The housing boom that swept the nation spawned glittering luxury condo towers across New York City and was a windfall for developers, banks, mortgage brokers - and the mob.No word yet from union supporter, Barack Obama, on this one.
Affluent buyers paid good money for these elite aeries, which offered every luxury from 24-hour doormen to breathtaking skyline views.
While the white-collar world reaped fortunes, the Gambino crime family quietly made millions building high-rise condos from the trendy Flatiron District to hipster Brooklyn to gentrifying Queens, a Daily News probe found.
It wasn't always a good deal for all concerned. Twice, botched excavations resulted in the near-collapse of buildings next door.
Sunday, February 06, 2011
Gambino crime family quietly made millions building high-rise condos across New York City
The New York Daily News reports:
