Envy Apartment

SEMINOLE HEIGHTS — When Mary Myles became program manager of The Graham Home 25 years ago , 30 adults with special needs occupied 65 square-foot apartments. "It was tough on Mary when the place closed," said Gracepoint project manager Susan Morgan . "She'd be the one putting a bucket out when it leaked." Today, a partnership between Gracepoint and DDA Development has brought about a suitable replacement for the senior living facility . The Graham reopened last month and now Mary Myles sits in a corner office on the same property, overlooking a community garden and lush landscape. The 80 residents now occupy 646 square-foot apartments. No need for a bucket. "We wanted to create something better for them," Myles said. Gracepoint privately funded the project, the first affordable housing units Gracepoint built from the ground-up using low income housing tax credits and a loan from the state of Florida. "Mary had been making do with nothing,...

One day in August, 2016, the financier Carl Icahn made an urgent phone call to the Environmental Protection Agency . Icahn is one of the richest men on Wall Street, and he has thrived, in no small measure, because of a capacity to intimidate. A Texas- based oil refiner in which he had a major stake was losing money because of an obscure environmental rule that Icahn regarded as unduly onerous. Icahn is a voluble critic of any government regulation that constrains his companies. So he wanted to speak with the person in charge of enforcing the policy: a senior official at the E.P.A. named Janet McCabe . Icahn works from a suite of offices, atop the General Motors Building , in midtown, that are decorated in the oak-and-leather fashion of a tycoon’s lair in a nineteen-eighties film. During that decade, Icahn made his reputation as one of the original corporate raiders , pioneering the art of the hostile takeover and establishing himself as a human juggernaut—a pugnacious deal machine ...