–Federal prosecutors file a scathing civil complaint against NYCHA, accusing the housing authority of systemic misconduct and coverups. NYCHA admits to the conduct and agrees to spend $1 billion during the next four years to fix some of the authority’s most serious problems. [New York Times]
–Popular Community Bank is providing the Allure Group, the infamous former owner of Rivington House, with a loan for a nursing home in Brooklyn. [The Real Deal]
–It looked like Brookfield Property Partners was about to gobble up the Lower East Side’s Hotel Indigo for $160 million. But now a new ownership group has emerged. [The Real Deal]
–The battle to save the Merchant’s House Museum. [Curbed]
–After the closure of Cherche Midi over the weekend, seven restaurants on the Bowery have now folded in the past year. [EV Grieve]
–A Lower East resident, Francisco Aracena, was killed after colliding with a van in hell’s Kitchen. Arcena was riding an illegal dirt bike. [The Daily News]
–Congratulations to La MaMa, one of the few remaining theatrical treasures of the Lower East Side, which took home the 2018 Regional Tony Award last night. [Instagram]
