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BK Developers Indicted for Pocketing $1 Million from Affordable Housing Program

Six New York City real estate developers were indicted Wednesday for collecting more than $1 million in property tax benefits to promote affordable housing while renting units at sky-high prices.

Manhattan prosecutors claim Joel Kohn, Michael Ambrosino, Alen Paknoush, Mendel Gold, Ioan Sita, Gheorghe Sita, and their businesses have abused [...] Click here to view original web page at www.nydailynews.com



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