'Macho' Camacho gets big sendoff in East Harlem

Bolivar Arellano

Christian Camacho, 20, with his 14 year old brother Stanley Camacho both sons of deceased boxing Champion Hector 'Macho' Camacho. Here they were riding through the streets of East Harlem where their father was born and raised.

It was a goodbye fit for a king of the ring.

Boxing legend Hector “Macho” Camacho was given a royal sendoff today as his casket was paraded through the streets of East Harlem in a horse-drawn carriage as thousands of mourners wished him farewell.

The procession began at St. Cecilia’s Catholic Church on East 106th Street, went up First Avenue, cut across East 116th Street, traveled down Fifth Avenue and returned along East 106th Street, winding back to the church.

Revelers joined in along the way, marching behind the carriage and procession of vehicles carrying grieving family members and friends.

People were spotted hanging out car windows and sunroofs while wildly waving Puerto Rican flags and clutching pictures of Camacho in his fighting prime.

When the casket, draped in a Puerto Rican flag, arrived at St. Cecilia’s, a mob of people standing behind police barricades chanted, “Macho. Macho.”

“I love you guys,” Camacho’s mother, Maria Matias, shouted back while pumping her fist in the air. The line of people waiting to get inside and pay thier respects was several blocks long.

“I fought hard to bring my son here, where he belongs,” she told The Post.

“He fought here, he was raised here and now he is being buried here. Look at all these supporters here, it is amazing.

“They are telling me that Camacho is alive today. His spirit is not dead. He is a champion. I will always carry him in my heart.”

She recalled how Camacho started learning to box at the age of 7 and bought her a home with his career winnings.

“My son had a good heart... and took care of me.”

Camacho was shot Nov. 20 while sitting in a parked car in his hometown, Bavamon. He was 50.

Matias lashed out at her son’s killers.

“He did not deserve to die. They killed an innocent man for no reason. One bullet took my son’s life.”

She said that police have three men in custody and are tring to peice together a motive behind the slaying.

“They don’t have all the evidence yet, but soon they will.”

A farewell for Camacho in San Juan, Puerto Rico, on Tuesday was marred by violence after Cynthia Castillo, 28, who claims to have been the pugilist’s girlfriend, angered his sisters by kissing him inside the open casket and walking to a VIP area designated for family and close friends.

She then fought with his former girlfriend Gloria Fernandez outside the chapel, according to the newspaper El Nuevo Dia.

Police were called in to pull the ladies apart.

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California Pizza Kitchen brings prototype to Sawgrass Mills

The restaurant chain that took barbecued chicken pizza mainstream is ready to push the culinary envelope again. How about a pizza topped with roasted Brussels sprouts and applewood smoked bacon or a Korean barbecue pizza with pork loin and spicy kimchee salad?

Innovative menu items are just one piece of what’s unique about California Pizza Kitchen’s new flagship restaurant unveiled Thursday at Sawgrass Mills in Sunrise. The first of its kind, the Sawgrass location aims to reinvigorate the brand that started in 1985 in Beverly Hills.

“The whole idea is about taking the best of what put us on the map and making it relevant for 2012 and beyond,” said G.J. Hart, who took over as chief executive officer of the chain just over a year ago. “Over the years the brand morphed from being a leader and it became a follower of food trends. We want to bring back the hip, cool feel.”

The changes are obvious from the moment you walk into the restaurant, which opens to the public Monday. The new look is all about focusing on the chain’s California roots. Very little of the bright yellow and chrome remains. The design is California-casual with earth tones and reclaimed wood everywhere from the walls to the floor and tables. An outdoor terrace with couches and fire pits is designed to encourage lingering. Large windows and glass doors let in lots of natural light and fold open to enjoy the weather.

Pizza is center stage with the kitchen designed so diners can watch the pizza makers at work. At the Sawgrass location — and by mid-2013 at all restaurants — pizzas will once again by hand-tossed. Currently the chain uses a pizza press to make the dough more uniform.

The new focus is on upping the culinary quotient across the board with dishes like a roasted beets and whipped goat cheese salad, plus a sweet pea carbonara featuring pea-filled pasta purses tossed with Italian pancetta and a Romano cream sauce. These are some of the unique items only on the Sawgrass menu, which also features a specialty menu of hand-crafted cocktails.

