
From the NY Post:
ACORN has quietly become one of the Big Apple's biggest owners of low- and moderate-income housing, amassing a real-estate empire worth at least $50 million, The Post has learned.
New York ACORN and a tangled web of affiliates own or manage nearly 1,500 housing units across three boroughs and draw in an estimated $5.7 million in rents, fees and profits from sales.
The properties are controlled by an opaque collection of nonprofits, holding companies andSource: Queens Crap RSS Feed
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