One Day You’ve Been Gentrified . . .

. . . then they move in the homeless shelter. Buried lede — at $2700 a month, developers everywhere should be volunteering to convert their bad investments into shelters:

City officials said the condos — which couldn’t attract buyers in the fizzled housing market — are part of an effort to help an “unprecedented” number of homeless families who have ended up on the street because of the tough economy.

Units priced at $350,000

It appears to be the first time a faltering upscale building has found a new purpose as a shelter, said Steven Spinola, president of the Real Estate Board of New York.

Neighbors were furious the 67-unit building on East New York Ave., where apartments were supposed to sell for $250,000 to $350,000, has been turned into a shelter.

“I’m a hardworking taxpayer, and I don’t think homeless people should be living better than me,” fumed Desmond John, 35, a window salesman who wanted to rent one of the fancy apartments. “They said it’s not for rent. It’s a shelter. I was shocked.”

Luxury brokerage firm HQ Marketing Partners started promoting the condos last summer — with the hook that buyers could custom design the units.

When the market started to tank in the fall — and his gamble on a fringe neighborhood didn’t pay off — developer Avi Shriki said he had to come up with a Plan B.

“When the market went south, we knew we had to do something different,” said Shriki, 44. “With the market being the way it is you have to be creative.”

This spring, Shriki signed a 10-year contract with the Bushwick Economic Development Group to turn the building into a homeless shelter.

Shriki wouldn’t say how much he gets paid — but he said he jumped at the chance to get people in his building.

“At least we still own the building and we are paying our mortgage, so that’s good,” said Shriki. “The outcome is not as bad as some people I know who had to surrender the whole building to the bank.”

City pays $90 a night

The city is paying Bushwick Economic Development Corp. $90 a night for each of the apartments, about $2,700 a month — a figure that also covers social services, housing help and job counseling designed to get families back on their feet.

The developers in similiarly overbuilt Long Island City should take notice — some of these rentals are way under $2700 . . .

What Was Once Just Really Annoying Will Now Rob You, Too

It’s like The Warriors meets West Side Story:

A subway dance troupe turned militant on May 25 when the dancers viciously mugged a 22-year-old straphanger on the J train.

The violent attack began when the victim started conversing with the dancers after they finished an acrobatic performance near the Lorimer Street stop at around 3:40 am.

That’s when one of the perps asked the victim if he would like to “see something mesmerizing.”

The victim said yes, so the perp pulled himself into the air on the train’s metal bars and unleashed a powerful kick to the victim’s chest. Two other dancers then joined in the attack and started punching and kicking the victim in the head and body.

The victim called out to the other two dancers for help, but his pleas only convinced the other performers to join in the walloping.

Eventually, one of the perps demanded that the victim hand over his belongings.

For $4.3 Billion, You Could Renovate JFK’s Terminal 4 More Than Three Times Over*

Or you could build three New Yankee Stadiums. Or more than one Wynn Casino in Las Vegas. Or 10.8 Gravina Island Bridges. In other words, you can do a lot with $4.3 billion:

The World Trade Center Transportation Hub is near-certain to bust its $3.2 billion budget — and there’s a chance it will cost more than $4.3 billion to build, the Daily News has learned.

That’s a spike of as much as $1.1 billion from the Port Authority’s “clear-eyed” estimate of only eight months ago, a review of Hub costs obtained by The News under the Freedom of Information Act reveals.

The December report by the Federal Transit Administration says it’s 90% certain the Port Authority will blow a June 2014 deadline for opening the Santiago Calatrava-designed megaterminal.

The FTA study also estimated there’s a 50-50 chance the Hub could cost $3.8 billion, shattering its budget by $600 million — with no funding for the extra costs.

*Cost: $1.1 billion.

Oh, No-No, You Didn’t Just Cold Call Me Now

Now David Cone is after me about my car warranty:

With the team’s sales department lacking a closer crafty enough to persuade fans and corporations to spend $2,500 on luxury seats in the middle of a recession, the Yankees started handing the ball to the former ace.

“David Cone left a four-minute voicemail on my machine about the seats,” said a season-ticket holder on the fence about the new prices.

. . .

The biggest challenge in making the calls has been getting customers to take him serious.

“Sometimes I get a secretary, and she doesn’t believe it’s me,” he said. “They think it’s a practical joke. Usually, once they get on the phone, they recognize my voice from television and realize the call is for real.”

Location Scout: New Yankee Stadium.

You’re Just Now Figuring Out That Jersey City Serves As The Stunning Backdrop Of The Statue Of Liberty From That Angle?

I can almost make out the turnpike in the distance there:

On April 27, a plane that usually serves as the president’s plane was flying low over the New York City skyline, trailed closely by two fighter jets. It was a photo opportunity — authorized by several government officials, including Mr. Caldera — that infuriated Mr. Obama.

Earlier: What Kind Of “Photo Shoot” Involves Air Force One Flying At A Low Altitude Over New York Harbor? Publicity For A Harrison Ford Sequel?