The likely default was predicted by the Partnership to Preserve Affordable Housing in its April 28, 2008 memo (click on "read more" below to see it), written by Thomas Waters, housing analyst for the Community Service Society. When equity funds invest substantially more than the rents will supply, the investment can only be repaid by evicting the rent-regulated tenants. Failure to do that means defaults, lack of maintenance, and disaster.
Cal Ramsey, Congressman Charles Rangel, Dr.Keith Hunter, Glenn Hunter& Ken Sargeant
Remarks at the initial screening of "Down By The Riverside" at Harlem's Schomburg Center July14, 2007
Clifford Alexander and Staff
Clifford Alexander Sr. with Office Manager-Doris Haywood, and Facilities Manager-Charlie Clark
Stuyvesant Town Fight- July 1947
A pitched battle, pitting what were then the forces of institutionalized racism against those insisting upon change, was concluded with the decision by the court exempting Metlife from any obligation to be race neutral in its selection process at that time.
Years of acrimonious negotiations arising from biased selection processes "downtown" gave rise to the settlement which resulted in the ostensiby integrated Riverton Housing Development
My The Black Fives Blog Panel
Lenox and 135th
Once called "speakers corner", 135th and Lenox was so-named because anyone with a "notion" and a soapbox could have a platform from which to pontificate.
The Lincoln Giants
The Lincoln Giants were a pre-Negro league team that played on Olympic field,the site of the present-day "Riverton Playground".