Allure Group

Rivington House Sells to Mystery Buyer for $160M

Posted September 19, 2019 at 5:00 am

The saga of Rivington House continues this week with news of its sale. Indeed, three years after Slate Property Group, China Vanke Co., and Adam America Real Estate together purchased the property, the ownership team is cashing out. Price paid for the real estate was $116 million; sale price is $159.6 million. For the moment, […]

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Mount Sinai Details $140M Rivington House Transformation as ‘Largest’ Private Investment in Behavioral Health

Posted July 24, 2019 at 5:00 am

Mount Sinai this week released more details about its billion-dollar downtown plans, including the future of Rivington House. The media advisory released on Monday boasts that the $140 million transformation is the “largest private investment in behavioral health in New York history.” More below… Included in the $1 billion Downtown plan is a $140 million […]

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AG Ready to Sue if Allure Group Doesn’t Build LES Health Care Facility by 2022

Last modified May 15, 2019 at 7:56 am

And so the Rivington House saga continues apace… Under the terms of the settlement with the New York Attorney General last year, the Allure Group is on the hook for $750,000 in penalties and costs to the State, plus an additional $1.25 million to a half-dozen Lower East Side healthcare non-profits. All related to their […]

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Time is Ticking for the Allure Group to Create LES Health Care Facility as Part of Rivington House Settlement

Last modified March 6, 2019 at 10:18 am

The legal fallout from the Rivington House scandal continues, as the Allure Group literally pays for its nefarious roles in the cancelation of the deed restriction that ultimately led to the $116 million sale of the former nursing home. Under the terms of the settlement with the New York Attorney General last year, Allure is on […]

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Here’s Where the $1.25M Rivington House Settlement Money is Going

Posted February 6, 2019 at 5:00 am

In the wake of the Rivington House scandal, the Attorney General last year settled with the Allure Group for its nefarious conduct in shutting down and canceling the deed restriction that led to the $116 million sale of the former nursing home. Under the terms of the settlement, Allure is on the hook for $750,000 […]

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Streets

De Blasio Scuttles Deal for Rivington House Replacement at 30 Pike Street

Posted January 10, 2018 at 5:14 am

Talk about a bait and switch. Mayor de Blasio yesterday reneged on his year-old promise of senior affordable housing at 30 Pike Street, currently a Department of Environmental Protection facility. It had been a knee-jerk remedy in response to his atrocious handling of the Rivington House scandal. However, that plan was just scuttled in favor […]

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Allure Group Settles with AG Over Rivington House Scandal, Forced to Pay $1.25M to LES Nonprofits

Posted January 8, 2018 at 5:06 am

Coming up on the second anniversary of the controversial $116 million sale of Rivington House into luxury condos, Attorney General Eric Schneiderman last Friday announced a settlement with the Allure Group for its role in shutting down and selling the deed-restricted nursing home. In 2015, after acquiring the property, they paid the city $16.1 million […]

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City Partially Lifts Year-old Stop-Work Order at Rivington House

Posted June 20, 2017 at 5:17 am

Here we go… The Department of Buildings last week lifted, in part, the stop-work order on Rivington House. It was first issued by the city fourteen months ago, in the wake of the budding scandal revolving around the controversial deed lifting and subsequent condo flip. The partial rescind is causing concern amongst neighborhood activists and […]

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City Official who Approved Rivington House Deed-Lifting is Fired

Posted February 27, 2017 at 9:49 am

Under fire from all angles, the de Blasio administration on Friday fired the official behind the deed-lifting that ultimately resulted in the $116 million sale of Rivington House into condos. The scandalous transaction led to a $75 million windfall for the city. The Wall Street Journal had the scoop on the firing of deputy Ricardo Morales. […]

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This is the Bombshell Rivington House Deal Memo the de Blasio Administration Tried to Cover up

Posted July 27, 2016 at 10:02 am

The Department of Investigation, whose scathing report last week proved a mishandling by the de Blasio Administration in the Rivington House deed fiasco, released evidence late yesterday that the Mayor’s office deliberately covered up crucial information regarding the ongoing investigation. Specifically, a deal memo from July 2014 that weighed the pros and cons of allowing the […]

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