Sunday, May 09, 2010

Nonprofit's disorganization jeopardizing $76 million deal for Harlem

Nonprofit's disorganization jeopardizing $76 million deal for Harlem - NYPOST.com

"Although it formed four years ago, the West Harlem Local Development Corp. lacks a mission statement, has yet to get tax-exempt status from the IRS and doesn't even have a phone number.

The group already has received $500,000 from Columbia University -- part of a 16-year payout designed to assuage community fears over the school's expansion -- yet hasn't spent a cent on the neighborhood."

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