East Harlem landlord admits to endangering tenants with gut renovation

An East Harlem landlord accused of trying to force tenants out of his rent-stabilized building by gut renovating the building pleaded guilty on Wednesday to reckless endangerment and endangerment of a child. Ephraim Vashovsky, 49, was arrested last year after allegedly renovating his rent-stabilized apartment building at 21 East 115 Street to drive a family[…]

NYCHA head testifies about misleading lead inspection reports

New York City Housing Authority Chair Shola Olatoye and other senior de Blasio administration officials testified on Tuesday about filing misleading documents on mandatory lead inspections at public housing complexes. Last month, the city’s Department of Investigation released a report saying NYCHA submitted false paperwork to the federal government claiming it had conducted lead-paint inspections[…]

Stop, hammer time: Q&A with NYC construction boss Ralph Esposito

In less than a decade, Lendlease has become the go-to construction manager for Billionaires’ Row. The Australian-based company is behind Extell Development’s One57, Harry Macklowe and CIM Group’s 432 Park Avenue, World Wide Group and Rose Associates’ 252 East 57th Street, Vornado Realty Trust’s 220 Central Park South and Hines’ 53 West 53rd Street. The[…]

Cushman’s top Americas executive is out

Tod Lickerman is stepping down as Cushman & Wakefield’s chief executive of the Americas. It’s not clear why Lickerman left or where he’s headed next, Connect Media reported. He joined the Chicago-based commercial real estate services firm in 2013, after leaving JLL. “After 4 great years helping to lead DTZ and Cushman & Wakefield I’m[…]