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Brooklyn Developer Banned for Condo Scandal | Real Estate News
Brooklyn developer Ezra Unger faces six years of selling condos in NYC after being caught taking buyer deposits for a Williamsburg project before official approval—and using those funds for personal expenses. Forced to repay $6.72M, buyers can either get their money back with interest or proceed with their unit purchases once construction finishes. The project’s troubled history includes loan defaults and lawsuits over ownership. Complicating matters, Unger—who’s reportedly eyeing an Israeli airline purchase—claimed bankruptcy in court, leading to suspended penalties. But if his financial…
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