Tag Archive | "The Bronx"

4289,4301,4305 Park Ave.

By Mamta Badkar and Connor Boals

with additional reporting by Donal Griffin

Abandoned Ocelot properties along Park Avenue in Tremont that racked up over 100 violations, stand defaced by graffiti. The buildings are being restored by new owners, Paradise Management.  Photo by Mamta Badkar

Former Ocelot properties along Park Avenue in Tremont stand defaced by graffiti. The buildings which racked up over 100 "immediately hazardous" violations are being restored by new owner Isaac Hershkovitz. Photo by Mamta Badkar

Four buildings once owned by Ocelot loom over a very different Park Avenue in the central Bronx neighborhood of Tremont. The buildings until recently were ghost-like shells, but are now beginning to stir with the sounds of renovation. Their troubled past, however, still follows them.

The buildings are around 100 years old and among the oldest in the Ocelot portfolio. They are four-stories tall and contain between 20 and 24 units each. The façade has been defaced by graffiti, windows have been smashed in, and parts of the building have been stripped bare by the construction workers who point to sections where there are holes in the floor.

The buildings all have a past full of violations with the New York City Department of Buildings that range from structural instability to defective boilers. Under Ocelot’s management, the Park Avenue buildings racked up over 100 “immediately hazardous” violations by the end of 2008.

Many of the complaints were structural. “Caller says every time the Long Island Railroad train passes the building shakes,” read a Feb. 22, 2007, complaint about 4301 Park Ave. to the Department of Buildings. “From the top to the base of the building is cracked on the outside at the top building.”

Others address fire safety with a touch of the bizarre. “Caller notes the boiler is defective and caught fire on June 14, 2007. Boiler emits soot throughout the apartments,” read another complaint about 4289 Park Ave. filed on the same day as the fire. “And please inspectors take caution due to the large amount of pit bull dogs in basement.”

The now vacant lots are subject to routine inspections by the New York City Fire Department. The market value of each building ranges from $381,000 to $504,000 according to City-Data.com. In all, the four buildings are worth over $1.7 million.

“We aren’t stripping the buildings down, just patching them up,” said Joseph Silberman the current contractor. “These aren’t in Manhattan.” Now owned by Brooklyn-based Paradise Management with financing by Doral Bank, two of the properties are expected to be ready by January 1, 2010. “Only when the properties are fully occupied, will the bank go ahead with the others.”

Around the corner at Western Beef, store manager Jim Frisco said his business was hardly affected by the exodus. Neighbors and a member of the New York City Fire Department worried that at least one of the empty buildings were being used for drug activity.

David Arroyo, the manager of Jochi Auto Repair Inc. who has lived on neighboring Webster Avenue for 16 years, said “the riff-raffs” had been moving out over a period of time but the buildings appeared completely vacant two months ago.

“People were afraid to leave their cars because they were scared people would take their stuff,” he said, referring to the former occupants of the Ocelot properties. “Since they left, it’s gotten quiet and we’re doing pretty good.”

But trouble still follows the buildings, which were part of a package of five buildings bought by OCG VI – an Ocelot company – in June of 2007 for $6.2 million. When Ocelot’s backer, Israeli company Eldan Tech, abandoned the portfolio last last year, investors found a buyer for the Park Avenue buildings in Brooklyn property dealer, Issac Hershkovitz. Eldan Tech now alleges in a civil case filed in Manhattan’s State Supreme Court, however, that Ocelot’s president, Rachel Arfa, carved up the deal with Hershkovitz so that Ocelot only received $350,000 instead of $3 million, while she personally pocketed $300,000. Arfa has denied the allegations and counter-sued in the same court. Both cases are pending.

Eldan Tech also alleges that Hershkovitz has failed to pay the $350,000. The property dealer has yet to lodge a defense.

