Lousy news for this neighborhood.
Rivington House sold for $116 million dollars. The city “lifted the deed restrictions without any guarantees that the property would remain a community asset”.
At the same time that Cuomo and de Blasio are frantic to find housing for people with HIV AIDs this building, a former AIDs hospice, was let go for $16 million to the Allure Group (who just flipped a nursing home for condos in Bed Sty).
To read more detail: Lo-Down.
Thanks to the Lo-Down for their thorough reporting.