Stuart and Jay Podolsky face serious legal trouble. Deal for cluster sites now unlikely
Mayor de Blasio is “pausing” a deal with Stuart and Jay Podolsky after it was reported in the WSJ that federal prosecutors are investigating whether the brothers evaded taxes.
The proposed deal: The city was set to acquire 17 “cluster sites” in Brooklyn and the Bronx from the Podolsky family and convert them into permanent affordable housing, according to the Daily News.
What are Cluster Sites: Apartment buildings for the homeless. In 2016, the Mayor deemed the housing unsafe and promised to move the residents to homeless shelters. At the time, there were more than 3,000 units in buildings across the city.
