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Cuyahoga County Land Bank - Creators dabble in TEN MILLION DOLLAR Property Jim Rokakis & Gus FrangosSubmitted by Gone Fishin on Thu, 04/25/2013 - 03:20.
WHO CREATED THE CUYAHOGA COUNTY LAND BANK & MADE GUS FRANGOS PRESIDENT????
The LLC name changed from Icarus Development Group LLC to R & Z Development Group ( R = Rokakis Z = Zarnas )
One of the properties sold for $ 10,300,000.
Public Servants or serving THEMSELVES??
*** My blogs expressing my freedom of speech rights - especially on matters of public concern - are my opinion and not the opinion of my friends, family or employer ***
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PHOTOS of the Land Bank President's SHELL LLC Property:
"With the need to address the abandoned properties in the county it is unfortunate that this process was and is completely politicized. Except for the opinions of a couple of county board members the disagreements and debate are within the Democrat party, of course, and it's all about control.
The Land Bank Project is left over from the old county government which was build on patronage and cronyism. In the final months of that former "government" those involved in creating the Land Bank worked overtime to secure a process and make sure it remained with the old guard. Loyal soldiers were rewarded and placed in leadership roles.
Gus Frangos, who worked for Jim Rokakis, is a former Cleveland City Councilperson as was Rokakis. Enough said, right? Frangos and his family are part of the old machine.
Fitzgerald and the county council should go back to the drawing board and start at the beginning and form and entirely new entity. Fitzgerald should appoint his most competent council member, Dave Greenspan, to head an exploratory committee to set up a un-politicized government council to manage the land bank. Five members from the ranks of business and professional people should be chosen. The backgrounds of these five members should not be politically connected, but instead, should have backgrounds in real estate, development, business start-ups and management in the free market.
Frangos and the remains of the old guard must go. We need to address the problem of abandoned properties and redevelopment. We do not need another power struggle within the county's Democrat machine.
Or, better yet, hire a management company to run the agency. It would be cheaper, more efficient, profit driven; it's success would be measurable and best of all--they could be fired if they perform badly."
tranche September 22, 2011 at 6:23AM http://www.cleveland.com/cuyahoga-county/index.ssf/2011/09/cuyahoga_county_council_questions_land_bank_funding.html
GUS FRANGOS = LOYAL SOLDIER rewarded and placed in leadership role:
Gus Frangos is PRESIDENT OF THE CUYAHOGA COUNTY LAND BANK. His six figure salary is paid by the collection of delinquent property taxes.
Frangos' shell LLC property has been tax delinquent for many years and one of his many shell properties was recently foreclosed upon for delinquent property taxes.
Frangos is supposed to save us from the foreclosure crisis and work to eliminate blight in our community.
Below are photographs of some of Gus Frangos' numerous shell LLC properties. And Frangos is in charge of saving us?
WHO WILL SAVE CUYAHOGA COUNTY FROM GUS FRANGOS????????????????
GUS FRANGOS, President of the Cuyahoga County Land Bank, and his shell LLC properties located at 7009- 7015 Quinn Court and 907, 913, and 917 East 70th Street in Cleveland, Ohio.
BLIGHT - courtesy of:
* My blogs expressing my Freedom of Speech Rights, especially on matters of public concern, are my opinion and not the opinion of my friends, family or employer*
Jim Rokakis on NPR Nov 19, 2013
IN his interview with NPR's Melissa Block on All Things Considered, (captioned "Landmark deal will force JPMorgan to help fight blight") Mr. Rokakis does not mention the tax lien sale legislation which he was instrumental in having legislated at the state level for Cuyahoga County and which has exacerbated the vacant property problem in Cleveland and in Cuyahoga County, Ohio.
Also, towards the end of the interview, Mr Rokakis does not find fault with the banks, but blames the borrowers who put no money down, etc.
The solution, according to Mr. Rokakis, is to now raze the abandoned homes as fast as possible at $10,000 a pop!
Having retired and being pensioned from his past county Treasurer's position, Mr. Rokakis is now taking a substantial salary at the aptly named Thriving Communities Institute. A bit laughable really, seeing as the residential fabric of the Cleveland community has been dramatically degraded under Mr. Rokakis' guidance.
More aptly (and honestly) Mr. Rokakis would be the spokeperson for Decimated Communities Institute.
Disgusting -pathology
this person has no conscience...he created this nightmare...and the cover-up through NPR ....disgusting.
Frangos - Part of the Old Machine
Comment left on Cleveland.com:
With the need to address the abandoned properties in the county it is unfortunate that this process was and is completely politicized. Except for the opinions of a couple of county board members the disagreements and debate are within the Democrat party, of course, and it's all about control.
The Land Bank Project is left over from the old county government which was build on patronage and cronyism. In the final months of that former "government" those involved in creating the Land Bank worked overtime to secure a process and make sure it remained with the old guard. Loyal soldiers were rewarded and placed in leadership roles.
Gus Frangos, who worked for Jim Rokakis, is a former Cleveland City Councilperson as was Rokakis. Enough said, right? Frangos and his family are part of the old machine.
