Knowledge (XXG)

Clipper Equity

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Due to past irregularities, Clipper Equity was banned for life in 1998 from converting apartments to condominiums or co-ops in New York State. Exceptions to this ban are made on an individual project basis. For example, Clipper Equity has been given permission to sell apartments it is renovating in
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complex, the largest federally subsidised housing development in the United States, for a then record $ 1.3 billion on February 8, 2007. The State of New York and the Federal Department of Housing and Urban Development expressed concerns, and on March 1, 2007, a US Federal Judge blocked the sale.
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and Sam Levinson. The firm owns more than 60 buildings, with thousands of residential units, in New York and New Jersey. The partnership are known for their attempted purchase of the
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said Clipper Equity, the prospective buyer of the complex, failed to explain how it would remain an affordable community.
86:, for $ 1.3 billion on February 8, 2007 in one of the largest real estate transactions in history. New York's Mayor 155: 232: 173: 83: 211: 181: 112: 87: 104: 45: 33: 75: 61: 133:"Sanchez v. Clipper Realty, Inc. et al, No. 1:2021cv08502 - Document 55 (S.D.N.Y. 2022)" 286: 99: 79: 49: 185: 90:
expressed concerns over the new landlord's history of building violations.
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According to the Associated Press, Housing Secretary
55: 39: 29: 21: 205: 203: 201: 8: 16: 293:Real estate companies of the United States 15: 124: 223: 221: 7: 167: 165: 98:Clipper Equity attempted to buy the 298:Companies based in New York (state) 229:"Mayor wary of new Starrett owners" 14: 172:Bagli, Charles V. (2007-02-08). 135:. Justia US Law. 31 October 2022 1: 156:"The Closing David Bistricer" 254:"New York Recorder Of Deeds" 154:Solomont, E.B (March 2016). 314: 25:Limited Liability Company 210:Pincus, Adam (Sep 2013). 74:is a partnership led by 278:Clipper Equity Website 212:"Bistricer Gets Busy" 82:housing complex in 18: 178:The New York Times 84:Brooklyn, New York 72:Clipper Equity LLC 17:Clipper Equity LLC 113:Downtown Brooklyn 88:Michael Bloomberg 69: 68: 305: 265: 264: 262: 260: 250: 244: 243: 241: 240: 231:. Archived from 225: 216: 215: 214:. The Real Deal. 207: 196: 195: 193: 192: 169: 160: 159: 158:. The Real Deal. 151: 145: 144: 142: 140: 129: 105:Alphonso Jackson 34:New York (state) 19: 313: 312: 308: 307: 306: 304: 303: 302: 283: 282: 274: 269: 268: 258: 256: 252: 251: 247: 238: 236: 227: 226: 219: 209: 208: 199: 190: 188: 171: 170: 163: 153: 152: 148: 138: 136: 131: 130: 126: 121: 96: 76:David Bistricer 64: 62:David Bistricer 58: 48: 42: 12: 11: 5: 311: 309: 301: 300: 295: 285: 284: 281: 280: 273: 272:External links 270: 267: 266: 245: 217: 197: 161: 146: 123: 122: 120: 117: 95: 92: 67: 66: 59: 56: 53: 52: 43: 40: 37: 36: 31: 27: 26: 23: 13: 10: 9: 6: 4: 3: 2: 310: 299: 296: 294: 291: 290: 288: 279: 276: 275: 271: 255: 249: 246: 235:on 2007-08-31 234: 230: 224: 222: 218: 213: 206: 204: 202: 198: 187: 183: 179: 175: 168: 166: 162: 157: 150: 147: 134: 128: 125: 118: 116: 114: 108: 106: 101: 100:Starrett City 93: 91: 89: 85: 81: 80:Starrett City 77: 73: 63: 60: 54: 51: 47: 44: 38: 35: 32: 28: 24: 20: 257:. Retrieved 248: 237:. Retrieved 233:the original 189:. Retrieved 177: 149: 137:. Retrieved 127: 109: 97: 71: 70: 65:Sam Levinson 30:Headquarters 22:Company type 259:21 February 94:Controversy 41:Area served 287:Categories 239:2007-02-10 191:2019-04-25 139:19 January 119:References 57:Key people 50:New Jersey 186:0362-4331 46:New York 184:  261:2019 182:ISSN 141:2024 289:: 220:^ 200:^ 180:. 176:. 164:^ 115:. 263:. 242:. 194:. 143:.

Index

New York (state)
New York
New Jersey
David Bistricer
David Bistricer
Starrett City
Brooklyn, New York
Michael Bloomberg
Starrett City
Alphonso Jackson
Downtown Brooklyn
"Sanchez v. Clipper Realty, Inc. et al, No. 1:2021cv08502 - Document 55 (S.D.N.Y. 2022)"
"The Closing David Bistricer"


"Apartment Complex in Brooklyn Sold for $ 1.3 Billion"
ISSN
0362-4331



"Bistricer Gets Busy"


"Mayor wary of new Starrett owners"
the original
"New York Recorder Of Deeds"
Clipper Equity Website
Categories
Real estate companies of the United States

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