March 18, 2014 Community News, Construction, People, Real Estate
••• “Leonardo DiCaprio looks to be expanding his Battery Park City digs at 2 River Terrace. DiCaprio, who’s had a home at the eco-friendly building since 2008, nabbed the adjacent unit from neighbors Steven Gidumal and Allison Keeley for $8 million, according to public records.” —The Real Deal
••• “Manhattan’s top federal prosecutor filed a civil rights lawsuit Monday against Related Companies, one of New York City’s most prolific builders, charging that the developer had violated the Fair Housing Act by discriminating against disabled tenants in the design of two 23-year-old apartment buildings. The lawsuit claims that Related’s TriBeCa Green building, at 325 North End Avenue, and One Carnegie Hill, on East 96th Street, are inaccessible to disabled tenants because kitchens, closets and bathrooms are not big enough for someone in a wheelchair to maneuver within, mailboxes are mounted too high, and room identification signs lack raised-letter Braille for persons with visual impairments.” —New York Times
••• “The Battery Park City Authority has filed a $50-million suit against Citigroup, J.P. Morgan, and Merrill Lynch, alleging that the giant banks made ‘material misrepresentations and/or omissions’ when they represented the agency in a 2003 issuance of $635 million in auction-rate securities, which are essentially long-term bonds tied to short-term interest rates.” —Broadsheet
••• Downtown Post runs down the construction projects on the Battery Park City Authority’s list, including “repairing the pilings on which Battery Park City sits. […] The BPCA is embarking on Phase Two, with RFP responses due back on April 3.”
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