Fitzgerald and the county council should go back to the drawing board and start at the beginning and form and entirely new entity. Fitzgerald should appoint his most competent council member, Dave Greenspan, to head an exploratory committee to set up a un-politicized government council to manage the land bank. Five members from the ranks of business and professional people should be chosen. The backgrounds of these five members should not be politically connected, but instead, should have backgrounds in real estate, development, business start-ups and management in the free market.
Frangos and the remains of the old guard must go. We need to address the problem of abandoned properties and redevelopment. We do not need another power struggle within the county's Democrat machine.
Or, better yet, hire a management company to run the agency. It would be cheaper, more efficient, profit driven; it's success would be measurable and best of all--they could be fired if they perform badly.
tranche September 22, 2011 at 6:23AM
___________________________________________________________________________________________
NICHOLAS ZARNAS HAS SOME OBVIOUS CONNECTIONS WITH REAL ESTATE IN CUYAHOGA COUNTY
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Jun 21, 2004 – Nicholas Zarnas, 12655 Cedar Road, accessory use regulations; and BZA Calendar No. 3041(d) Nicholas. Zarnas, 12655 Cedar Road, accessory use ...
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Dec 24, 2009 – 09-153 Nicholas H. Zarnas. 12655 Cedar Road. Cleveland Heights, OH 44106-3332. 11/30/09 Cease and Desist. Order/Consent Agreement ...
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* My blogs expressing my Freedom of Speech Rights, especially on matters of public concern, are my opinion and not the opinion of my friends, family or employer*
link
http://www.cleveland.com/cuyahoga-county/index.ssf/2011/09/cuyahoga_coun...
Always Appreciative,
"ANGELnWard14"
Wise Up FOOLS
3558 LEE ROAD
SHAKER HEIGHTS,OH 44120
Effective Date: 03/05/2012
Contact Status: Active
✓Add an image or logo
http://www.lookupbook.com/profile/real-estate-development/oh/shaker-heights/zemla-development-llc
Jim Rokakis:
Jim’s passion for what he does doesn’t stop with the day-to-day activities of the Treasurer’s office, it’s simply not enough. In cases where Jim was unable to implement a program because it was beyond the scope provided by state law, he worked with legislators and leaders to develop and pass legislation that made them possible. His hands-on leadership has served the County well and inspired the creation of many innovative programs to improve neighborhoods, communities and the entire region by thus improving our quality of life.
http://www.rokakis.com/jim.html
* My blogs expressing my Freedom of Speech Rights, especially on matters of public concern, are my opinion and not the opinion of my friends, family or employer*
Wake Up Call
Nick Zarnas
http://www.citiroc.com/management-team
http://start.cortera.com/company/research/l1o6mvo8s/nicholas-a-zarnas-inc/
Cleveland, Ohio 44115
United States
Land Banking
Commercial broker selling Cleveland Heights 4BD
by BlockShopper News Service, published May 6, 2009 http://w.sharethis.com/images/rotating-icon.gif?CXNID=1000014.0NXC) !important; background-attachment: scroll !important; padding: 1px 5px 5px 22px; background-position: 0px 0px !important; background-repeat: no-repeat no-repeat !important;">ShareThis
Nicholas A. Zarnas and Ann E. McDermott have listed for sale their four-bedroom, 2.5-bath home at 12655 Cedar Road in Cleveland Heights for $375,000.
http://cleveland.blockshopper.com/news/story/600019337-Commercial_broker_selling_Cleveland_Heights_4BD/?city=&price=0-100000
“The Cuyahoga Land Bank puts a lot of effort into strategic thinking and it pays off,” says Mark McDermott of Enterprise Community Partners. “We thought we would like to support the productive relationships between the Cuyahoga Land Bank and other community development organizations.”
McDermott adds that ECP was impressed by the Cuyahoga Land Bank’s tactic of targeting specific neighborhoods and properties that would make the most impact, “not just tearing a house down here and doing a rehab there. They work in a way that will stabilize the targeted community. And we think it’s paying off.”
http://blog.cuyahogalandbank.org/2012/02/enterprise-community-partners-awards-50000-to-the-cuyahoga-land-bank/
We are Enterprise. Our family includes Enterprise Community Partners, Inc, a national Section 501(c)(3) charitable organization that provides expertise for affordable housing and sustainable communities. Debt and equity financing for affordable housing is offered through our tax-exempt subsidiaries, Enterprise Community Loan Fund, Inc. and Enterprise Community Investment, Inc. Housing development and asset management services are offered through for-profit members of our family of companies, Enterprise Homes, Inc. and Enterprise Community Asset Management, Inc. Multifamily and commercial real estate financing is offered through Bellwether Enterprise Real Estate Capital, LLC.
http://www.enterprisecommunity.com/
A native of Cleveland, Reichtell lives in the Detroit-Shoreway neighborhood with her husband Mark McDermott and has two adult children, Peter and Katie McDermott. She is on the board of the Cuyahoga County Land Bank .
http://campusdistrict.org/staff