{"id":4090,"date":"2008-12-16T10:04:59","date_gmt":"2008-12-16T15:04:59","guid":{"rendered":"https:\/\/www.bridgeandtunnelclub.com\/blog\/?p=4090"},"modified":"2008-12-16T10:04:59","modified_gmt":"2008-12-16T15:04:59","slug":"forget_it_jake_--_its_avalon","status":"publish","type":"post","link":"https:\/\/www.bridgeandtunnelclub.com\/blog\/archives\/2008\/12\/forget_it_jake_--_its_avalon.html","title":{"rendered":"Forget It, Jake — It’s Avalon"},"content":{"rendered":"

There are amateurs<\/a>:<\/p>\n

A Manhattan woman has been arrested for allegedly trying to scam thousands of dollars in fees by placing a bogus ad in a newspaper offering cheap rents in fancy apartments, authorities said yesterday. Raadiya James, 22, is accused of buying an ad in AM New York on Dec. 2 that mimicked an official announcement from the Department of Housing Preservation and Development offering cheap apartments on West 57th Street. <\/p>\n

In exchange for a $5 application fee, the home-seekers were offered a shot at studios for $538 and two-bedrooms for $823. <\/p>\n

Over the next few days, more than 1,000 money orders poured into a post-office box. <\/p>\n

But authorities picked up on the alleged scam and when James came to pick up the loot, she was arrested.<\/em><\/p><\/blockquote>\n

And then there are professionals<\/a>:<\/p>\n

“Of course, honey, we’re in a recession,” replied Jackie Sim, the building’s [Avalon Morningside Park, a new 20-story monolith capping Columbus Avenue at 110th Street] leasing agent, when asked whether units had been going more slowly than anticipated. “People are shopping around more.”<\/p>\n

. . .<\/p>\n

Ms. Sim would call the Avalon a “luxury” building rather than “full-service” — in fact, she did slip up a couple of times — if 20 percent of it didn’t fall under the city’s 80-20 affordable housing guidelines. Developer AvalonBay secured $100 million in tax-exempt bonds to keep 59 units rent-stabilized at “affordable” rates (studios for about $620, $922 for a three-bedroom). Though the apartments aren’t quite as swank — Corian countertops instead of granite, for example — AvalonBay won’t have problems filling them up: HPD was still inundated with applications for the lottery. <\/p>\n

“Everyone applied,” said Kelly Garcia, owner of the overstuffed Hardware and Houseware store on 109th and Columbus-including him. “Nobody has said they got in. What I think is they keep it for their own people.”<\/em><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

There are amateurs: A Manhattan woman has been arrested for allegedly trying to scam thousands of dollars in fees by placing a bogus ad in a newspaper offering cheap rents in fancy apartments, authorities said yesterday. Raadiya James, 22, is accused of buying an ad in AM New York on Dec. 2 that mimicked an […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68,10,4],"tags":[],"class_list":["post-4090","post","type-post","status-publish","format-standard","hentry","category-follow_the_money","category-manhattan","category-real_estate"],"_links":{"self":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/4090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/comments?post=4090"}],"version-history":[{"count":2,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/4090\/revisions"}],"predecessor-version":[{"id":4092,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/4090\/revisions\/4092"}],"wp:attachment":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/media?parent=4090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/categories?post=4090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/tags?post=4090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}