AG turns up pressure on Brooklyn condo sponsors over alleged fund misuse

by The Real Deal

New York Attorney General Letitia James is turning up the heat on a pair of Brooklyn developers, accusing one of them of stonewalling a yearslong probe into a troubled condo conversion in Clinton Hill. James’ office has asked a judge to compel Barry Leon, partner to developer Louis Greco, to comply with a subpoena tied to the conversion of 475 Washington Avenue, according to Bisnow. The state says Leon has ignored requests for documents and testimony since February 2024, despite multiple contacts with investigators. The Office of the Attorney General is examining whether Leon and Greco mishandled funds and violated […] This article originally appeared on The Real Deal. Click here to read the full story.
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