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Luxury developer to cough up $3M for underpaying workers

ft_NY_Heatherwood Settlement
From left: Heatherwood Communities’ Douglas Patrick and Attorney General of New York Letitia James along with 568 Union in Williamsburg (Heatherwood Communities, Getty, Twitter/CertilmanBalin)
Source: The Real Deal

A developer in New York City is paying up after violating the conditions of a tax break by shorting workers at two luxury apartment buildings in the outer boroughs. Under the terms of a settlement with New York Attorney General Letitia James’ office, rental developer Heatherwood Communities will pay $3 million, including penalties and more than $700,000 in wages and interest to two dozen underpaid workers at 421a buildings in Long Island City and Williamsburg.

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