101 W. 87th St.

Yair Levy had planned to convert this building into condominiums, but underwent foreclosure and was accused of fraud. It was then bought by Fisher Brothers and BlackRock and is being developed by Bazbaz Development. To find out more about this deal and the fallout, click here and here.


Block:1218

Developer: Balbaz Development
President: Sonny Bazbaz
Attorney for Fisher Brothers: Martin Heistein (Belkin Burden Wenig & Goldman, LLP)
Property Manager: David Frankel (Flatiron Real Estate Advisors, LLC)
Sales and marketing: Halstead
Sales office telephone: 212-381-2552

Important Information:

  • 101 W 87th St has 2 beds, 2 baths, approximately 1,302 square feet, and was built in 1987
  • The developer has proposed to shut down the only working elevator for 2 days despite there being at least four inhabitants of the building who cannot manage stairs.
  • The ventilators in the building are not working and need to be fixed.
  • People currently have access without being announced.  This is a recurrent issue.

44 West 87 Street, 208 West 84 Street

Address: 44 West 87 Street
Block No: 1200
Lot No: 52

Address: 208 West 84 Street
Block No: 1231
Lot No: 40

Contact:

Rev. Laura Jervis, President
Westside Federation of Senior and Supportive Housing
2345 Broadway
New York, NY 10024
(T) 646-214-2601

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Summary of site plans and status

On November 15, 2006, the Land-Use Committee for Community Board 7 discussed the West Side Federation of Senior and Supportive Housing application regarding the Department of Housing & Preservation’s (HPD) application to the City Council for the disposition of city-owned properties at 44 West 87 Street and 208 West 84 Street. This presentation supported designating these properties as “urban development action area projects” (UDAAP), specifically to be used for low-income/affordable housing. In December 2006, Community Board 7 passed a resolution supporting this designation.

In a November 6, 2006 letter, HPD encouraged the City Council to support these actions, and in December, 2006, the Council voted its approval. The tentative schedule for both projects is approximately 18 months from closing to completion of construction.