In a winner-takes-all industry like real estate, ambition can often go awry. When it comes to real estate scams and crimes in New York, no economic cycle is spared. As The Real Deal and other publications have documented, a number of cash-strapped industry players have turned to devious acts during the recession as finances have grown tight.
But it’s not just the bad times that breed bad behavior. In our March 2010 issue, we explored some of the most elaborate scams, from stealing buildings to faking construction permits. Click here to read the full story.