White Plains Real Estate Developer Charged With Operating Ponzi Scheme White Plains Real Estate Developer Charged With Operating Ponzi Scheme
White Plains Real Estate Developer Charged With Operating Ponzi Scheme A real estate developer is facing up to two decades behind bars for operating an alleged years-long Ponzi scheme that included properties in the Hudson Valley. Michael D’Alessio, 52, has been charged with committing wire fraud in connection to his elaborate scheme to defraud investors in luxury real estate developments in Manhattan, the Hamptons, Westchester and elsewhere. D'Alessio is the former president and CEO of real estate development firm Michael Paul Enterprises in White Plains. A career real estate developer and contractor, D’Alessio was the CEO of an investment and development fi…
Proposed Elmwood Country Club Townhouse Development Up To 175 Units Proposed Elmwood Country Club Townhouse Development Up To 175 Units
Proposed Elmwood Country Club Townhouse Development Up To 175 Units The new owner of the former Elmwood Country Club in Greenburgh wants to build a 175-unit townhouse community for people age 55 and older.Ridgewood Real Estate Partners, which bought the 106-acre mostly open space along Dobbs Ferry Road for $13 million last year thinks that senior citizens remain an underserved population in Westchester County. Officials at the U.S. Department of Housing and Urban Development who battled former County Executive Rob Astorino for years over a HUD lawsuit settlement, mostly agree, as reported here by Daily Voice.  The former golf course's neighbors -- similar t…
Hudson Valley Real Estate Consultant Admits To Federal Voter Fraud Hudson Valley Real Estate Consultant Admits To Federal Voter Fraud
Hudson Valley Real Estate Consultant Admits To Federal Voter Fraud A Hudson Valley man is facing time behind bars after pleading guilty to conspiring to corrupt the electoral process in connection to a New York election. Orange County resident Volvy “Zev” Smilowitz, 29, has pleaded guilty to “the biggest federal voter fraud cause in the modern era,” according to Geoffrey Berman, the United States Attorney for the Southern District of New York, who announced the guilty plea on Tuesday. According to the indictment that Smilowitz, of Monroe, pleaded guilty to, beginning in 2006, while serving as a consultant, he, Shalom Lamm and Kenneth Nakdimen, real estate …
Plan Moves Forward For Luxury Golf Community In Westchester Plan Moves Forward For Luxury Golf Community In Westchester
Plan Moves Forward For Luxury Golf Community In Westchester Plans to transform the Hampshire Country Club in Mamaroneck into a luxury residential golf community took another step forward with the close of the public comment period on the Draft Environmental Impact Statement (DEIS).  The Planned Residential Development (PRD), which is before the Village Planning Board for site plan approval, will now move into the Final Environmental Impact Statement (FEIS) stage. Called the Residences at Hampshire Country Club, the development will feature 105 ultra-luxury residential units, including 64 carriage homes designed to appeal to empty-nesters looking for…
Lawmaker: NJ Probes Pumping Into Stream From Mahwah/USR Construction Site Lawmaker: NJ Probes Pumping Into Stream From Mahwah/USR Construction Site
Lawmaker: NJ Probes Pumping Into Stream From Mahwah/USR Construction Site UPPER SADDLE RIVER, N.J. – State environmental authorities on Monday will investigate the pumping of muddy water into a stream from a luxury-housing construction site at the former Apple Ridge Country Club in northwest Bergen County, state Assemblywoman Holly Schepisi said. ****** UPDATE: Following the release of a video by a concerned citizen, pressure from a state assemblywoman and coverage from Daily Voice, Bergen County authorities have ordered builders to stop pumping muddy water into a nearby stream from a site slated for dozens of luxury homes in Upper Saddle River and Mahwah. https…
ID Released For Man Struck, Killed By Metro-North Train ID Released For Man Struck, Killed By Metro-North Train
ID Released For Man Struck, Killed By Metro-North Train Officials have identified the man fatally struck by a train near the Fairfield Metro-North as MTA Police detectives continue their investigation. Fairfield resident Alfred Lenoci, Jr., 55, was fatally struck by the train at approximately 5:15 a.m. on Wednesday morning, a Metro-North spokesperson said, when the 4:37 a.m. train from New Haven, due into Grand Central at 6:34 a.m., fatally struck him west of the station, near Grasmere Avenue in Fairfield. Lenoci is a well-known real estate developer who served prison time and was convicted in 2001 for his role in the corruption investigation of…
