COPING;Suspicion, Part 2: The Landlord's Story
THE landlord is fighting a cold and an eye infection, and perhaps the betrayal of a dream. Landlords can be idealists, too, although tenants rarely think so. Thirty-five years ago, Richard Ravitch, who is 63, envisioned four architecturally handsome towers of rental apartments on the East River in a racially and economically integrated enclave that would throb with a sense of community. It would be a monument to the liberal imagination, and eventually would turn a liberal profit. It took him 10 years to get his plan approved, he said. It was called Waterside Plaza, and was built under the Mitchell-Lama laws, with limited profit for limited risk and affordable housing if tenants agreed to certain restrictions and were within minimum and maximum income levels.