Chain-wide the company has actually slimmed the menu from more than 100 items to 74 in order to improve execution. But there are also more healthy choices like quinoa and arugula salad or a fire-roasted chile relleno stuffed with chicken, cheese, mushrooms, spinach and eggplant that dishes up at only 380 calories.

“As we grew, we didn’t keep up with the creativity on the menu and we tried to be all things to all people,” said Brian Sullivan, senior vice president of culinary innovation, who has been with the company for 24 years. “We’re always going to be pizza-centric. But we’ll continue to push the envelope with these specialty items that resonate with who we are. We don’t want items that you are going to see in other restaurants.”

The chain chose Sawgrass to unveil its new flagship location because of a combination of the area’s diverse demographic base and the influx of international visitors. South Florida has already been a strong market for the brand, which has seven locations in the tri-county area stretching from Coral Gables to Palm Beach Gardens.

The opening is the culmination of a new vision that began to take shape when Golden Gate Capital purchased California Pizza Kitchen in July 2011 for $470 million, taking the company private and bringing in Hart as the new chief executive.

“They saw a brand that was undervalued,” said Hart, who has an ownership stake in the chain. “This is an iconic brand with so much brand equity. If we can bring the excitement and enthusiasm back we’re only going to see it go up.”

Industry experts say the changes make sense because the brand still has a loyal following, although it has not kept pace with the competition.

“It’s a good time for them to go back to what were the fundamental things that made the brand so intriguing,” said Dennis Lombardi of WD Partners, a restaurant industry consultant. “The difficulty is going to be getting the word out to consumers that this is different. The devil is always in the details in these kind of evolutions.”

Based on consumer reaction, the plan is to take pieces of the Sunrise concept and introduce it into the chain’s other 268 existing restaurants. Some restaurants could be completely remodeled, but most will only get elements of the new prototype, which cost $2 million in Sunrise, Hart said. The company’s Fort Lauderdale and Boca Raton locations could be strong candidates for remodeling next year or early 2014, he said.

Community and business leaders, who got a first look at the restaurant on Thursday, were impressed.

“This is phenomenal,” said Luanne Lenberg, general manager of Sawgrass Mills. “We’re so excited to have this caliber of restaurant and to be their test for the rest of the world.”

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Argument in NW Miami-Dade ends with two men stabbed

A fight between three men, including a pair of brothers, turned violent Thursday, ending with two people in the hospital, according to Miami-Dade police.

It began with a dispute shortly before 11:15 a.m. in the 1600 block of Northwest 118th Street, police said. A 60-year-old man got in a fight with his brother and another man. The dispute escalated until the 60-year-old stabbed the other two men, age 63 and 74. police said.

Both men were taken to Jackson Memorial Hospital’s Ryder Trauma Center, police said, where they were in critical condition.

The 60-year-old was apprehended.

None of the names of the men were released Tuesday. Police also did not mention what or if any charges would be filed against the 60-year-old.

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Taking a page from Louis C.K., Chill launches online store for films, comedy specials

NEW YORK (TheWrap.com) – Chill, a social video platform with close to 20 million users, has launched Chill Direct, a new store for creatives like Maria Bamford and Michael Urie to sell their movies, specials and documentaries directly to fans.

Comedian Louis C.K. sent shockwaves through the entertainment industry this summer by selling a comedy special directly online rather than making a distribution deal with a television network or online service. He made millions, and various others have followed suit, including Jim Gaffigan and Aziz Ansari.

Chill sees an opportunity to enter this emerging market, empowering artists and offering them an opportunity to control the distribution and monetization of their ongoing projects.

“The community gives filmmakers and comedians the ability to distribute premium video directly to fans,” CEO Brian Norgard told TheWrap. “The common analogy is to Louis C.K. and his ‘Live at Beacon Theater.‘ That was a seminal moment in the entertainment business and a lot of things now allow direct-to-fan to become a viable model.”

Artists who choose to sell through Chill also can sell their videos elsewhere, but Chill Direct launches with eight videos exclusive to the site. That slate includes “Maria Bamford: the Special Special Special!,” an hour-long comedy special starring Bamford, “Thank You For Judging,” a documentary from “Ugly Betty” actor Urie about high school speech and debate and “Unknown Sender,” a suspense series from “48 Hrs” and “Die Hard” scribe Stephen E. de Souza.

