Progress New York, NYCHA
Bart Schwartz, an outside monitor for hire, left, has been reportedly named to oversee a budget of just pennies on the dollar to rehabilitate NYCHA. The office of U.S. Attorney Geoffrey Berman, center, had been investigating NYCHA for violations of physical condition standards. The investigation was recently concluded, and it led to the ouster of interim NYCHA CEO Stanley Brezenoff, right. Left to Right : Twitter ; U.S. Attorney's Office ; City of New York (Fair Use or Public Domain)

SDNY prosecutors refuse to explain why new HUD settlement with NYCHA calls for de Blasio and City of New York to contribute $1 billion less to public housing

Federal prosecutors won’t explain a $1 billion drop in the NYCHA settlement fund in face of speculation that Bart Schwartz will serve as the first outside, Federal monitor of the troubled public housing authority.

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