Richard Basciano (July 16, 1925 – May 1, 2017) was an American property developer active in New York City and Philadelphia.
[2] In the 1960s, Basciano began selling pornography around New York in partnership with Gambino crime family mobster Robert DiBernardo.
In early June 2013, a building controlled by Basciano at 2136 Market Street in Philadelphia collapsed during demolition, killing six and injuring thirteen.
Efforts by the city to sanitize Times Square compounded the widespread adoption of VCRs.
[3] Operating through STB Investment Group and other firms, Basciano sold his properties as neighborhoods became gentrified.