UPDATED: Mar. 6, 9:37 a.m.: For-profit affordable housing developer BRP Companies plans to sell condominiums instead of rent below-market apartments at its Harlem development called “the Rennie,” according to an offering plan filed with the New York Attorney General’s office. Continue Reading →
Tag Archives: Abyssinian Development
Harlem’s Abyssinian Development’s Fire Sale Sets Off Legal Spat
Cash-strapped Abyssinian Development sold off 31 properties in a fire sale that is now causing a bitter dispute between the portfolio’s buyers. Continue Reading →
Struggling Abyssinian Development Property Fire Sale Triggers Legal Tug-Of-War
The financially-strapped Harlem Abyssinian Development has unloaded 31 properties in a fire sale that has triggered a legal tug-of-war between the new owners. Continue Reading →
Harlem’s Abyssinian Baptist Church Cut From $3.1M
Abyssinian Development Corp., the sprawling housing and social service arm of Harlem’s most influential black church, was cut off from $3.1 million in city contracts two weeks ago after it failed to submit three years of overdue tax filings and independent audits to the Mayor’s Office of Contract Services, the Daily News has learned. Continue Reading →