Monthly Archives: October 2022

D.A. Bragg, DOI Commissioner Strauber Announce Indictment of Six Real Estate Developers for Defrauding New York State’s 421-A Program

“These developers allegedly abused a government program meant to provide New Yorkers access to desperately needed affordable housing. Not only did they illegally charge substantially higher market rents for years, but they did so while personally reaping the benefits of generous property tax abatements. When I announced our Housing & Tenant Protection Unit last week, I said that we would take a targeted approach to complex and pervasive criminal activity that diminished our already limited stock of affordable housing, and this case is an example of just that,” said District Attorney Bragg.