ELM STREET, ROCKLAND COUNTY – NOT AFFORDABLE HOUSING, BELOW FAIR-MARKET INVESTMENT STEALS!
In 2011, the Ramapo Local Development Corp (think Christopher St. Lawrence and Aaron Troodler, et.al. SEC complaint) began selling units in a housing project referred to in social circles as the “Rockland Affordable Housing” project. The development was allegedly intended to be purchased by people who wanted homes but could not afford them and by design the target buyer was ultra-Orthodox. What in public was billed as affordable housing in private was nothing more than below market investment properties which would eventually yield buyers profits in the millions when they decided to sell.
The homes were purchased in large part by numerous LLC’s, many of which were and continue to be untraceable non-profits and tax-exempt entities. The homes were not purchased by the downtrodden.
One of the names among the owners is the family of Yossi Gestetner who lives in one of the Elm Street properties. He is one of the founders of OJPAC, a Political Action Committee heavily involved in endorsing the same corruption that makes up the fabric of Rockland County’s ultra-Orthodox Jewry, particularly as it connects to the Borough Park community. His ties to Dov Hiking and Boro Park’s elite Shomrim are no secret.
It also comes as no surprise that David and Naomi Bodner were among the first “buyers” of the property when the LDC started selling it. You know. The same Bodners who are involved with Marty Huberfeld and Platinum Parnters. The same Bodners who have more money than they could spend in a century of generations of lifetimes, much of it we surmise was amassed in less than savory transactions.
For your review we have included the SEC Complaint against Christopher St. Lawrence and his accomplices naming the Elm Street properties voraciously. We have also included articles picked up by Failed Messiah and a number of others.
This Elm Street properties are one family of the CSL LDC properties among many that heavily tie Rockland County’s Hasidic and ultra-Orthodox community (and its leaders) to Boro Park, and to some of New York’s dirtier politics. They also tie Rockland County to family Bodner and many of its family foundations. We expect there are more treasures to be found beyond what has been named over the years.
Feds Uncover Alleged Ramapo Haredi Housing Scam – FailedMessiah.com