It has been a great privilege to have been a part of your lives for nearly 20 years at Salon Seven. Thank you for your patronage and loyalty ... I will be moving to a nearby location effective January 6, 2017. My new digs will be at the Tim Dark Hair Salon, located at 27 East 3rd Street where I will continue cutting your hair as usual...
Want to serve and improve your #Manhattan neighborhood? Consider joining your Community Board! Apply here: https://t.co/wp89JyaZic
— Gale A. Brewer (@galeabrewer) December 5, 2016
Community Board members must live, work, or have an otherwise significant interest in the neighborhoods served by the community board, and be a New York City resident. In addition, the Manhattan Borough President’s office looks for applicants with histories of involvement in their communities, expertise and skill sets that are helpful to community boards, attendance at community board meetings, and knowledge of issues impacting their community. No more than 25 percent of the members of any board may be New York City employees.
In September of 2015, Madison Realty Capital, a determined private equity lender, issued Toledano a $124 mil mortgage to buy 17 buildings throughout the East Village and Chelsea area.
News coverage (The Real Deal) has documented the risky lending patterns that Madison Realty Capital maintains. The Real Deal quoted a veteran real estate investor saying that MRC’s $124 million loan to Toledano left him “over leveraged,” and that Toledano is now “pushing up rents to pay off a high mortgage.”
The mortgages Madison Realty Capital issued Toledano went as far as to require him to spend $2 mil of the loan exclusively on tenant buyouts or renovations – practices which often trigger huge rent increases. Tenants in Toledano’s buildings have faced alleged harassment and extensive building issues ever since he took ownership. Signature Bank played a role here as well, as they collateralize Madison Realty Capital in the lending they do.
State Assemblymember Deborah Glick: “Raphael Toledano has proven to be an unscrupulous and harassing landlord who takes financial risks and is often over-leveraged while seeking to make an enormous short-term profit off a group of buildings at the expense of tenant’s rights. Madison Realty Capital, and their collateralized backer, Signature Bank, show a disregard for stable communities by funding these mortgages for Toledano. We urge them to stop funding these projects which inevitably result in tenant harassment."
State Sen. Brad Hoylman: "Madison Realty needs to take responsibility for the unscrupulous, anti-tenant actions of the developers it bankrolls. Madison is greasing the skids for predatory landlords in my district who systematically harass tenants out of their homes. I’m proud to stand with the Toledano Tenants Coalition, Cooper Square Committee, and the Rude Mechanical Orchestra in calling on Madison Realty to pull the plug on Brookhill Properties."
While the food is outstanding at XyZ, cooked by Basque native chef Javier Ortega — who previously owned the TriBeca restaurant Pintxos and ran the kitchen at the natural wine bar The Ten Bells — the wine selection is truly unique and adventurous.
Chef Javier Ortega and his daughter, Alaia, serve up a menu that would be at home in San Sebastian, filled with pintxos and botanas, little bites like salt cod croquetas or salty-sweet pa amb tomaca, tomato-rubbed toasts.
