Quantcast

Daily News "Steals" Empire State Building to Teach Everyone a Lesson

2008_12_dnesb.jpgThe Daily News has a clever little cover story today about how the tabloid "stole" the Empire State Building. Inspired by the Brooklyn DA's increasing number of deed fraud prosecutions, reporters decided to try the scam, which involves drawing up fake documents, making a bogus notary stamp and filing paperwork with the city to transfer the deed to the property. Grifters use the fraudulent deed to take out big mortgages, then disappear.

About an hour after filing the fraudulent documents Monday, the city register office—which doesn't require clerks to verify the information—approved the transfer of the $2 billion property from Empire State Land Associates to Nelots Properties LLC. The News giddily notes that Nelots is "stolen" spelled backward, their paperwork listed King Kong star Fay Wray as a witness, and famous bank robber Willie Sutton as notary. Very cute.

However, instead of taking out a lucrative mortgage on the property and solidifying their grip on a dying industry for a few more months, the paper returned the building to its rightful owners on Tuesday. Squares!

But thanks for sharing; who wants to get together and take over the building housing Love Saves the Day? Seems like a cinch, according to the article. In fact, the one item city employees do check is the notary stamp, but a lawyer tells the News, "They don't check to see if it's real, but they do check to see if it's there."

Contact the author of this article or email tips@gothamist.com with further questions, comments or tips.

Comments [rss]

  • NannyState

    Everybody steals the Empire State Building. But they always return it.

  • Spirit of 76

    If I could get the Brooklyn Bridge this way, I'd set up some nice toll booths.

  • Future Taliban

    Americans: they're either busy committing real fraud or practicing how to do it make-believe.

  • widefive

    Nice stunt. But the headline might as well have said "We Commit Fraud!"

  • matty

    Brilliant.

    Although I hope they get hit with a 2 billion dollar transfer tax.

  • MT

    I have to admit it is fairly awesome that they pulled that.

  • ur doing it rong

    The head line should read "Pwnge"

  • moocowtoo

    Do they need to pay property taxes on it for that day?

    Ha!

  • Alex

    Hahaha that's awesome.

blog comments powered by Disqus

send a tip

tips@gothamist.com