Federal prosecutors won’t explain a $1 billion drop in the NYCHA settlement fund in face of speculation that Bart Schwartz will serve as the first outside, Federal monitor of the troubled public housing authority.
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Mayor Bill de Blasio, left, signed a settlement agreement with HUD that provides $1 billion less to the New York City Housing Authority, or NYCHA, than was previously required to be provided under a prior consent decree that was deemed inadequate ; the office of U.S. Attorney Geoffrey Berman, right, refuses to explain or account for the fewer settlement funds being provided to NYCHA. The U.S. Attorney's Office had been investigating NYCHA for violations of physical condition standards. The investigation was recently concluded, and it led to the ouster of interim NYCHA CEO Stanley Brezenoff. Left to Right : City of New York and U.S. Attorney's Office. Background : File Photograph. (Public Domain or Fair Use)
