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Real Estate & Property Law

: The Home Equity Theft Reporter

NY AG Slams Manhattan Developer With Suit Alleging He Screwed Buyers By Looting $7.4M From Battery Park City Condo Reserve Fund

By r morris

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From the Office of the New York Attorney General:Attorney General Andrew M. Cuomo [] filed a lawsuit charging the developers of the Rector Square Condominium in Battery Park City with defrauding purchasers out of approximately $7.4 million by raiding a reserve fund meant to ensure the health and safety of residents and instead using the money for personal and unrelated business purposes.The

Full post as published by The Home Equity Theft Reporter on June 13, 2010 (boomark / email).

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