Mamaroneck Playhouse Will Reopen With Six Movie Screens Mamaroneck Playhouse Will Reopen With Six Movie Screens
Mamaroneck Playhouse Will Reopen With Six Movie Screens The Sound Shore's historic movie theaters are being saved one-by-one.           The Mamaroneck Playhouse at 238 Mamaroneck Ave., which has been closed since 2015, is expected to reopen later this year. Blue Zees Real Estate, a New York City-based developer, bought the playhouse from Bow Tie Cinemas for $2 million this month, according to Westchester County property records. The company plans to renovate the building and reopen it by the fall as a six-screen theater, according to this report by LoHud.com. "This will allow our kids to see movies in their hometown," said Mayor Thoma…
'Horror Houses' Developer Appeals Wanaque Stop Work Order 'Horror Houses' Developer Appeals Wanaque Stop Work Order
'Horror Houses' Developer Appeals Wanaque Stop Work Order The developer of  47-unit townhouse project in Wanaque is appealing a stop work order issued by the borough in December, NorthJersey.com reports. The Lakeside Manor project was declared dead last year when developer Jacinto Rodrigues failed to meet a key deadline, the article says. It was named the "horror" townhouse project by a resident, as the houses were left "abandoned, unfinished and dilapidated," according to the report. Rosdrigues, who owns Sumo Enterprises, has a hearing with the appeals board scheduled for Feb. 22, NorthJersey.com says.
Apartment Complexes Get Approval In Mount Vernon Apartment Complexes Get Approval In Mount Vernon
Apartment Complexes Get Approval In Mount Vernon Housing developers have received approval letters that permit construction of new apartment complexes around the city of Mount Vernon, according to a report by LoHud.com.  The Mount Vernon Zoning Board of Appeals informed four developers they have received zoning changes that were critical to allow the construction of denser multifamily residences, LoHud reported here.  The zoning board sent Jan. 18 approval letters to architect Tom Abillama for three projects he represents, including Fleetwood Terrace, a 44-unit complex at 16 E. Broad St., the site of the former Fleetwood Animal Hospital, …
Haledon Boarding House For Italian Immigrants-Turned Restaurant Comes Down Haledon Boarding House For Italian Immigrants-Turned Restaurant Comes Down
Haledon Boarding House For Italian Immigrants-Turned Restaurant Comes Down HALEDON, N.J. — Casa Di Calabria in Haledon has been demolished to make way for new apartments, NorthJersey.com reports. A deep history runs through the Barbour Street Mexican eatery --formerly Piedmont Restaurant, the article says. The facility served as a boarding house for Italian immigrants working in the mills in the late 1800s, and was named after the men coming from the Piedmont region, owner Joe Colucci told NorthJersey.com. Immigrant and chef John Colucci owned the place in the 1960s, the article says. He renovated the kitchen and added a party room and a parking lot, according to…
Brand New Apartments, Retail Space Approved In $6M Paterson Project Brand New Apartments, Retail Space Approved In $6M Paterson Project
Brand New Apartments, Retail Space Approved In $6M Paterson Project PATERSON, N.J. — A $6 million construction project will soon begin in Paterson, NorthJersey.com reports. The planning board approved the construction of a four-story building that includes more than 65 new apartments and space for three retail businesses at street-level, the article says. The work is being done by Jersey City's Novus Equities, which already has several other projects going in Passaic, Paterson, Jersey City, East Orange, Irvington and Elizabeth, its website says. CLICK HERE FOR MORE.
New Rochelle City Council Moves Forward With Ambitious City Yard Relocation New Rochelle City Council Moves Forward With Ambitious City Yard Relocation
New Rochelle City Council Moves Forward With Ambitious City Yard Relocation The New Rochelle City Council has unanimously agreed to move forward with the proposed new Public Works Operation Center. City officials announced this week that they have reached the agreement to construct the new Public Works Operations Center - more commonly referred to as City Yard - in the ground level of the busy Home Depot/Costco complex at Nardozzi Place. Under the terms of the agreement, a private developer will construct a 245,000-square-foot commercial structure, then lease 130,000-square-feet at the ground level for city use. Construction is expected to begin later this year. &…