New York Attorney General Letitia James faces scrutiny over claims she misrepresented her Brooklyn property's occupancy status in mortgage and insurance documents. Her office insists that she has owned the property as a four-family residence since 2001. Questions have emerged regarding her authority to declare the property's status, with experts noting that changes typically require governmental approval in New York City. Furthermore, documents show fluctuating occupancy declarations over years, raising concerns about potential discrepancies in financial benefits derived from the classification.
The mortgage and insurance fees that the Attorney General paid may have been less due to the misrepresentation of her Brooklyn property's unit count, claiming it was four instead of five.
The allegation that Letitia James misrepresented her property in financial documents for profit has been called baseless, asserting her consistent ownership of it as a four-family residence.
Her office has referred to additional financial records and tax documents, suggesting that discrepancies in the property’s listed number of units might be due to regulatory complexities.
Experts highlighted that in New York City, changing a property's occupancy rating usually needs to be approved by government authorities, and not solely decided by property owners.
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