Author name: Tarik Abdelazim

Brock and His Secret Army of Investors: A Case Study, in Real Time, of How Binghamton Residents are Being Displaced and Harmed by the Mad Rush to Profit off Student Rentals

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A homegrown equity investment firm, founded by a former Binghamton University wrestler, is quietly attracting silent investors and gobbling up apartment buildings and two-family residences, illegally displacing long-term seniors and working families, and converting these properties into cash-cow student rentals. Brock Cvijanovich, who also uses the name Brock Orion, has been a key player in […]

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Six Restore NY Applications Submitted from Broome County Governments: Here’s a List of the Vacant Properties Prioritized and Proposed Projects

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As reported here in June, New York leaders supercharged its most successful blight elimination grant program, Restore NY, with a $250 million allocation in the state’s 2022-2023 budget. The Restore NY program is managed by Empire State Development (ESD), the state’s economic development agency. ESD announced this summer that the $250 million in Restore NY

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Binghamton and Broome Must Seize the Hidden Gem in NY’s Budget: $250 Million to Tackle Vacant Properties

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Thanks to the unprecedented infusion of federal recovery dollars, the state’s budget approved in April is loaded with massive, one-time investments. Some have attracted critical media attention (Bills stadium deal, Exhibit A), while some have escaped the spotlight. One of those hidden gems is a $250 million allocation to the Restore NY program, which has

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Court Dismisses Harassment Charge Against Abdelazim: Ruling Affirms the Charge Had No Legal Merit

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Below is a statement from Binghamton resident Tarik Abdelazim, following the ruling by Ithaca City Court Judge Seth Peacock to dismiss the harassment charge against him, which was brought by the Office of Broome County District Attorney Michael Korchak based on a complaint made by City Councilmember Sophia Resciniti on August 5, 2021. When I

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Open Letter to Binghamton Officials on Proposed Code Enforcement Reforms

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April 3, 2022   Dear Council Members, I am writing about the code enforcement proposals recently announced by Mayor Kraham. While I support the overall efforts, the statements made by the Mayor and Councilmembers are a bit overstated. Moreover, the reforms don’t really solve the specific concerns expressed by the same officials. Or they simply

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Corporate Investors Feast on Binghamton’s Rental Housing Market

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Outside Corporate Investors Feast on Rental Market, Exploiting Binghamton’s Outdated Assessments Enough is Enough: We Need a Citywide Re-Assessment That is Fair to all Property Owners   BINGHAMTON – Amicus LLC, registered with the New York State Department as a foreign corporate entity, is the latest outside institutional investor to quietly feast on Binghamton’s rental

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Mayor David Breaks Promise: Purchases Rental Property under Secret LLC

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In an April 28, 2017 Press and Sun Bulletin article about Mayor David’s real estate holdings and potential conflicts of interest, the reporter noted that Rich David made a promise not to purchase any properties while serving as Mayor. “While he’s mayor, though, he will not purchase any commercial properties, he said in a March

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Mayor David’s 2022 Budget: Hidden Gems for Police, the Baseball Stadium, and the Golf Course; And the Impacts of David’s “Big Flush” Start to Emerge

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Binghamton Mayor Rich David unveiled his 2022 Budget last week, a financial plan that the next mayor will inherit. As usual, Mayor David’s final Budget Address was full of political soundbites and rosy rhetoric, intentionally directing the gaze of the media exactly where he wanted. Here are four key takeaways, unpreported by the local press,

Mayor David’s 2022 Budget: Hidden Gems for Police, the Baseball Stadium, and the Golf Course; And the Impacts of David’s “Big Flush” Start to Emerge Read More »

Mayor David Already Exhausts All $23 Million of Recovery Funds On Outrageous, Slap-In-The-Face Priorities Without Any Public Input

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Binghamton received the first half of the unprecedented federal recovery award, $23 of $46 million, this summer. According to the 8/16 City Council Work Session Packet, Mayor David has already programmed every penny. And aside from a last-minute, face-saving announcement of $6 million for affordable housing, not a single penny is being allocated to help

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$48 Million for An Equitable Recovery in Binghamton: Commit at Least Half to Housing Justice

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As reported previously here at The Bridge, Binghamton is in line for $48 million in flexible federal aid to support recovery efforts as we emerge from the crushing impacts and trauma wrought by the pandemic. The first $24 million is expected by May 10, and the second half will be wired by the US Treasury

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