New York Daily News

$173M deal with on affordable housing

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Team de Blasio tried to frame the web of relationsh­ips as above board.

“The only thing that factored into this deal was the best interest of our homeless New Yorkers,” de Blasio spokeswoma­n Freddi Goldstein said. “Nothing else played a role.”

She declined to say whether the mortgages came up in discussion­s between the city, Carone and Jay and Stuart Podolsky.

According to public records filed with the city Finance Department, the clapboard rowhouse de Blasio calls home on 11th St. currently carries a $625,000 mortgage from Wall Street Mortgage Bankers. The agreement is dated June 26, 2014 — six months after de Blasio began his first term as mayor. Interest on the loan — which carries monthly payments of $2,983.85 and comes due on July 1, 2044 — was set at 4%, the records show.

The Wall Street Mortgage loan on de Blasio’s second Park Slope property, also on 11th St., is for $630,500 and comes due in 2042.

Kantrowitz said the mayor was referred to his firm by a mortgage broker, which is listed as First Merchants Inc. in Finance Department Records. He also noted that Abraham Podolsky has not had a relationsh­ip with brothers Jay and Stewart for years because of a family dispute in the 1980s.

But two sources with ties to the family who wished to remain anonymous said the three brothers have since mended fences.

Abraham is the older brother. Their late father Zenek had a falling out with him in the 1980s which culminated in a lawsuit. As family lore has it, Jay and Stuart sided with their father and went on to build their own real estate empire.

Jay and Stuart — whose methods have included renting out squalid rooms overrun with rats, raking in millions of dollars from the city to house the homeless, and allegedly forcing tenants from their apartments through intimidati­on — continue to own dozens of properties throughout the city.

In the ’80s, the Manhattan district attorney’s office found that they and their father hired “vacaters” to recruit “drug addicts, prostitute­s, thieves and other criminals” to make living conditions miserable for tenants.

Then-Manhattan DA Robert Morganthau eventually indicted Jay, Stuart and Zenek, as well as the vacaters. The Podolskys pleaded guilty to more than two dozen felonies. Zenek got 90 days in lockup. His sons each got hit with five years probation and 250 hours of community service.

Abraham has kept a much lower profile over the years. He works out of an Avenue N realty office in Mill Basin, according to people who work there.

His mortgage firm is perhaps best known for its ads, which employ ex-Yankee great Mariano Rivera as a pitchman.

Kantrowitz, who has advertised in the Daily News as well as other newspapers, accompanie­s the legendary hurler in many of them. Abraham does not.

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