The Real Deal New York

Ex-payroll manager at Chelsea co-op complex charged with embezzlement

March 08, 2013 03:30PM

Eric Greenfield, a former payroll manager at the Penn South co-op development, pleaded not guilty this week to allegations of embezzling nearly $190,000 from the Chelsea complex’s checking account, DNAinfo reported. He was released on a $150,000 bail bond. Despite the not guilty plea, Greenfield told police that a “financial hardship” led him to steal a total of $187,428, DNAinfo said. Greenfield was arrested last month and charged with grand larceny for the alleged theft.

Penn South is located in Chelsea and also goes by the name Mutual Redevelopment Houses. It is a 10-building, 2,820-unit development for low- and middle-income housing.

Greenfield worked as the development’s payroll manager and assistant to the CFO from 2007 until 2011.

Brendan Keany, manager of Penn South, declined to comment to DNAinfo. Neither Greenfield nor his lawyer, Jeffrey Lichtman, responded to DNAinfo’s requests for comment. [DNAinfo]Zachary Kussin