The co-op board of Lindsay Park—an enormous middle-income housing complex in Williamsburg—is under investigation by the Brooklyn District Attorney's office over allegations of corruption.
According to DNAinfo, officials seized computers and filing cabinets from the development's office on Friday, and while the DA's office has not yet commented on the ongoing investigation, a source within the complex said that agents told him that the board was being investigated over "'mistreated money' and potential corruption."
The 2,700-unit complex is part of the state-run Mitchell-Lama program, which has provided affordable housing for middle-income residents through tax abatements for 60 years. In the past, Lindsay Park has faced complaints about the co-op board's management policies, and the group Shareholders for the Betterment of Lindsay Park recently protested the board's lack of transparency over its application for a $30 million loan.
Last year, around 900 residents signed a petition that raised issues with how the board conducted its elections, with many taking issue with the electioneering tactics of current board president, Cora Austin.
"Ever since Cora [Austin] has been board president, she's kept everything secluded," one resident told DNAinfo. "We don't know anything until after the fact."
Austin, for her part, has denied any knowledge of the investigation and said that residents who are speaking to the press are merely "disgruntled."
· Lindsay Park Board Being Investigated for 'Mistreated Money,' Sources Say [DNAinfo]
· Brooklyn DA investigating Lindsay Park co-op board [The Real Deal]