Wednesday, October 7, 2015

If I were an Investigator, Some Things I Might Investigate

In the PNJ article on the Hallmark School, many statements were made that might bear a little more investigating.

Levin states he "fronted the money for the purchase"
Levin stated that "the group hoped to convert the school into an elder care facility"
  • Why invite the Mayor's spouse who is a clothing model to be a partner in a elder care facility development deal for no cash money investment and without any development experience?
  • A way to pass money to the Mayor?
  • Was the Mayor the "real" partner?
"An Hayward was a partner but we bought her out" Levin said "She did not make one cent"
  • Exactly how does that work?  "Bought her out" "She did not make one cent"
  • Did they buy her out with bit coin?
  • Did they buy her out with champagne wishes and caviar dreams?
  • Did they buy her out with a jar of really good jelly?
  • If you put nothing in, and you are bought out...didn't you make at least one cent?
The property was "sold for $ 1 million in 2013 to a company called 349 LLC".  The article states "The property was put back on the market earlier this year for $1.95 million and a sale is currently being negotiated by the Mayor's cousin, Harry Bell"
  • Sounds like Levin screwed Hayward and Pair. 
  • Based on the contract Matt Pair of Pair & Hayward negotiated the whole deal for the group with the school district.
  • But Levin states Hayward and Pair were bought out and that "She did not make one cent"
  • By my math, Levin and Vigodsky will make a profit of $950,000 on the deal.  Poor An didn't make one cent!  With partners like that...
  • Using the Mayor's cousin on the deal.  Does every Hayward family member get some payoff except the Mayor?
Other questions (some we know the answers to):
  • Has Hayward made any Mayoral contract edicts that drove business without bids to a Levin affiliated organization?
  • How does a Chico's clothing model come to be involved in a elder care development for no money?
  • Hypothetical conversation
    • Hello An, how was your last trip to Milan?
    • Great Fred, the new fall line is fabulous
    • I'm sure.  Hey me,  Fred Vigodsky and Ashton's business partner Matt Pair want to start a company to buy an old school building and convert it to a elder care facility.  I am going to front a million dollars to buy it.  We want you to be a partner in it?
    • Do I have to put any money in the deal?
    • No
    • I don't have any development experience
    • We don't care
    • Why would you ask me?
    • You seem like a perfect fit for this project
  • Now that Levin has confirmed his ownership and An Hayward's ownership in the school, how could such pillars of the community allow the school to have all of the code violations, become derelict, and as the PNJ states "fallen into disrepair after homeless people had taken up residence inside"?
  • Don't these leaders care about their property's impact on a neighborhood in our city?




5 comments:

Anonymous said...


The An Hayward connection is blatant bribery. Fred can do that because there is no fear of prosecution. Our state attorney doesn't want to ruffle any feathers.

Anonymous said...

Maren, watch out for dead canarys on your back porch.

Anonymous said...

The legal records show Fred loaned them 1.1 million. What's an extra 100 grad between friends.

Anonymous said...


My guess is that "extra" $100,000 was to cover the realtor fees that they were..............wait for it...........paying to themselves. Here again, this is a semi-legal way for Fred to pay Hayward and his partner $100,000 (a 10% realtor fee for commercial property is standard). If they were investing their own money, you can be sure that Hayward and Pair would not be kicking in an extra 100 grand over and above what would be necessary to buy the property.

It stinks like a dead skunk in the middle of the road.

Anonymous said...

Anonymous at 4:19 p.m. Thanks for the memory! "Roll up your window & hold your nose." Perfect.

https://www.youtube.com/watch?v=Uu5hzc2Mei4