65Th Infantry Honored with Street Naming
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Call 401k benefits available. 718-615-2520 Miracles Can Happen SmartSource Call Maria 917-826-5200 or send resume: To Advertise [email protected] 718-693-2600 Here Classifieds Dependable Sports Home Care me Health Aides (Bilingual a plus) /PCA Coordinators Bi-Lingual h/English, Chinese/English & Creole/English) HHA Core Aides Needed coupons Per Diem: Occupational Therapist Per Diem: Physical Therapist al Social Workers (Immediately in All Boros) Pages 43-46 Pages 38-41 eceptionist Position Available...Bilingual IMMEDIATE EMPLOYMENT pt. 718-499-6066 or Fax Resume 718-499-6065 Equal Opportunity Employer 718-615-2520 o Advertise Here 65th Infantry honored with LOEWS street naming BY DAVID CRUZ The Korean War has long been remembered as The Forgotten War. Especially forgotten were a band of Puerto Rican soldiers who made up the 65th Infantry Regi- ment and fought gallantly in that bloody conflict. HEAVEN They were honored Nov. 30 with a street co-naming at Southern Blvd and Westchester Avenue in the largely working poor Longwood- Hunts Point neighborhood, home to second and third generation Puerto Ricans. Elected leaders joined the ever- shrinking roster of combat unit veterans to pull the drape off “La BOUND 65th de Infanteria” street sign. Based in Puerto Rico, the regi- ment had been fighting for the Unit- Lowes Paradise Theater leased to church ed States since World War I. It was Photo by Robert Benimoff eventually nicknamed the Borinqu- BY PATRICK ROCCHIO dollar homes. eneers - combining Boricua, a Puer- Call it Paradise Lost - and may- He and several other televan- to Rican native, and buccaneer. be found. gelists were investigated by the Its members etched a spot in The historic Loews Paradise U.S. Senate committee on finance U.S. history in February 1951 af- Theater has been leased to a mega- in 2007. ter leading the last battalion-sized church. He was also arrested on two bayonet charge against the Chinese Last a movie house in 1994, misdemeanor charges this year 149th Division, North Korea’s al- and most recently a venue for live involving alleged battery on his lies. performances including boxing and 15-year-old daughter. “That sign says…we will re- PRESENTS FROM SANTA stage shows, the Bronx icon will Gerald Lieblich bought the main a free people so long as we become a pulpit for controversial theater in 2003 for $4.5 million. The Alyssa Dass of Norwood gets a visit from Santa Claus! The princess met have Puerto Rican soldiers who charismatic preacher Creflo Dollar, terms of the lease agreement with will fight the last fight to guarantee Santa at the Jerome Gun Hill Business Improvement District’s first-ever head of the Georgia-based World the church, finalized Oct. 20 were it,” said Anthony Mele, head of the tree lighting ceremony on Friday, November 30. A huge crowd awaited Changers International Church. not made public. 65th Infantry Task Force commit- Santa to arrive to help light the tree. Kids were treated to a bag full of The church may likely be a The theater, one of the grand, tee. Mele said he first called for a gifts from jolly ol’ Saint Nick. Check out more pics of this Yuletide event stable tenant for the property, but ornate Loews movie palaces to be street renaming 12 years ago. on page 29. Dollar has been critized for a lavish built in the late 1920’s, has historic Continued on page 42 lifestyle, including multi-million Continued on page 42 A CNG Publication • Vol. 18 No. 49 UPDATED EVERY DAY AT BXTIMES.COM www.bxtimes.com BRONX TIMES Dec. 6-12, 2012 2 BRONX www.bxtimes.com We Can Help You Save Your Life Did you know 104 people in and 64 and do not have health Program Participants the Bronx are diagnosed with insurance? We can provide you cancer each week? 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Co-op City refi nancing deal agreement TIMES Dec. 6-12, 2012 wwwbxtimes.com 3 BRONX BY BOB KAPPSTATTER news not just for current rent loan and eliminate refi- viding credit support with REFI! tenants but for thousands of nancing risk should interest $55 million and $15 million That’s the cheer going Bronx residents who need rates rise.” coverage of the loan, respec- up at the sprawling Co-op affordable housing options,” Officials said the loan tively. City after a $621.5 million said Bloomberg. will also allow the complex “This new loan will al- refinancing deal to fix up He noted that the city’s to complete urgent capital low Riverbay to continue the the aging complex. New Housing Marketplace projects now underway, and work of maintaining and im- The agreement will Plan has a goal of financing for the first time provide proving our home for many also assure the state’s larg- the the creation and preser- for additional new reserves years into the future, stabi- est Mitchell-Lama develop- vation of 165,000 affordable to address future capital lize our finances and guar- ment, opened in 1968 and housing units by the end of needs, as well as to fund on- antee affordable housing for home to 55,000 residents, 2014. going maintenance. generations to come,” said will remain affordable for “If it were an actual in- The loan to Riverbay Helen Atkins, president of 35 more years. corporated city, Co-op City Corporation, which controls the Riverbay Board, whose The refinancing deal would be the twelfth largest Co-op City, is the largest recent vote was the last step was announced jointly in our state,” Cuomo said ever insured under HUD’s in the approval process. on Wednesday by Mayor in a statement, “and so it is 223(f) program, which pro- Located in Baychester, Bloomberg, Governor Cuo- hard to exaggerate the criti- tects lenders against loss on Co-op City is spread out mo, federal Housing and Ur- cal role it has played for over mortgage defaults at multi- over 330 acres along the ban Development Secretary 40 years in keeping housing family rental properties. west bank of the Hutchin- Shaun Donovan and Wells in New York State and New It is also the first time son River. Fargo Bank. York City affordable.” the program has been ap- Besides 35 residential Under its terms, the Alan Wiener, manag- plied to a co-operative devel- structures, the site includes feds, state and city will ing director of Wells Fargo opment. The Mortgage In- three shopping centers, a jointly insure the mortgage Multifamily Capital, noted surance Fund of the State of 25-acre educational park, loan made by Wells Fargo that with current histori- New York Mortgage Agency eight parking garages, cally low interest rates, “our Bank, which will refinance (MIF/SONYMA, within three elementary schools, Photo by Patrick Rocchio Co-op City’s existing debt refinancing of its current New York State Homes and two middle schools, a high CO-OP CITY at historically low interest debt will save Co-op City Community Renewal, or school, a weather station, rates. and its residents more than HCR) and New York City’s 14 gymnasiums, two swim- care centers, four basket- taurants, a power plant and “Keeping Co-op City af- $150 million over the 14 year Housing Development Cor- ming pools, 15 churches, ball courts, five baseball a multiplex movie theater. fordable and viable is great remaining term of the cur- poration (HDC) will be pro- six nursery schools and day diamonds, numerous res- Aliano’s Holiday Loan Special The Hair, Nail & Skin Salon We Welcome From November 29th until January 7th, Alfonso And The New Owner Lucia you can borrow up to $1,500 for 12 And All The Staff Would Like To Morelli and Clara months at a fixed rate of 7% Annual Per- Thank Our Past, Present And To Our Staff! centage Rate.