring the property to be a nonprofit and another ensuring a health care facility. Lifting both allowed Allure to sell the building to Slate Property Group for high-end condos.
City Hall has said Allure indicated it only wanted the nonprofit restriction removed and planned to run a nursing home. But it was one of de Blasio’s own agencies, the Department of Citywide Administrative Services (DCAS), that ended up removing both restrictions in exchange for a $16 million fee.
“We like to keep the nursing home operating and continue employing over 250 employees who currently work there. However, this deal cannot go through because the restriction has created a significant deterrent both to accepting the title and the ability to get financing,” Landau wrote. “The nursing home, its union, have been trying for a while to get someone at DCAS to sign off on the deal, so that we can come in and provide the necessary resources the nursing home needs in order to stay afloat.”
Landau never specifically mentioned the $16 million fee, but did raise concerns that language in the deed allowed the title to the property to revert back to the city in case the buyer breached any conditions of sale.
He then asked Newmark for assistance.
“As you can imagine this is a time sensitive matter and any help or input you can provide is truly appreciated,” he concluded.
Newmark wrote back eight days later, “Thank you Joel. I have passed along your concerns to Sarah Samis, who is following up with Dom. I do not have any more information to share at the moment.”