Starting Thursday, any artist can create a page for a project and has complete creative control over the page, from information about the project to trailers to pricing. Meanwhile, Chill handles distribution across devices as well as payments.

Artists retain rights to their own intellectual property while Chill takes a 30 percent cut of any transaction.

“What Chill does is let anyone build out socially integrated marketing pages – we call them story pages – beautiful, high-resolution tantalizing receptacles of premium videos,” Norgard said.

Chill, funded by WME and Kleiner Perkins Caulfield & Byers and others, has previously enabled frictionless uploading, consumption and sharing of the web’s most popular videos. This maintains a social layer, allowing for commenting and offering bundles that combine the video with other perks like merchandise or meeting the creator.

“The land of premium video is still a very closed marketplace,” Norgard said. “If you have tremendous business development skills or connections to sell a film to Netflix or Hulu, you’re lucky. The ad-supported model doesn’t fit every type of content. There is plenty of stuff out there like documentary films and comedy specials where creators are between a rock and a hard place and wan to get it out there, distribute it, own the right but not put it on a free streaming site like YouTube.”

Selling direct to fans also offers a new revenue stream to a company that until now was mostly luring people a few times a day for videos.

Internet News Headlines – Yahoo! News

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The gov’s wish list

Nicole Gelinas

On Monday, Gov. Cuomo huddled with Mayor Bloomberg and New York’s congressional delegation to show solidarity on wringing billions out of the feds for Superstorm Sandy. “We need help today,” the governor said. Sure — but Congress could help best by putting good sense above speed.

Cuomo’s “extensive list and itemization of what it’s going to take to rebuild New York” totals $41.9 billion. The figure includes $32.8 billion he says the state (including the city) needs just to fix what got flooded or blown down.

The other $9.1 billion is for “prevention and mitigation” — that is, protecting against future Sandys.

Reuters

He’ll have support once he knows what New York really needs: Gov. Cuomo with President Obama on Staten Island this month.

Cuomo’s argument for the big payday, above and beyond what FEMA would normally give us for disaster aid? That everyone else got theirs.

The governor ticked off a list of storms over the past 20 years that won special aid, “all of which were less devastating and less impactful than Hurricane Sandy.”

(One sign of how twisted the cash-grab game is: Cuomo calls Sandy a hurricane for getting-money-from-Congress purposes — but he won’t let insurers call it a hurricane, because that would let them pay out less to homeowners.)

In a distasteful comparison he hasn’t repeated, he even compared Sandy to Hurricane Katrina, which emptied out nearly all of New Orleans for months in 2005.

There is really no comparison; that’s why the Gulf Coast got $130 billion in aid (in today’s dollars) post-Katrina, far more than what Cuomo is even asking for.

Anyway, the fact that Congress has fallen into a habit of writing big disaster checks isn’t the solution. It’s the problem.

Yes, New York merits special aid after storms (as do other places). But the way we’re going about it is all wrong.

Politics as usual pushes states to worry more about putting out a big number right away than about what to do with the money. Just look at Cuomo’s numbers: They’re not really serious estimates, just placeholders.

Consider one discrepancy: On Monday morning, Bloomberg put out his own detailed estimate, saying that the city would need $9.8 billion from the feds. That afternoon, Cuomo put the figure for the city at $15 billion.

Hours later, they agreed on the higher number (naturally). But how can anyone possibly believe that they know?

Then there’s Cuomo’s separate $9.1 billion for “prevention and mitigation.”

This number makes no sense at all. Consider: Also on Monday, the MTA put out its own list of prevention-and-mitigation measures to be “investigated” and “prioritized.” The list included everything from “bladders” to stop up tunnel entrances to buying more pump trains.

How can the state possibly know how much of this stuff to include in its $9.1 billion, when the MTA hasn’t even figured it out itself?

Then there’s the issue of floodwalls and levees: To build them or not? There are strong arguments for and against. But Dutch flood-mitigation expert Jeroen Aerts figures that a robust system for the city would cost $15 billion to $17 billion (and potentially increase risks for Long Island and New Jersey).

We haven’t remotely decided whether, or where, we’ll spring for such protection. One of Cuomo’s all-star commissions will probably make a recommendation — but until it does, how can Cuomo know whether to include at least some of this big number in his “prevention and mitigation” list? If the state does go for it, this cost would dwarf the rest of the list.

