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Search results for "developer" ...

  • An Offramp to Nowhere

    The Omaha developer Seldin Co. won $4 million in federal earmarks for an interstate interchange between Lincoln and Omaha, Nebraska, but was found to have lobbied for the interchange where Seldin owns 935 acres of land.
  • The Loudoun Network

    "In Loudoun County one of the nation's fastest-growing counties, local officials who routinely voted on billion-dollar building projects worked closely with the developers they regulated."
  • Boom for McMillin, Bust for City

    "A four-month investigation into the redevelopment of a 235-acre Navy boot camp in the heart of San Diego revealed a lopsided deal that put cash in the pockets of developer Corky McMillin Cos. executives and left taxpayers footing the bill. The City of San Diego probably won't see any money from a promised 50-50 profits split, the investigation showed."
  • Desert Dealer

    If the State Land Dept. had run a background check on land developer Jim Rhodes, it would have found that he had admitted illegally using funds to aid politicains, along with his connections to corrupt Nevada officials. He purchased 1,000 acres of state trust land and the right to master plan an additional 6,700 acres. Rhodes has been successfully sued for fraud, self dealing and theft, among other offenses.
  • A Trail of Broken Promises

    The story follows an agency, known as the Southeastern Economic Development Corp., as the president used a legal settlement to get a small business owner to remove its claim on a piece of coveted land. The agency then ignored the settlement and allowed a developer with business ties to the chairman to take over the land. The broken settlement cost the small business owners their expansion plans and their business.
  • Desert Dealer

    "Las Vegas homebuilder Jim Rhodes became the most influential developer in the East Valley when he bought more than 1,000 acres of state trust land, and the right to master plan an additional 6,700 acres. The State Land Department made no attempt to check his background before selling the land and planning rights, which will set the tone for 275 squares miles of trust land in the area. Had they checked, Land Department officials would have found that Rhodes has admitted illegally using his money to aid powerful politicians, and had close ties to corrupt public officials in Nevada. He also has repeatedly and successfully been sued for fraud, self dealing and theft; and has a long history of complaints for shoddy construction."
  • Mississippi Developers' Pasat Includes Fraud

    After Hurricane Katrina hit Hancock County, Mississippi, a massive reconstruction project was planned to restore resorts, condominiums and a casino. The developers Paradise Properties of Florida vowed to spend $5 billion to help in the effort, an amount which is worth more than the real estate in Hancock County before the hurricane. But members of the firm have been accused of multi-million dollar internet scams.
  • In 2004, the Future of Affordable Housing in the Silk City was . . . SOLD!

    Paterson, N.J. mayor Jose "Joey" Torres "sold liens in blighted neighborhoods to a favored developer at a cut rate." The developer (Glen Fishman) would then foreclose on the properties and "flip them for a profit." Non-profit groups like Habitat for Humanity, which had been attempting to construct affordable housing were thus priced out of the market, or had to pay marked-up prices to Fishman for land in the tough neighborhoods.
  • One Small Lot, One Big Mess

    Long Island development group Utopia Studios, Ltd. "proposed a major development for the southeastern Connecticut region," with their takeover of "one of the most vital pieces of property in the region" approved by Preston, Connecticut voters. Utopia promised "a $1.6 billion project with theme parks and movie studios and 22,000 new jobs" and thus gained a lot of political support. But the Day "discovered that the principle Utopia developer, Joseph Gentile, had been sued in conjunction with a condominium project in New York City." Reporter Paul Choiniere investigated further, and found that Gentile's dealings on that property were questionable.
  • Winning Friends and Influencing Commissioners

    "This story project revealed how the largest private developer if tax-credit affordable housing in Texas co-opted commissioners serving on the Bexar County Housing Authority by providing undisclosed financial incentives to secure the agency's support for tax breaks needed to build multimillion dollar apartment complexes."