Problem deals are his Niche

If you take an account of the fact that there some problem in the deal of a particular building or a vacant area then Mr. Gregg Singer is whom you must look forward to for purchasing it and completely re-modeling it. His niche is to take interest in the lone and isolated buildings and places where an investor would ever think of parking his funds and eventually think to make something out of it.
He himself has been quoted saying that, “That s what I do, I look for problem deals.” He admits that he and his family have been working in that fashion for generations now. He says “I m fourth generation of a real estate family that started taking on loan defaults and foreclosures.” He is quite true when he says that. He and his family have been turning the fortunes of many blighted sites and have given a new lease of life to it. For this he says “We d get ownership then renovate, which got us into solving construction problems; then we took on tenant situations and other matters.”
The matter that was a little vexed in the past was that of P.S.64. His view about P.S.64 was that it had some politics behind it. He remarked, “P.S.64 is a political problem, but it will work out over time, maybe three to five years, and then I ll go onto the next problem.” Such relentless enthusiasm and zeal is of Mr. Gregg Singer, CEO of Singer Financial Corporation.
No matter of what and how the local public reacted when he had began removing the terra cotta that been ornamented on P.S.64 but Singer had legal rights and a permit for alteration that he had taken three years back of the incident. The fact of the matter is that nothing illegal was done. Moreover according to Mr. Gregg he also had a profound reason for what he did. He said that the terra cotta that was stripped away was decayed.
Fighting for changing the outlook of city which has abandoned places marring the beauty of the city or locality is no crime. One must know that renovation brings back life to dilapidated places which are perhaps otherwise just kept vacant because of political reasons.
P.S.64 was also a place which was decaying way back in 1998 when Mr. Gregg bought it. He had plans to convert it into a housing destination for the seniors who had low-income. Senior day programs could be conducted. Even a sincere effort was made to provide the previous tenants a part of the structure. Local non-profit groups were also kept in view.
It is high time that people realize the cause behind any move taken by a person before playing faulty deeds and blocking the way. The local people must at least understand the need of re-building or redressing their neighborhood with some purposeful sites rather than rendering them vacant or haunted.