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Letitia James, April 23, 2019/ Photo credit: Diego M. Radzinschi/ALM Letitia James, April 23, 2019/ Photo credit: Diego M. Radzinschi/ALM

NEW YORK CITY—The New York Attorney General has accused the former head of operations at Newcastle Realty Services of fraud. Letitia James alleges that David Drumheller and other Newcastle employees illegally deregulated hundreds of rent-stabilized apartments in a scheme to make larger profits with free-market rents.

Betsy Kim

Betsy Kim is the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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