The Real Deal New York

Brooklyn DA investigating Lindsay Park co-op board

Agents showed up at Mitchell-Lama development to seize computers and files

July 17, 2015 04:30PM

Lindsay Park in Williamsburg

Lindsay Park in Williamsburg

The co-op board of Lindsay Park, a middle income Mitchell-Lama development in Williamsburg, is facing an investigation from the Brooklyn District Attorney’s office.

DA agents seized filing cabinets and computers from the 2,700-unit complex on Thursday, according to DNAinfo. A law enforcement source said that the action was part of an ongoing investigation, but the DA’s office did not provide any information.

A former security guard at the complex said that the agents said they were investigating “mistreated money.”

Last year, 900 residents of the complex signed a petition asking for more transparency in the board’s election policies. This month, a group called Shareholders for the Betterment of Lindsay Park accused the board of not being open about a $30 million loan for which it was applying.

Board president Cora Austin said, “They are all allegations.” [DNAinfo] — Tess Hofmann