Thursday, August 11, 2011

Huang under investigation

From the NY Post:

A notorious Queens developer — and convicted felon — is being investigated by the state Attorney General’s office for allegedly defying a state consent decree that barred him from selling condos and coops for life, The Post has learned.

Tommy Huang, 57, once dubbed the "Asian Donald Trump" for developing vast swaths of Flushing, was slapped with the lifetime ban in 1999 when then-Attorney General Eliot Spitzer charged him with not paying $325,000 in operating costs promised to renters in two Flushing buildings in which he held the majority stake.

Spitzer alleged the missed payments led to deteriorating conditions at the buildings held by Huang and his wife — the heiress to the Bull’s Head barbecue sauce fortune in Taiwan.

At the time, Spitzer trumpeted the consent decree as sending a "strong and clear message" to developers that "if you don’t live up to your responsibilities — we will find you and prosecute you."

But authorities are not probing if the wily Huang is up to his old tricks.

In 2010 court depositions obtained by The Post, Huang admitted to setting up a homeowner’s association for four homes he and his family were building in a wealthy area of Bayside bordering Little Neck Bay.

His son, Henry, admitted his father also was the paid vice president of the corporation selling units at another condo, the 8-story Broadway Tower in Elmhurst, and had helped purchase the property. The company has sold at least 26 condo units, according to deeds.

"He agreed to not sponsor any development or homeowners organizations, but his name keeps popping up," said lawyer Stuart Klein, who is suing Huang on behalf of Bayside homeowners.

Huang had close ties to Queens politicians. His longtime attorney, Lung Fong Chen, was closely associated with the father of City Comptroller John Liu. Chen and Liu’s father, Joseph, were convicted of bank fraud in connection with a $1 million scheme at Liu’s Great Eastern Bank in 2001.

7 comments:

Howzit Huanging said...

Let the games begin!

Anonymous said...

"Huang had close ties to Queens politicians."

--------------------------------

WRONG! He still has ties to politicians, from Queens and beyond. He's related, thru marriage, to NYC Comptroller John Liu. AND he is closely associated with Gary Ackerman. Tommy Huang often boasts about having a handful of Queens Judges in his pocket. Unfortunately this investigation, like so many others, will go nowhere because of Huang’s political ties.

Anonymous said...

Hang him by his tiny dick.

Anonymous said...

Hang him by his tiny dick.

He might like that!

Anonymous said...

Unfortunately this investigation, like so many others, will go nowhere because of Huang’s political ties.

--------------------------------

He will continue to threaten the stability of the neighborhoods in which he, his family and their bogus companies build. They are steadily eroding the quality of life in Flushing and beyond. They are not developers. They are destroyers. What they are doing is a form of blockbusting, systematically ruining fine old neighborhoods. The Huang Family must be stopped before Queens becomes Huangville.

Anonymous said...

"Huang had close ties to Queens politicians. His longtime attorney, Lung Fong Chen, was closely associated with the father of City Comptroller John Liu. Chen and Liu’s father, Joseph, were convicted of bank fraud in connection with a $1 million scheme at Liu’s Great Eastern Bank in 2001."

---------------------------------

Even so, John Liu was elected to office in spite of his father’s conviction. Incidentally, Thomas Huang’s wife is Alice Liu. Her father owned the Great Eastern bank. It is not a coincidence that Joseph Liu, John’s father was the bank’s president, when he defrauded the bank. The voters of this city had better wake up. They elected the son of a bank robber with close family ties to the notorious Huang Family to handle the city’s finances. One of John Liu’s closest allies in his political campaign was Gary Ackerman. Must be just another one of those coincidences.

Gary A said...

One of John Liu’s closest allies in his political campaign was Gary Ackerman. Must be just another one of those coincidences.

----------------------------------------

Yeah! That's the ticket!