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Thompson Concedes, After a Last-Minute Surge of Hope

By Connor Boals and Maia Efrem

Comptroller William Thompson, Jr. announces his defeat to his supporters at the New York Hilton Hotel and Towers Tuesday evening. Photo by Connor Boals

Comptroller William Thompson Jr. announces his defeat to his supporters at the New York Hilton Hotel and Towers Tuesday evening. Photo by Connor Boals

As the early polling results came in, the supporters of Democratic mayoral candidate William Thompson Jr., believed they were going to witness the upset of the most expensive campaign in New York City’s history.

They almost did.

At 9:30 p.m., the air was electric. Hundreds of supporters were gathered inside the third floor Trianon lounge of the New York Hilton Hotel and Towers in midtown Manhattan. At 9:51 p.m., with nine percent reporting, Thompson was only one percent behind his opponent Mayor Michael Bloomberg.

It was still anyone’s race.

Strangers hugged, fists were raised and even a few tears were shed.

“I believe we have victory,” said the Rev. J.T. Causer from Flatbush, Brooklyn.

Thompson supporters celebrate early poll results that put Mayor Bloomberg only one percent ahead of Thompson. Photo by Connor Boals

Thompson supporters celebrate early poll results that put Mayor Bloomberg only one percent ahead. Photo by Connor Boals

Others, like Sybyl Silverstein, an education consultant from Floral Park, Queens, maintained a “cautious compassion” as the pundits had almost unanimously predicted Bloomberg in a landslide.

Assemblyman Keith Wright of Harlem acted as master of ceremonies for the evening. He and a string of labor leaders and borough politicians delivered rousing chants of “eight is enough!” and “We can’t be bought!” at an ear-blasting volume.

Bronx Borough President Ruben Diaz Jr. dominated the stage and announced the Bronx votes had gone to Thompson.

“In the city of New York, while there was a billionaire who wanted to buy the election, there were thousands of people who would not sell out,” said Diaz,  as he pumped a fist in the air.

As the results trickled in, Bloomberg crept ahead, but only by four percent with 17 percent reporting.

Gov. David Paterson waited by the stage for almost half an hour as other politicians gave short inspirational speeches to the crowd.
The tiny stage was swelling with a who’s who of the city’s Democratic leaders.

After a short stump speech from the Rev. Al Sharpton, he took the stage with a tone of seriousness.

“I would like to thank Thompson for keeping the dream alive for those who are told ‘no’ but believe ‘yes,’ ” he told the cheering crowd.

With praise came reproach as well.

“Too many Democrats stayed home today,” he said. “And too many Democrats who should have stayed home were tantalized away.”

Thompson supporters watch the poll results being reported. Bloomberg's one percent gap eventually expanded and Thompson conceded the race at 11:40 p.m. Photo by Connor Boals

Thompson supporters watch the poll results being reported. Bloomberg's one percent gap eventually expanded and Thompson conceded the race at 11:40 p.m. Photo by Connor Boals

At 11:40 p.m., Thompson, his wife and his daughter approached the podium. He was met with vigorous applause.

“A few minutes ago, I called Mayor Bloomberg to congratulate him on his victory,” he said. A wave of boos swept forward, overwhelming Thompson, who calmly asked for order. “Tonight the votes are not in our favor,” he said. “But we still have so much to be proud of. This campaign was about standing strong.”

Monica Hankins, an office manager from Story Avenue in the Bronx said she felt Bloomberg’s term limit was one of the key issues in the election. At the end of the four years, she wanted the question of reversing the three-term limit to be put to the voters.

“I feel like Bloomberg disrespected us,” she said. “It feels like a dictatorship now.”

Another Bronx resident from Pelham Parkway, Aisha Ahmed, said she was “disgusted” by the results.

“We live in a rich country where a mayor just spent $100 million on a campaign but people still sleep outside of churches,”  said Ahmed, the president of a medical consulting company.

Although the mayor’s seat didn’t go to the Democrats, spirits were high over the election of Comptroller John Liu and Public Advocate Bill de Blasio.

“The Democratic Party had some tremendous gains tonight, the people rejected the politics of Mayor Bloomberg,” said Fernando Ferrer, former Bronx borough president and 2005 mayoral candidate. “I think he’s going to have a rough four years.”

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