Notorious NYC landlord pleads guilty to mortgage fraud, grand larceny

Daniel Melamed also admitted to illegally buying property for $250K

TRD New York /
Nov.November 27, 2017 04:10 PM

Daniel Melamed

The convictions keep coming for Daniel Melamed.

The notorious New York landlord who was previously convicted of illegally evicting tenants pleaded guilty on Monday to charges including mortgage fraud, grand larceny and forgery as part of a scheme to falsify loan documents and collect money from the U.S. Department of Housing and Urban Development, according to the New York Post.

Melamed also admitted to illegally buying a $250,000 property with a shell company in 2013. He sold it one year later for $1.25 million.

In June, Melamed was found guilty of shutting off the heat and performing illegal construction to try driving out tenants in his 14-unit Crown Heights multifamily building at 1578 Union Street, according to the New York Attorney General’s office.

Attorney General Eric Schneiderman said in a statement that Melamed “stole money from taxpayers and cheated the public in order to boost his bottom line.” [NYP]Eddie Small


Related Articles

arrow_forward_ios
Developers pulled back on advertising as online traffic and print subscriptions grew (iStock)

Real estate ad dollars vanished as pandemic spread

Real estate ad dollars vanished as pandemic spread
317 West 77th Street (Google Maps, iStock)

Townhouse owners make federal case of cell tower next door

Townhouse owners make federal case of cell tower next door
Fredrik Eklund, Julia Spillman and John Gomes (Getty, iStock)

Threatened by tech, agents turn to app

Threatened by tech, agents turn to app
(iStock)

Mortgage applications to buy homes now higher than a year ago

Mortgage applications to buy homes now higher than a year ago
155 West 11th Street and 1100 Park Avenue (FXFOWLE; Google Maps)

Manhattan luxury market shows tentative signs of activity

Manhattan luxury market shows tentative signs of activity
Clockwise from bottom left: Robert Reffkin of Compass, John Gomes, Scott Rechler of RXR Realty, Rich Barton of Zillow, Gary Keller of Keller Williams and Don Peebles of The Peebles Corporation (Getty)

“America is in crisis:” Real estate leaders address George Floyd protests

“America is in crisis:” Real estate leaders address George Floyd protests
16 Sutton Place (Credit: Google Maps)

Sutton Place co-op in turmoil over terrace fees

Sutton Place co-op in turmoil over terrace fees
Molly Townsend (Getty, iStock)

Ex-Douglas Elliman sales manager Molly Townsend joins Triplemint

Ex-Douglas Elliman sales manager Molly Townsend joins Triplemint
arrow_forward_ios

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

Loading...