Big East Harlem Project, Unfinished, Is Vandalized
Taino Towers is vacant and vandalized with final construction suspended because of severe financial problems; project has been controversial because of luxury features it offered to poor and moderate-income residents, such as swimming pool, gymnasium, greenhouse and central air conditioning; group of 9 NYC banks that granted total of $39-million in Fed insured construction loans have asked that mortgages be assigned to Fed Govt, which would then reimburse banks and become mortgage-holder; another possibility is that Fed Govt provide additional $6-million in Fed insured mortgage money to permit completion of project; HUD Sec Carla A Hills says decision will be forthcoming; illus of vandalized project (L)