Brooklyn DA investigating Lindsay Park co-op board

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

New York /
Jul.July 17, 2015 04:30 PM

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


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
The change was driven by record rent drops and an increase in available apartments. (iStock)
Falling rents double city’s supply of voucher-accessible apartments
Falling rents double city’s supply of voucher-accessible apartments
From left: Homes in Jackson Hole, Wyoming; Park City, Utah; and Aspen, Colorado (Getty images)
Mountain high: Homebuyers flock to and reshape ski resort towns
Mountain high: Homebuyers flock to and reshape ski resort towns
Igor Tulchinsky and 220 Central Park South. (Getty, Robert A.M. Stern Architects)
First resale at 220 Central Park South closes at 23% premium for seller
First resale at 220 Central Park South closes at 23% premium for seller
The report of the death of cities was an exaggeration, an analysis of 30 million change-of-address forms shows. (iStock)
Exaggerated exodus: Covid didn’t scramble people’s migration patterns
Exaggerated exodus: Covid didn’t scramble people’s migration patterns
Trophy trees are the latest must-have for high-net-worth individuals decorating their mansions. (iStock)
Thought your mansion had it all? Don’t forget the trophy tree
Thought your mansion had it all? Don’t forget the trophy tree
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...