Forest City Ratner Commercial Loan Sold to Blackstone and Wells Fargo

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YONKERS, NY — The Wall Street Journal today reported that the “Blackstone Group LP and Wells Fargo & Co. reached a deal with Allied Irish Banks PLC to buy a pool of about $600 million in U.S. commercial-property loans.” The two firms are buying the loans which are comprised of “a mix of hotels, office buildings and retail properties in …

eHeziForest City Ratner Commercial Loan Sold to Blackstone and Wells Fargo

‘Perceptual Purposes Only’ – In Other Words, More Amicone Spin By HEZI ARIS

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While one would suppose the “learning process” would begin before the Yonkers   City Council membership within the City Council’s august chambers, the tone and purpose of this briefing seminar-like experience began in City Hall’s elevator. It was a conversation that took place as the elevator moved from the first floor to the forth floor. Standing in the elevator were Johnathan A. …

eHezi‘Perceptual Purposes Only’ – In Other Words, More Amicone Spin By HEZI ARIS

Analysis: Administration Stalls Inquiry by Commissioners Who Are Not Transparent in their Response By HEZI ARIS

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YONKERS, NY –  The Yonkers City Council’s scrutiny of various department commissioners were thrown into almost immediate disarray at the May 10, 2011 meeting of the Yonkers City Council as they continued their due diligence in scrutinizing Mayor Amicone’s FY 2010-2011 Budget Proposal when Yonkers City Councilwoman Joan Gronowski made inquiry of Finance Commissioner Carl Maniscalco. He asserted a particular …

eHeziAnalysis: Administration Stalls Inquiry by Commissioners Who Are Not Transparent in their Response By HEZI ARIS

The Hezitorial: Yonkers Mayor Amicone’s FY2011-2012 Executive Budget By Hezi Aris

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Yonkers Mayor Phil Amicone’s FY2011-2011 Executive Budget proposal promotes a 4.81 percent tax increase. Even so, Mayor Amicone (extreme right) projects sales tax revenue despite the incessant delays by Forest City Ratner in completing the Ridge Hill development. Mayor Amicone will conduct a ribbon cutting ceremony of the cinema in May of this year at Ridge Hill. The balance of …

eHeziThe Hezitorial: Yonkers Mayor Amicone’s FY2011-2012 Executive Budget By Hezi Aris

Bruce Ratner – The Teflon Don By Hezi Aris

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“Real Estate Developer No. 1” May Have Hog-Tied Brooklyn, Yonkers, and New Rochelle – Photo of Forest City Ratner President Bruce Ratner>>> Carlos Gonzalez, The Albany Correspondent, for The Westchester Guardian / Yonkers Tribune on Wednesday, March 9, 2011, reported: Breaking News: Albany Correspondent – Another Corruption Charge for Another Senate Democrat By Carlos Gonzalez.

eHeziBruce Ratner – The Teflon Don By Hezi Aris

DDDB Wins Atlantic Yards Lawsuit

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Court Rejects NY State's Misrepresentations About Completion Of Atlantic Yards, Sending Project Back To Empire State Development Corp For Reconsideration New York, New York— State Supreme Court Justice Marcy S. Friedman issued a ruling today in favor of Develop Don't Destroy Brooklyn (DDDB) and associated neighborhood groups, slamming the Empire State Development Corporation (ESDC) for "what appears to be yet another …

eHeziDDDB Wins Atlantic Yards Lawsuit

Makeshift Legal and Political Scaffolding of SFC Project Robs Yonkers its Future Success by Hezi Aris

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The legal and political wrangling has taken four years to define and construct. Its structure, originally the vision of Yonkers Mayor Phil Amicone, languished in thought for years.Before evaporating into a mirage, a triumvirate of developers were courted into our realm, enticed with the promise of Yonkers' booty and treasure. They would come to relish the vision; they would extrapolate …

eHeziMakeshift Legal and Political Scaffolding of SFC Project Robs Yonkers its Future Success by Hezi Aris