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Giuliani Hits the Mattress! – Lists UES Co-op for $6.5M Amid Legal Uncertainties

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Giuliani Hits the Mattress! – Lists UES Co-op for $6.5M Amid Legal Uncertainties

Edited by: TJVNews.com

Former New York City Mayor Rudy Giuliani has recently put his long-standing Manhattan co-op on the market for $6.5 million, as was reported by the New York Post.  Located on the prestigious Upper East Side at 45 East 66th Street, this corner unit has garnered attention not only for its upscale location but also due to its connection with the high-profile FBI raid that occurred in 2021, the Post report added.  The home’s listing comes at a time of legal uncertainties for Giuliani, prompting speculations about his future plans and potential legal challenges.

The three-bedroom, three-bathroom co-op was purchased by Giuliani in 2002 for $4.8 million. The Post reported that the home’s market debut in late July has raised questions about the reasons behind Giuliani’s decision to sell, and whether it signifies his departure from the city he’s been associated with for decades. An insider source suggests that Giuliani might be preparing for upcoming court cases, indicating that the former mayor could be facing potential legal battles.

Legal experts highlight the financial burden that legal proceedings, especially on a federal level, can impose on individuals, as was reported by the Post. With the possibility of facing federal indictment and the associated legal fees, Giuliani might be considering the sale of assets, including his Manhattan co-op, to secure funds for legal representation. According to the Post report,  the complexities of federal criminal indictments often translate into protracted legal battles, which require substantial financial resources to sustain.

One legal eagle told The Post: “There is no doubt that if he is federally indicted he will need top-notch lawyers to see his case through. Most criminal indictments on the federal level can take years to prosecute and you are responsible for paying your lawyers throughout. It will cost a pretty penny.”

“I am not aware of his financial circumstances, but considering what he could be up against, it is not uncommon to sell assets or even list your home for some quick income, “ the legal eagle added.

Giuliani’s decision to list his Manhattan residence might be indicative of his strategic planning, recognizing the potential financial challenges that lie ahead. The move aligns with his efforts to secure top-tier legal assistance and ensure his ability to navigate any potential legal hurdles effectively, the report in the Post suggested. However, Giuliani’s financial circumstances are not publicly known, leaving room for speculation about the motivations behind the listing.

The 10th floor co-op, situated near Central Park, boasts original architectural details and high ceilings, reflecting its historic significance, having been constructed in 1906. Designed by renowned architects Harde & Short, the building holds landmark status since 1977, the Post report indicated. The residence offers luxurious features, including a wood-burning fireplace and a semi-private elevator landing, contributing to its appeal among affluent buyers, the report added.  The building also includes a 24-hour doorman and a rule barring construction work during the summer.

Giuliani’s residence gained public attention in April 2021 when it was raided by federal agents as part of an investigation into his alleged activities involving Ukraine, as was reported by the Post. The FBI seized electronic devices during the raid, triggering a public dispute between Giuliani and federal authorities. The former mayor accused federal authorities of “trying to frame me” and alleged that he was under investigation because of his work for former President Donald Trump, the Post report indicated.

“Usually a person who has been a former assistant US attorney, a US attorney, a mayor, the associate attorney general, usually they receive a subpoena — not have their home raided,” Giuliani said at the time in an interview with Fox News, the Post report added. “The only lawyers they raid are lawyers for Donald Trump. I can’t think of another lawyer that has been raided other than lawyers for Trump.”

Giuliani added that during the raid, they purposefully ignored copies of Hunter Biden’s computer hard drives and blamed the investigation on “Trump Derangement Syndrome.”  The former mayor also warned authorities at the time, “You’re not going to stop me. And you’re not going to convict me of some phony crime,” according to the Post report.

Ultimately, the case was dropped by prosecutors in November 2022, signaling a legal victory for Giuliani.

Despite the resolution of the 2022 case, Giuliani’s close association with former President Donald Trump continues to attract legal scrutiny. The Post report noted that the timing of the co-op listing, just days before the indictment of “co-conspirator one,” believed to be Giuliani, in relation to the aftermath of the 2020 presidential election, raises questions about potential legal entanglements tied to his alliance with Trump.

At one point, Giuliani owned six homes, the Post report said, including the nine-room co-op on the Upper East Side and the house in the Hamptons, and had 11 country club memberships.

A year after he purchased the UES co-op, Giuliani married Judith Nelson on the lawn of Gracie Mansion, the Post report said.

The former mayor’s future endeavors, legal or otherwise, remain uncertain, leaving observers intrigued by the developments surrounding “America’s Mayor.”

 

 

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