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
200 Water Street and 31 Prospect Park West (Google Maps)

Brooklyn’s luxury deal totals rise for 3rd straight week

Brooklyn’s luxury deal totals rise for 3rd straight week
Metro areas with less affordable housing drive high-income buyers to eye homes in lower-income neighborhoods at disproportionate rates (iStock)

TRD Insights: Gentrification happening fastest in least affordable cities

TRD Insights: Gentrification happening fastest in least affordable cities
Gov. Andrew Cuomo has given the go-ahead to reopen schools for in-person learning statewide (Getty; iStock)

School’s back on. Will the NYC resi market follow suit?

School’s back on. Will the NYC resi market follow suit?
New York’s real estate market is becoming two different stories: Manhattan, where deals are falling — and the suburbs, where demand is spiking. (iStock, Unsplash)

Manhattan is cold, the suburbs and Brooklyn are hot: Here’s what the resi market looked like in July

Manhattan is cold, the suburbs and Brooklyn are hot: Here’s what the resi market looked like in July
Home sale price declines are expected for July, after a recent bump, according to a CoreLogic report. (iStock)

Home sale prices got a bump, but a drop is coming: Report

Home sale prices got a bump, but a drop is coming: Report
(Images courtesy of Victor Group)

The Getty condo chops prices up to 53%

The Getty condo chops prices up to 53%
442 Union Street and 257 Berry Street (Google Maps)

Brooklyn’s luxury market reaches new pandemic high

Brooklyn’s luxury market reaches new pandemic high
Marwan Kheireddine (inset), Jennifer Lawrence and 400 East 67th Street (Getty, Compass, BDL Accelerate)

Jennifer Lawrence’s Upper East Side PH sold at 37% loss

Jennifer Lawrence’s Upper East Side PH sold at 37% loss
arrow_forward_ios

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

Loading...