 It was the first instance in which Robert Moses' practice of "honest graft"—the method by which Slum Clearance chairman Moses distributed premiums, contracts and retainers to favored and incompetent friends—was revealed in the press.Under Title I, the plot of tenements worth $15,000,000 had been sold, for $1,000,000, to developer Samuel Caspert, charged with building public housing.Instead of relocating occupants, bulldozing the slum, and constructing public housing, Caspert and Co. merely sat on the newly acquired property collecting millions in rents.