Posted Feb 1, 2018, 1:56 AM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,768
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De Blasio administration pulls subsidies for Durst affordable-housing project after public spat
Quote:
Developer Douglas Durst was set to receive $43.5 million in financing from the city to include 163 units of affordable housing in his Hallets Point project along the Queens waterfront in Astoria. But the financing package was abruptly pulled in November, months after Durst and Mayor Bill de Blasio had a public disagreement over campaign donations that included a reference to the HBO series Game of Thrones, according to a report in Politico New York.
The city said that financing package was pulled because of a limited supply of subsidy and many deserving affordable-housing projects.
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Crain's
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