Notorious NYC landlord pleads guilty to mortgage fraud, grand larceny

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

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
Albany buildings
How Albany is dealing with its 1K vacant buildings
How Albany is dealing with its 1K vacant buildings
Seth Weissman, John Catsimatidis, Mayor Eric Adams
They said what now? Real estate quotes of the week
They said what now? Real estate quotes of the week
Representative George Santos
George Santos’ alleged Ponzi scheme victimized RE agent
George Santos’ alleged Ponzi scheme victimized RE agent
(Photo Illustration by The Real Deal with Getty)
DC’s real estate market demands to be taken seriously
DC’s real estate market demands to be taken seriously
Map of Oregon, Costa Rica; Handcuffs; Homes
Man pleads guilty to $1.2M international real estate scam
Man pleads guilty to $1.2M international real estate scam
From left: Robert Reffkin and Rupert Murdoch (Getty, Compass)
ChatGPT didn’t write this week’s real estate news roundup, we promise
ChatGPT didn’t write this week’s real estate news roundup, we promise
(Photo Illustration by The Real Deal with Getty)
Native Hawaiians leaving state due to high cost of living
Native Hawaiians leaving state due to high cost of living
5603 Winslet Drive North in Franklin, TN with Paula Duvall
Charred $1.5M mansion finds buyer after days on market
Charred $1.5M mansion finds buyer after days on market
arrow_forward_ios

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

Loading...