Bragg indicts developers accused of fraud in affordable housing program

Make your contribution now and help Gothamist thrive in 2022.Manhattan District Attorney Alvin Bragg announced multiple indictments on Wednesday against six real estate developers accused of falsifying records about apartments legally designated as affordable in order to reap the benefits of a controversial tax incentive.

“This illegal activity was perpetuated for years because the developers filed false paperwork to the city and state indicating falsely that they were following all appropriate guidelines,” Bragg said. It’s the latest blow from local law enforcement to beneficiaries of 421-a, who have since been accused of wrongdoing. It is also believed by Bragg’s office to be the first criminal tax fraud case under the program.

that demon won't arrest criminals.

More of this.

GET TRUMP, QBall.

I am (not) shocked. The simple matter is not enough middle and lower income housing is being built. It's not because of construction costs either, it's due to greed including a desire to keep property values from ever slipping. In other words artificial scarcity.

Fucking clown, he indicts fraudsters but can’t keep killers or crazy people in jail

Alvin, how about prosecuting some violent criminals in your spare time

Wow he finally does something relevant to NYers. Too late, hope he’s fired soon.

Prohibit NYC dog owners from having their dogs defecate & urinate on city sidewalks. It’s become excessive. A health hazard. A destruction of our quality of life. Either enforce curbing the dogs (in the street to be picked up) or require it to be done in their homes. NYCesspool

😒 Yes developers are notoriously truthful! 🤡

Indicts developers, frees violent thugs.

It’s about time

RacistMayor RecallAlvinBraggs

And Trump walks free

He doesn’t go after the guys with guns ha ha

I feel safer on the subway already. What a buffoon.

Good. These real estate developers (allegedly) stole from the government and people of NYC. Now, Bragg, what about that other infamous, thieving NYC real estate developer?

That’s great, let us know when does something about violent street crime.

Did they use guns when they falsified those documents or push them onto subway tracks? How fast will they be out on the street?

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