City officials confirm Luigi Caiola cheated Landmarks: report

Real estate scion accused of soliciting fake letters in support of school expansion

TRD New York /
Jun.June 27, 2016 09:00 AM

The city’s Department of Investigations confirmed that real estate scion Luigi Caiola tried to cheat the Landmarks Preservation Commission into approving the expansion of a Gramercy private school.

According to documents reviewed by DNAinfo, Caiola asked eight people to pretend to be neighbors of the school and send letters to the commission in support of the expansion of the Friends Seminary at 222 East 16th Street. Caiola’s children attend the school.

The commission approved the school’s plans for a $67 million expansion of its campus last year.

According to a memo viewed by DNAinfo, the department sent its findings to the Manhattan District Attorney’s office on April 28, which may mean a criminal investigation could follow.

Caiola did not respond to the website’s requests for comment.

Caiola is the son of Benny Caiola, the late real estate developer and founder of B + L Management. In August, Fairstead Capital and Blackstone Group acquired 24 Manhattan rental buildings from the Caiola family for $690 million. The firms have begun marketing a piece of that portfolio. [DNAinfo]Konrad Putzier


Related Articles

arrow_forward_ios
Department of Investigation Commissioner Margaret Garnett (Credit: iStock)

Evictions didn’t go down from 2017-2018 quite as much as the DOI thought

The city’s been investigating NYCHA for more than just its lead paint scandal

The city’s been investigating NYCHA for more than just its lead paint scandal

City charges 14 in scheme to bribe BK building inspectors

City charges 14 in scheme to bribe BK building inspectors

Blackstone and Fairstead shooting high to sell Caiola buildings

Blackstone and Fairstead shooting high to sell Caiola buildings

NYCHA worker claimed broken alarm was working before deadly blaze

NYCHA worker claimed broken alarm was working before deadly blaze

NYC Dept. of Investigation sets sights on 180 Maiden Lane

NYC Dept. of Investigation sets sights on 180 Maiden Lane

Fairstead, Blackstone shopping piece of Caiola portfolio

Fairstead, Blackstone shopping piece of Caiola portfolio

Luigi Caiola Friends Seminary 222 east 16th street thumb

Gramercy school submitted fraudulent letters to secure LPC approval for $67M renovation: officials

arrow_forward_ios
Loading...