Judge to determine whether Rudy Giuliani must turn over his $3.5 million Florida condo to the election workers
Source: CNN Politics
Published 3:02 PM EDT, Mon October 28, 2024
CNN The fate of Rudy Giulianis $3.5 million Palm Beach, Florida, condo, which he says is his primary residence, is now in the hands of a federal judge in Manhattan.
The former mayor of New York and prominent Donald Trump political advocate plans to stay in the Palm Beach condo now but will be blocked from doing anything that could diminish its value while the judge sorts out whether his creditors can seize it, Judge Lewis Liman said at a court hearing Monday.
The development in Giulianis debt saga comes as two Georgia election workers continue to pursue him in court for the $150 million he owes them for defaming them after the 2020 election when he was a lawyer for Trump. Ruby Freeman and Shaye Moss are a day away from taking control of a collection of Giulianis prized possessions and the only other property he owns, a $6 million Manhattan apartment.
Preparations are being made, Freeman and Moss lawyer, Aaron Nathan, said in court on Monday about how his team will get access to the New York apartment; roughly two dozen luxury watches; gifts Giuliani received after the Sept. 11, 2001, attacks; baseball memorabilia including a signed Joe DiMaggio jersey; and a Mercedes-Benz once owned by Lauren Bacall, among other valuables. Freeman and Moss are expected to attempt to sell the apartment and the other items to pay down a fraction of the $150 million debt, according to court records.
Read more: https://edition.cnn.com/2024/10/28/politics/rudy-giuliani-florida-condo-defamation-lawsuit/index.html
Full headline: Judge to determine whether Rudy Giuliani must turn over his $3.5 million Florida condo to the election workers he defamed
Fullduplexxx
(8,267 posts)jimfields33
(18,900 posts)take the other homes. Condos are incredibly difficult to sell right now and if they take it, they may be on the hook for very high assessments to get the condo building to code. Their decision of course.
IbogaProject
(3,654 posts)I'd bet the NYC one will sell easier no matter the condition.
jimfields33
(18,900 posts)Some in Florida are selling theirs for 50K just to get out of the money pit.
Deuxcents
(19,728 posts)If he applied for homestead exemptions and has been granted, he may get to keep it. One has to live here 6 months and 1 day to be eligible after residing here a year. The year is considered January to January.
LauraInLA
(1,306 posts)bankruptcies to leave people homeless, as a matter of policy.
HariSeldon
(500 posts)But he didn't follow the judge's orders, so he gets no bankruptcy projections. He's an idiot.
ZonkerHarris
(25,276 posts)maybe 150K
mdbl
(5,488 posts)it can be sold and a percentage given to him for a modest home. If someone is in a $2 million home, the entire value shouldn't be protected from the obligation.
cstanleytech
(27,012 posts)Like a 600 square foot house in the Brownsville, Brooklyn?
He would probably fit right in there if it's like what I read.
BumRushDaShow
(142,395 posts)republianmushroom
(17,652 posts)Last edited Mon Oct 28, 2024, 09:30 PM - Edit history (1)
No one is above the law, except trump and Musk.
cstanleytech
(27,012 posts)C0RI0LANUS
(1,343 posts)ZonkerHarris
(25,276 posts)mdbl
(5,488 posts)Especially near the coast.
ZonkerHarris
(25,276 posts)cstanleytech
(27,012 posts)slightlv
(4,332 posts)he's such a tiny man!