NEW YORK, NY (June 3, 2026) — Lawrence Wecker, the mafia-connected construction executive convicted in a fraud and corruption scheme tied to The Stella in downtown New Rochelle, has been released from state prison to parole supervision, according to a New York State Department of Corrections and Community Supervision custody notification.
Wecker, 86, was released June 3 to community supervision. His supervising office is the Manhattan 3 Parole Office at 314 West 40th St. in New York City.
Wecker was convicted in January 2024 and sentenced June 4, 2024, to 2 to 6 years in state prison for his role in a fraud and corruption scheme tied to JM3 Construction LLC. He was booked into Fishkill Correctional Facility on July 29, 2024.
Manhattan District Attorney Alvin L. Bragg Jr. announced indictments in May 2023 charging Wecker, JM3 Construction LLC, seven other individuals and six companies with enterprise corruption and related charges. Prosecutors said the JM3 Construction Enterprise engaged in multiple criminal schemes involving affordable housing projects, including The Stella at 14 LeCount Place, now 10 LeCount Place, in New Rochelle.
The Stella is a 27-story mixed-use building with 380 residences, including 25% affordable units, and 6,200 square feet of retail space. The project was developed by L+M Development Partners and Wilder Balter Partners.
Prosecutors said JM3 Construction LLC engaged in Minority and Women-Owned Business Enterprise fraud, payroll and insurance fraud, efforts to cover up worker injuries, and the use of fictitious contracts and invoices.
According to prosecutors, Wecker falsely claimed JM3 would use MGS Construction Corp. and LNR Construction LLC toward M/WBE goals at The Stella. Prosecutors said Wecker also arranged to pay Lisa Rossi $2,500 weekly to pose as a women-owned business enterprise subcontractor.
The indictment also said workers were injured at The Stella and that JM3 Construction Enterprise members sought to hide the injuries from the client and have workers lie about how the injuries occurred.
In one intercepted conversation cited by prosecutors, Wecker directed others to say an injured worker “fell walking on the street.” In another, Wecker directed a JM3 foreman, “If somebody gets hurt, if it’s minor, take him to urgent care, say it happened at home and we’ll pay him.”
Wecker’s criminal history included 2001 convictions for bribing labor officials and ties to the Lucchese and Genovese crime families, according to prior reporting.
A spokesperson for WBLM 14 Le Count Owner LLC previously called JM3’s actions “completely unacceptable.” Westchester County Legislator Damon Maher previously said he would request a review by the county attorney to determine whether clawback proceedings might be appropriate.
“This article was prepared with the assistance of AI tools under the direction and editing of Robert Cox.”
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