by Emma Davey Picture it, 2004.
George W. Bush is reelected. Usher’s “Yeah!” is blasting on the radio as you drive to the movie theater to see Shrek 2. The jeans are low, and the tensions between Disney stars are high. And Blue Diamond Development pays $800,000 for a lot at 55 Eckford Street.
More than 20 years, millions stolen in a scheme to defraud clients, and one lawsuit from the Attorney General’s office later, the project…
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Greenpointers has covered Greenpoint & Williamsburg since 2007 — community boards, rezoning fights, local businesses, and the people whose lives and work give the neighborhood its character. Local news is collapsing across the country, but we're still here: independently owned, no corporate backing, no paywall. 18+ years, 280k+ monthly readers and followers, funded by the community we serve.
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“Luxury condo”…..catering to elitist gentrifiers and nothing for the average working people who are the backbone of the community. I can’t wait for the next round of articles about the openings of new, pretentious and obscenely expensive bars, lounges, restaurants and cheesy boutiques that will be out of business within five years or less.
OK Debbie Downer.
From $800,000 in 2004 to $7.2 Million in a FORECLOSURE AUCTION in 2024…. and it comes with an environmental remediation clause! Real estate in NYC is f*ing nuts