New York Shareholders Scam Local Lottery
The Twin Bay Ridge Towers boast an affordable opportunity for New Yorkers to have their own piece of the pie. Conveniently located in the Northeast corner of the neighborhood, offering a short fifteen minute subway ride into Brooklyn’s business district, making these highly coveted and sought after condominiums a source of contention amongst locals.
Bay Ridge Towers
The state-supervised co-op apartments are available for far below the average starting point of housing options in the area; and are only obtained through a strenuous application and lottery process which will only leave you at the end of a long list of hopeful future residents. It has been said that some five-hundred applicants are still waiting for their name to come up in this supposed random drawing for a spot in Bay Ridge Towers, some even patiently waiting from as far back as 2016.
Recently though, it has been discovered that not all of the current shareholders are playing by the rules. In fact our sources have confirmed that some of these rascally residents are taking a much larger bite out of the Big Apple than is deemed legal. The Mitchell-Lama program has set forth annual household earning caps via income affidavits that are in place for allowing fair play amongst the people vying for a view in the Bay Ridge Towers complex.
However, some neighbors have decided to be negligent in their endeavors to obtain a place amongst the mostly honest crowd. Carrying with them a creed of deceit and disavowal when it comes to what the State of New York has laid out as the mandatory policy regarding this sought after stay. Disregarding law, liberty, and lying in order to maintain their place in the pad overlooking Sunset Park. This has locals daring to ask if this is a possible deja vu of 2005.
A state-funded attorney by the name of Yasmin Dwedar has been named as one of these such promiscuous patrons; promoting problems for the people that deserve a fair shake at this profitable and providing opportunity. Rather than promising to abide by the rules set forth by the state’s cooperation program, she has been packing her portfolio with numerous properties throughout the United States. An undisclosed source has provided information that Ms. Dwedar is pocketing much more than is allowed as annual income for her one bedroom apartment in the Bay Ridge Towers.
The source states that Yasmin Dwedar has owned this address for approximately six years now and makes well over the maximum amount of $61,400 per year, which has been laid forth by the State of New York as the complete cap of annual household income for her particular place in the Bay Ridge Towers. In fact the information indicates that she brings in this amount roughly every ninety days with her position as executive director for Vermont Legal Aid, alongside her vast expansion of rental properties which she landlords over.
We believe that the incredulous inconsistencies in her income reporting should be investigated by the proper authorities immediately; as this poses high risk and potential problems to the other people of the area that are not in the same financial situation. We encourage fair reasoning and insight into this irresponsible action that has been appropriated by someone that should know better.
Through the writing of this article we hope that some sort of justice will be brought in the bidding for these unintended yet apparent high stakes suites. We earnestly look forwarded to learning how the State of New York and the Mitchell-Lama program intends on dealing with the dastardly distortions of truth and trust within the plight for a place in the Bay Ridge Towers plaza. The people of Bay Ridge, Brooklyn, and New York deserve better and we believe that the power and process exists to deliver this unto them.