An investigation is underway into a controversial New York City real estate deal for the Department for the Aging. Emails reveal disputes and potential favoritism, prompting a review by the Adams administration and further scrutiny from city investigators.
1. Investigation into NYC Real Estate Deal
A controversial lease agreement for the New York City Department for the Aging has come under investigation, following allegations of favoritism and disputes over procurement processes. The lease involves 14 Wall Street, a property owned by billionaire Alexander Rovt, a prominent donor to Mayor Eric Adams.
2. Emails Reveal Internal Disputes
Internal emails obtained by POLITICO reveal a heated dispute between officials over the selection process. Deputy Commissioner Jesse Hamilton, a close friend of Mayor Adams, reportedly overruled the original winning bidder for the lease, directing negotiations toward Rovt’s building instead.
3. Aging Commissioner’s Advocacy
NYC Aging Commissioner Lorraine Cortés-Vázquez supported the choice of 14 Wall Street. In a June email to DCAS Commissioner Dawn Pinnock, she urged for the resolution of what she termed an “unnecessary log jam.” However, the emails suggest conflicting views within city agencies on the matter.
4. Deal Paused Amid Review
The Adams administration has paused the lease deal for further review by First Deputy Mayor Maria Torres-Springer. Meanwhile, the city Department of Investigation is reportedly examining Hamilton’s role in steering the deal. DCAS Commissioner Louis Molina defended the decision, stating it was made with cost-effectiveness and public interest in mind.
5. Redacted Emails Add Mystery
Additional emails obtained through Freedom of Information requests were heavily redacted, leaving unanswered questions about the internal deliberations. The issue remains a focal point of scrutiny as investigators continue their work.
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