The Fraud Committed by the Urban Homesteading Assistance Board (UHAB) Against the Residents of 640 Riverside Drive
Do not enter the lottery to buy an apartment in this building.
You’re not purchasing equity—you’re inheriting debt.
UHAB is drowning in over $80 million of debt, and no amount of maintenance fees will cover it. To understand how dire the situation is, check their website at https://640rsd.org.
A Nightmare of Renovation and Deception
936-938 St. Nicholas Avenue is a grim preview of what awaits 640 Riverside Drive.
https://pix11.com/news/local-news/co-op-owners-say-they-may-be-forced-from-homes-due-to-loan-mismanagement-by-third-party/
A Pattern of Fraud Across New York City
Visit https://showthebooks.org
Failure to Convert
The offering plan for our sister building, 644 Riverside Drive, to grasp the scale of the crisis:
https://640rsd.new-york.ny.us/644Docs/644-Conversion_Redacted.pdf
Government Failure?
Some of us have already sounded alarms with the Department of Justice, the Manhattan District Attorney, and the New York State Attorney General—yet no one has flagged any wrongdoing.
Failures Fully Documented
For more details you can read the Medium story: https://theochino.medium.com/why-i-am-going-after-cory-booker-girlfriend-d6bf8ee8a6e3
Drowning in Debt and Deceit
UHAB is drowning in over $80 million of debt, and no amount of maintenance fees will cover it. To understand how dire the situation is, check their website at https://640rsd.org.
“We are a group of NYC tenant-harrassed victims asking for a federal, state, and city investigation that would open the books for a real investigation into all HPD private-public partnerships with Neighborhood Restore (and non-profits), including the Third Party Transfer program, TIL-ANCP, and Inclusionary Zoning.”
Show the Books victims