There’s also a real question of priorities within his $41.9 billion. The governor is asking for $9.7 billion to repair or replace housing — the biggest single item on his list, far above making the subway system safer and above hypothetical floodwalls.

Is it smart for Albany to help people rebuild coastal homes that will remain vulnerable to flooding — especially when the money could instead go to infrastructure to protect everyone
?

The risk of flooding should be accounted for in a cheaper home price, not paid for by the government.

On Thursday, Cuomo and New Jersey Gov. Chris Christie promised not to compete against each other for disaster aid, with Christie saying, “We’re going to work together.”

They should, of course. But they should also say neither state will officially ask for funds until they’re good and ready — and until they’ve thought a bit more on how they’ll spend the cash. And Congress should reward such deliberation.

Nicole Gelinas is a contributing editor to the Manhattan Institute’s City Journal.

Twitter: @nicolegelinas

Have a comment on this PostOpinion column? Send it in to LETTERS@NYPOST.COM!

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Gift ideas for the techie on your list

The holidays are coming fast, and if you’re like me, you’ve probably gotten very little of your gift shopping done.

Here are suggestions for a variety of gifts for the techie and the not-so-techie people on your list.

Some of these items can be found in stores and some are only available online, but you should be able to order them in time for Christmas or Hanukkah.

IOMEGA EZ MEDIA & BACKUP CENTER

What is it? A hard drive that lives on your home network so you can share files, store all your photos and music and back up your home computers. Works on Macintosh, Windows and Linux computers.

The EZ Media & Backup Center is available in 1-, 2- and 3-terabyte capacities. It is simple to set up. It lives next to your home router and plugs into the network via Ethernet.

Major features include a built-in iTunes server so your music is available to all connected computers, Time Machine support for easy Macintosh backups and Iomega’s Personal Cloud to access your data from any Internet connection.

It can also stream your video files to your TV if you’ve got a compatible streaming box or an Internet-connected TV.

Software for backing up Windows PCs is also included.

Who’s it for? Any family that wants central storage for their digital lives. This is a great home for your digital photo, music or video library.

What does it cost? One terabyte for $169.99, two terabytes for $209.99, three terabytes for $279.99.

Where can you get it? Online at www.iomega.com, Amazon, Best Buy, Apple store, Fry’s.

NETATMO URBAN WEATHER STATION

What is it? A wireless indoor/outdoor weather station that displays through an application on your Apple or Android mobile device.

There are two parts, one that lives in your house and one you place outside.

The indoor component plugs into the wall and monitors the temperature, humidity, barometric pressure, carbon dioxide level and even the sound level in decibels.

The outdoor module is battery-powered and measures temperature and humidity.

Once you connect the Netatmo to your home Wi-Fi network, you can download the free app and see your weather stats from anywhere.

Setup was easy enough, and you can set the app to notify you when carbon dioxide rises to levels that you should be warned about — which is great.

Who’s it for? Weather geeks and people who like to know what the temperature is without having to fire up a browser.

What does it cost? $179

Where can you get it? www.netatmo.com

3M LED ADVANCED LIGHT

What is it? 3M’s first foray into the home light bulb market is with the LED Advanced Light, which uses light-emitting diodes (LED) to produce 800 lumens (the light of a 60-watt bulb).

The Advanced Light has a life span of 25 years and costs just $1.63 per year if it’s turned on for three hours per day.

The bulb lights instantly and is dimmable.

It’s a little intimidating to start buying light bulbs that might outlive me, but my wallet approves.

Who’s it for? Anyone who wants to save money or wants a bulb that might not have to be changed until 2035.

What does it cost? $25

Where can you get it? Select Wal-Mart stores. For more information, go to www.3mlighting.com/LED.

STEM IZON 2.0 WI-FI VIDEO MONITOR

What is it? A small, wireless video camera that you can monitor remotely with an iOS device.

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Miami-Dade ethics board rebukes two city of Miami commissioners

The county ethics commission dinged Miami Commissioner Frank Carollo this week for phoning the police chief after Carollo was pulled over for a traffic stop.

Separately, Miami Commission Vice Chairman Marc Sarnoff was reprimanded for not filing a gift disclosure when the Greater Miami Convention & Visitors Bureau paid his way to Brazil.

Sarnoff said his travels did not constitute a gift because he carried out public business. “I did everything I could do, including getting legal advice, to determine that the trip was not a gift,” he said.

