A mortgage for the mayor’s home at 384 11th Street came from Wall Street Morgage Bankers
August 5, 2019
De Blasio secured mortgages for his Park Slope homes from bank tied to dubious deal with city
The mortgages secured by Mayor Bill de Blasio for his two Park Slope homes came from a bank linked to a firm that received millions of dollars from the city in a controversial housing deal. The Daily News reported on Monday that the founder of the bank that gave the mortgages to de Blasio is Abraham Podolsky, the brother of Jay and Stuart Podolsky, whose firm sold 17 buildings to the city for $173 million earlier this year. Critics have questioned the deal with the Podolsky brothers, who are known for owning poorly maintained properties, and City Comptroller Scott Stringer called on City Hall to release the deal's appraisals.
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