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Lawsuit: CEO Used Duke Properties Funds for Lavish Lifestyle

Duke Properties’ CEO Albert Dweck. (Duke) Former Duke Properties executive Sarah Lazar is suing CEO Albert Dweck, accusing him of misappropriating company money to fund his lavish lifestyle. But according to the Dumbo-based company, its former COO is just seeking a bigger payout than she is entitled to after failing to convince a judge that she was wrongfully fired. The departed executive filed a complaint in Manhattan Supreme Court Tuesday alleging that Dweck repeatedly used Duke funds for personal expenses, including his $15,000-a-month apartment, at times jeopardizing properties owned by the firm. Lazar is seeking $3.5 million for Duke, $3.5 million for herself and the removal of Dweck as managing member. Duke owns and manages several hundred properties in the New York metropolitan area, according to its website.

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