Bronx Housing Deal For Milbank

Published on April 26, 2011, 1:39 pm
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City officials say a new agreement will remedy what they call “deplorable” living conditions at a Bronx housing complex.

The improvements will affect more than 1,000 residents of the former Milbank complex.

Finkelstein Timberger, LLC and its principal, Steven Finkelstein, have agreed to pay $27.75 million for the 10 buildings.

They plan to rehabilitate the buildings and keep them affordable for the current tenants.

Mayor Michael Bloomberg and City Council Speaker Christine Quinn were among the officials making the announcement Tuesday.

Bronx Borough President Ruben Diaz Jr. says the agreement marks a fresh start for tenants who were long treated “like second-class citizens in their own homes.”


Jonas Bronck is the pseudonym under which we publish and manage the content and operations of The Bronx Daily.™ | - the largest daily news publication in the borough of "the" Bronx with over 1.5 million annual readers. Publishing under the alias Jonas Bronck is our humble way of paying tribute to the person, whose name lives on in the name of our beloved borough.