Tuesday, June 21, 2011

Foreclosure Court Patronage Reaches Bloomberg's Deputy Mayor

Connected Lawyers Reap Foreclosure Benefits The foreclosure crisis has caused a surge in the number of court-appointed receivers for distressed properties in New York, and politically connected lawyers are benefiting.(NYT)

Mark Lebow, husband of First Deputy Mayor Patricia Harris, has earned $352,000 as a court-appointed receiver of a distressed property since 2009. The New York Times says he is one of many politically-connected lawyers who get the lucrative receiverships from city judges. Mark Lebow was appointed by the mayor to the MTA Board which has also had problems with corrupt contractor CityTime. MTA dumps CityTime contactor from subway radio overhaul - NYPOST.com

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