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    Home»Real Estate News»New Yorker Hotel Takeover Artist Pleads Guilty to Fraud

    New Yorker Hotel Takeover Artist Pleads Guilty to Fraud

    Team_WorldEstateUSABy Team_WorldEstateUSAFebruary 24, 2026No Comments2 Mins Read
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    The person who as soon as claimed to personal the New Yorker Lodge has one thing else in his pocket as of late: a conviction.

    Mickey Barreto pleaded responsible to a fraud cost final week, the Related Press reported, confessing to forging property information to take possession of the property at 481 Eighth Avenue in Hell’s Kitchen, Manhattan. The plea deal features a jail sentence Barreto already served.

    The wild story began in June 2018, when Barreto booked a room on the resort for one night time earlier than asking the resort for a lease of the room the next day, in accordance with an obscure a part of New York’s hire stabilization regulation.

    The resort denied, however he filed a case in housing court docket for wrongful eviction and was granted possession of a single room, in line with court docket paperwork.

    In Might 2019, Barreto uploaded faux paperwork into town’s property information, together with a deed transferring the resort’s possession from the Holy Spirit Affiliation for the Unification of World Christianity to himself. 

    Barreto allegedly began demanding hire from tenants and tried accessing the resort’s financial institution accounts, going as far as to demand Holy Spirit go away and get in touch with Wyndham, the resort’s franchise holder, about transferring the franchise to him.

    However Holy Spirit went to civil court docket and received an order banning Barreto from presenting himself because the New Yorker’s proprietor. Barreto allegedly did not abide by the order and filed extra false paperwork, together with a phony $400 million deed transferring possession from himself to himself.

    Two years in the past, Manhattan District Lawyer Alvin Bragg’s workplace charged Barreto with 14 counts of providing a false instrument for submitting within the first diploma — a felony — and 10 counts of prison contempt within the second diploma. Barreto was additionally evicted from the resort in 2024 and later deemed unfit to face trial, mandated to endure psychiatric therapy.

    Barreto’s responsible plea carries a six-month jail sentence, which he’s already served. He may even be on probation for 5 years.

    — Holden Walter-Warner

    Learn extra

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    Alleged fraudster filed a $400M deed transfer of New Yorker Hotel to himself


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    Yellowstone buys $106M note backed by New Yorker Hotel






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