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Old 04-19-2024, 01:13 PM
 
24 posts, read 19,232 times
Reputation: 13

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Cadman Towers ML Coop conversion
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Old 04-19-2024, 01:15 PM
 
24 posts, read 19,232 times
Reputation: 13
Has anyone heard about the conversion of Cadman Towers a ML Coop in Brooklyn Heights
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Old 04-20-2024, 07:14 AM
 
1,302 posts, read 326,824 times
Reputation: 989
Looks like it’s turning into an HDFC.

https://www.habitatmag.com/layout/se...-cadman-towers
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Old 04-20-2024, 08:00 AM
 
8,373 posts, read 4,386,334 times
Reputation: 12038
Quote:
Originally Posted by blanketyblank View Post
Looks like it’s turning into an HDFC.

https://www.habitatmag.com/layout/se...-cadman-towers
Seems like a good idea which hopefully could be applied to the entire NYCHA.
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Old 04-20-2024, 12:06 PM
 
20 posts, read 14,862 times
Reputation: 171
Another one bites the dust. Great program destroyed by fraud and corruption. Latest and not the last domino to fall
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Old 04-21-2024, 03:25 PM
 
Location: New York Area
35,061 posts, read 16,995,362 times
Reputation: 30197
Quote:
Originally Posted by poi098 View Post
Another one bites the dust. Great program destroyed by fraud and corruption. Latest and not the last domino to fall
I would not be surprised, but details on the corruption?
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Old 04-21-2024, 03:34 PM
 
Location: Beautiful Pelham Parkway,The Bronx
9,247 posts, read 24,073,586 times
Reputation: 7759
Quote:
Originally Posted by blanketyblank View Post
Looks like it’s turning into an HDFC.

https://www.habitatmag.com/layout/se...-cadman-towers
smells like a shell game to me.
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Old Yesterday, 04:30 PM
 
31,906 posts, read 26,961,756 times
Reputation: 24814
Quote:
Originally Posted by poi098 View Post
Another one bites the dust. Great program destroyed by fraud and corruption. Latest and not the last domino to fall
It was baked into cake when created that at some future date *ALL* Mitchell-Lama developments could leave that system. It was never supposed to be a permanent arrangement.

As with nearly everything else in this state people who put the thing over are now long dead or out of office and never gave a thought to what would happen in future. Well twenty or thirty years isn't such a long time after all, and what people who bothered to read details knew could happen, is happening.
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Old Today, 05:38 PM
 
15,841 posts, read 14,472,390 times
Reputation: 11916
They wanted private funding for the construction. That would not have happened if they didn't give them an eventual exit.

Quote:
Originally Posted by BugsyPal View Post
It was baked into cake when created that at some future date *ALL* Mitchell-Lama developments could leave that system. It was never supposed to be a permanent arrangement.

As with nearly everything else in this state people who put the thing over are now long dead or out of office and never gave a thought to what would happen in future. Well twenty or thirty years isn't such a long time after all, and what people who bothered to read details knew could happen, is happening.
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