Carollo denied wrongdoing in a response to the Miami-Dade Commission on Ethics and Public Trust written by his attorney. He declined comment Wednesday.

The grievance against Carollo said that he called Miami Police Chief Manuel Orosa during a traffic stop in Coconut Grove in August. Carollo was pulled over after attempting to drive his black Lexus around a stopped recycling truck. He called the chief, who called the district commander, who reached out to the officer making the traffic stop.

The officer let Carollo go with a warning.

In the written response to the ethics commission, Carollo’s attorney said the commissioner had never asked Orosa for special treatment. Rather, Carollo called the chief “to inquire ‘what the problem was’ since the circumstances seemed odd.”

The “odd circumstances” included another car stop in the area.

“Commissioner Carollo’s request for a status [report] was well within his authority to communicate with the police chief, and was not accompanied by any request to obtain any resolution of the vehicle stop,” attorney Benedict Kuehne wrote.

Kuehne added: “The officer made the very reasonable decision to issue no traffic citation because the circumstances did not warrant the issuance of a ticket.”

Orosa also told investigators that Carollo had not asked for any favors.

But the ethics commission concluded that Carollo “clearly intended to use his influence with the police chief to avoid a traffic citation.”

“There was no legitimate reason for Carollo to call the chief of police other than to put into motion a chain of events that Carollo hoped would extricate him from a traffic situation that ordinary citizens find themselves in every day,” the ethics commission wrote.

The complaint against Sarnoff involved a trip he and his wife took to Brazil in April.

The pair went to watch the yachts in the Volvo Ocean Race depart Itajai for Miami, the next port of call. Sarnoff also travelled to Rio and Sao Paulo, with the Convention & Visitors Bureau footing the bill for his travel, lodging and meals.

Sarnoff did not disclose the trip as a gift, nor did he disclose that the Volvo Ocean Race had reimbursed him for his wife’s roundtrip airfare.

Sarnoff said he was acting on advice from Miami City Attorney Julie O. Bru. In a legal opinion, Bru said disclosure was unnecessary because the trip did not constitute a gift, but rather city business.

“I never held this secret,” Sarnoff said. “I did everything I was supposed to do. I talked about it openly.” He described the trip as “105 percent work.”

As for Teresa Sarnoff’s travel expenses, Marc Sarnoff said they, too, were incurred during “official” city business.

“The commissioner was unquestionably assisted in his official duties by Ms. Sarnoff and he quite honestly believed that Ms. Sarnoff was conducting city business,” Sarnoff’s attorney, John Dellagloria, wrote in a response to the ethics commission’s findings.

The ethics commission has said that elected officials don’t have to declare tickets to local events they attend for professional reasons. But according to the final report on the Sarnoff case, “all-expense paid trips to distant and exotic locales deserve different consideration since the grandiose scale of the gift creates a larger appearance of impropriety.”

The ethics commission will send a letter to Sarnoff suggesting he report his wife’s travel expenses as a gift. Another letter will be sent to the Miami city attorney to clarify when business trips must be reported as gifts.

The two complaints were filed last month by blogger Al Crespo.

Sarnoff also took a trip to China this year, where he watched the Miami Heat play a preseason game against the Los Angeles Clippers. In October, Sarnoff said the Heat paid for his flight and hotel. On Wednesday, he said the Shanghai Sports Bureau paid for him and his wife.

He now plans to declare that trip as a gift, he said.

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Family learns of student’s death on Facebook

ATLANTA (AP) — The parents of a south Georgia college student first learned from Facebook that their daughter had been found dead in a dormitory study room shortly before Thanksgiving. Now, they hope that Facebook and other social media sites can help solve the death of 17-year-old Jasmine Benjamin, which police are investigating as a homicide.

The Valdosta State University freshman was found unresponsive on a study room couch on Nov. 18.

A family friend forwarded the Facebook post about the teen’s death to her parents before they were officially notified by authorities, said A. Thomas Stubbs, an attorney for the victim’s mother, Judith Brogdon, and her stepfather, James Jackson. But many questions remain unanswered about how she died.

The family has hired a private investigator, and a new Facebook site has been set up in hopes that students and others might share tips.

While some Facebook comments have already been turned over to law enforcement officers, the family hopes friends, classmates or others who noticed suspicious comments will also alert authorities.

