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LiberalElite

(14,691 posts)
Wed Apr 6, 2016, 09:28 PM Apr 2016

740 Park Ave. Fire: Madoff Associate's Apartment Burns, Billionaires Evacuated

http://patch.com/new-york/brooklyn/740-park-avenue-famous-luxury-apartment-complex-fire-0

snip
LENOX HILL, MANHATTAN — Fire struck the apartment of Ezra Merkin, former associate to Brooklyn money crook Bernie Madoff, in the luxury co-op building at 740 Park Avenue late Wednesday afternoon. The building is an Art Deco masterpiece and home to some of the richest and most powerful people in the world.

Two firefighters were injured fighting the blaze.

A source with knowledge of the fire's impact told Patch the 6th floor unit where the fire occurred belongs to Merkin. The source said all residents have been evacuated, and Merkin's apartment is severely damaged.
snip

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740 Park Ave. Fire: Madoff Associate's Apartment Burns, Billionaires Evacuated (Original Post) LiberalElite Apr 2016 OP
Are there any innocent victims? In_The_Wind Apr 2016 #1
I'd consider roaches to be innocent victims vs. this guy nt LiberalElite Apr 2016 #2
31 Apartments Renew Deal Apr 2016 #5
Losing their homes? Sanity Claws Apr 2016 #10
You know everyone that lives in that building? Renew Deal Apr 2016 #11
You don't know NYC Sanity Claws Apr 2016 #13
So? Renew Deal Apr 2016 #14
What about children? Renew Deal Apr 2016 #3
..." The source said all residents have been evacuated " In_The_Wind Apr 2016 #7
How do you feel about that? Renew Deal Apr 2016 #9
Madoff robbed us and our entire family. I don't wish bad things for him or his associates. In_The_Wind Apr 2016 #12
What about the other 30 apartments? Renew Deal Apr 2016 #15
You mean like the two injured firefighters? Hekate Apr 2016 #16
Yup. Like those two. It's a shame anyone was hurt. In_The_Wind Apr 2016 #17
David Koch's address! n/t markpkessinger Apr 2016 #4
I attended a couple of anti-Koch demos outside of that bldg LiberalElite Apr 2016 #6
All about 740 Park Avenue . . . markpkessinger Apr 2016 #8
tragic rug Apr 2016 #18

Sanity Claws

(21,849 posts)
10. Losing their homes?
Wed Apr 6, 2016, 09:44 PM
Apr 2016

I think you are forgetting that these fuckers have multiple residences and will not end up on the street.

Renew Deal

(81,860 posts)
11. You know everyone that lives in that building?
Wed Apr 6, 2016, 09:47 PM
Apr 2016

A lot of buildings have mandatory low income housing, though I doubt this one does.

Sanity Claws

(21,849 posts)
13. You don't know NYC
Wed Apr 6, 2016, 09:59 PM
Apr 2016

Each unit in the building is worth several millions. There are no mandated affordable housing units.
I suggest that you read the Wikipedia entry.
It is a coop building which means there is a coop board that has to approve all sales. Combine that with the multi-million dollar price tag for each unit and you end up with a very exclusive building.

In_The_Wind

(72,300 posts)
12. Madoff robbed us and our entire family. I don't wish bad things for him or his associates.
Wed Apr 6, 2016, 09:49 PM
Apr 2016

Karma is enough.
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