Wednesday, December 05, 2007

Knickerbocker Village: 1920 Real Estate Profiteering

Some things never seem to change. Kappler knew in advance that the slums would be cleared to build Knickerbocker and he was part of a group that bought property in the area. Then he went ahead and embezzled the profits from his partners. Quite a guy.
Shown below are pictures of the Cherry Street area that was just to the west of Knickerbocker Village on St. James' Slip and Oliver Street. These are now part of the Smith projects.

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