“Anything that reveals a little more information than what’s publicly known about her death, those are the kind of comments police are looking for as someone who might warrant a closer examination,” Stubbs said.

Also of interest are “unusual comments or unusually timed comments about her death,” he said.

Police detectives have canvassed dormitories and interviewed several students on the campus, located about 250 miles south of the family’s home in Gwinnett County, outside Atlanta.

Benjamin wanted to follow the career path of her mother and become a nurse.

Police say they’re treating the case as a homicide, though autopsy results are not complete and they can’t say for certain whether she was killed. There were no obvious signs of a crime when her body was found, but an autopsy raised questions, authorities have said.

“We’re providing what resources are necessary to assist Valdosta State University police in solving this crime,” Georgia Bureau of Investigation spokesman John Bankhead said. “The crime lab is expediting evidence from this incident.”

Shortly after Benjamin’s parents learned of her death from Facebook, Lawrenceville police officers knocked on the doors of the family home to inform them officially that their daughter was dead, Stubbs said.

“As frustrating as that may be for the family to learn that way, they understand it’s a different world,” Stubbs said.

The family has yet to learn the possible timeframe of when their daughter died, and police have not shared any theories about how she was killed, Stubbs said.

“We know that they have looked at the phone records, video records that they can find in the school,” he said. Beyond that, they’ve been going through legal procedures that are required to obtain records from Facebook Inc.

The family hired Martinelli Investigations Inc. of Lawrenceville to assist in the investigation.

Private investigator Robin Martinelli said Wednesday that any video near the scene, even if may seem insignificant, could prove helpful in the investigation.

“It wouldn’t matter if it was two weeks before, two hours before or 20 minutes before,” she said.

Martinelli said she’s confident that police are working diligently to follow up on leads, but private investigators can often provide valuable assistance, she said.

“On any homicide, they’re going to work around the clock aggressively every minute, and they’re doing that,” she said.

She said Jasmine Benjamin was a strong student who showed great potential. “Her favorite color was purple, her nickname was Jazzy,” she said.

“She wanted to help people, plain and simple,” her stepfather, James Jackson, told WSB-TV. “That was her goal in life. That’s all she talked about since she was young — ‘I want to be able to help people.’”

Valdosta State campus police, city police and the GBI were working together to conduct interviews and collect evidence, the university said in a statement Tuesday. University officials said they couldn’t release any further information.

Martinelli hopes students away at college keep in touch with their parents — and give them the passwords to social networking sites and their cell phones in case anything happens.

“If you have passcodes to your computer, your phone, please tell your parents,” she said. “Don’t tell everybody in the world, but tell your parents your passcodes.”

She said some of the best advice parents can give students is this: “They should listen to their gut,” she said. “If they walk into a situation and it’s not feeling right, leave.”

Social Media News Headlines – Yahoo! News

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Worthy of Kings

Welcome to the new Brooklyn, which looks a lot like Manhattan. It has a high-profile NBA team, flashy entertainment venues (Barclays Center and the expanding BAM complex), mobbed food purveyors (Trader Joe’s and Shake Shack) and condos priced at $1,000 per square foot.

Yes, $1,000 per square foot is the new normal for new developments in Kings County neighborhoods including Brooklyn Heights, Carroll Gardens and Park Slope.

“The Brooklyn market is undervalued,” says Andrew Barrocas, CEO of the MNS brokerage, who notes that Brooklyn’s condo prices haven’t yet caught up to its rental prices. “If you took an area in Manhattan that’s comparable [to Brooklyn in rental prices], you’ll see the condo pricing is anywhere from 35 to 50 percent more [than Brooklyn].”

According to data from MNS, rental prices overall in Brooklyn Heights ($55 per square foot per year) are close to those in Chelsea ($58 per square foot), where apartments sell for an average of more than $1,400 per square foot.

“So there’s still a tremendous amount of growth where the [Brooklyn] condo market is,” Barrocas says.

Have no fear, developers are closing that gap.

“We saw a 20 to 25 percent premium for condos [over co-ops],” says Steve Kliegerman, president of Halstead Property Development Marketing, about how Park Union — one of a handful of buildings that is coming, or has just come, on the market with price tags breaking $1,000 a foot — was priced. “If you see buyers who are looking in Manhattan, they’re looking at places that are $1 million higher.”

