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Well, most councils are in financial trouble because of 'the cuts', of course. I have no understanding of Haringey's finances at the moment at all, except that they didn't cause such a catastrophe as what happened in Hackney. When I had anything to do with Haringey, it was only about traffic projects, and they certainly weren't very good back then, although no worse than some other local authorities, but that's the extent of my knowledge of that council.
It probably hasn't had to. Hackney's sell-off apparently only came because of their financial problems--they weren't fully bailed out by the Government, which had just changed to Blair, but had to generate quite a lot of cash from selling the family silver. Haringey, to the best of my knowledge, didn't plough £70m into an ill-advised leisure centre with a fancy roof that leaked and where you could see into the women's changing room from the staircase to the upper floor. It's likely that Haringey has long-term tenants in many of its street properties and they wouldn't evict these people or move them around.