What’s more, buyers are biting.

“Through the names of people we had on our list, a teaser website we had up and from the signage on the property, we have 23 out of the 32 units sold, and we haven’t spent a nickel on advertising,” says Ken Horn, president of Alchemy Properties, of his Sackett Union development, which hit the market last month.

And, Horn adds: “We actually raised prices already.”

72 Poplar
St.,

Brooklyn Heights

What once was a home for New York’s Finest will now be a home for Brooklyn’s richest. With a two-story addition, the former NYPD station house is being renovated into 13 condos with open floor plans and custom kitchens. The two-, three- and four-bedrooms will range in square feet from 1,500 to more than 4,000, with pricing starting at “just upwards of $1,000 a foot.” The adjacent garage will be renovated into a two-story townhouse, including a one-story addition, with a one-car garage, a private rear garden and a roof deck. Sales will start in fall of 2013, with occupancy slated for the spring of 2014. Contact: Greg Williamson and Rob Gross, Douglas Elliman, 718-780-8188

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Shareholders approve sale of U.S. Century Bank

A majority of U.S. Century Bank’s shareholders approved the Doral bank’s proposed sale to C1 Bank of St. Petersburg late Tuesday during a meeting at Florida International University despite dissension from some stockholders, including those who have filed suit against the bank and some of its directors and officers.

According to the terms of the deal, the bank’s 441 shareholders will receive $2.5 million from the sale, or about 1.7 cents on the dollar, from $150.1 million U.S. Century raised from multiple offerings since it was founded 10 years ago.

The sale agreement, which required approval from holders of 51 percent of the shares, still requires approval from federal banking regulators. Seventy-four shareholders attended Tuesday evening’s meeting.

The deal to sell U.S. Century to C1, reached Aug. 30, includes a proposed, renegotiated $6.27 million repayment to the federal government of $50.2 million in TARP funds. The U.S. Treasury Department must approve the proposed TARP (Troubled Asset Relief Program) repayment. According to documents, the deal also includes up to $400,000 to be paid by C1 to regulators should U.S. Century be fined over Bank Secrecy Act violations found in its recent regulatory examination.

The bank has said the sale is expected to be completed by year-end.

A group of shareholders has filed a “derivative action” suit, which seeks to recover money from the bank that allegedly resulted from the wrongdoing of the bank’s directors and officers.

The suit was filed Nov. 13 in Miami-Dade Circuit Court by brothers Carlos R. Silva and Jorge E. Silva, both Coral Gables attorneys and founding shareholders, and last week was amended to include several additional shareholders — including Shoma Group head Masoud Shojaee — totaling more than $10 million in original investments, said Coral Gables attorney Gonzalo Dorta who represents the shareholders who filed the suit against the bank and some of its current and former officers and directors. Among the defendants are Telemundo executive Jose Cancela, homebuilder Sergio Pino — who formerly owned U.S. Century’s headquarters building, and public affairs businessman and lobbyist Rodney Barreto.

“I feel terrible,” Carlos Silva said after the meeting. He estimated the losses that he and his brother sustained at $400,000. “We all lost a lot of money.”

“This bank was basically run by a group of individuals like it was their personal bank to finance their speculative real estate construction activity at the expense of others,” Dorta said before Tuesday’s meeting.

U.S. Century said in a statement that the bank is in the process of reviewing the suit and is “not at liberty to discuss it further until we have completed the review process and consulted with our legal counsel.”

U.S. Century was founded by a group of prominent, largely Cuban-American investors, many of whom are local business leaders, real estate developers and attorneys.

Among the issues raised in the lawsuit, the bank acknowledges that it has made loans to current and former directors, and a third of its 24 branches are leased from current or former directors.

Current and former directors of the bank hold a significant portion of the bank’s shares, several sources said.

U.S. Century has been struggling since the real estate downturn and recession. Founded in 2002, U.S. Century is operating under a June 2011 regulatory consent order mandating it to boost capital, reduce its bad loans and return to profitability, among other requirements. Last year, it hired Japanese investment bank Nomura Securities to try to raise at least $150 million in private equity funds.

C1, privately owned by four investors, including two Brazilians, is proposing to inject $100 million of fresh capital into the combined bank.

The deal would give the growing C1 Bank 24 branches in Miami-Dade and Broward counties and nearly $1.2 billion in assets.

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