Congrats to the Feds, Now the Proud Owners of Paul Manafort's Trump Tower Condo
Category: News & PoliticsVia: krishna • last year • 10 comments
Donald Trump gives a thumbs up as his campaign manager Paul Manafort and daughter Ivanka look on,National Convention, Cleveland, July 21, 2016. Rick Wilking/REUTERS
Paul Manafort used to live in a multimillion-dollar condo in Trump Tower, but now he lives in prison. That multimillion-dollar condo, meanwhile, is in the hands of the federal government, which has formally seized the apartment. A cool new house for the Feds! I only hope, for their sake, that Manafort’s a better decorator than his crime boss.
According to CNN, on Thursday Judge Amy Berman Jackson issued an order officially granting the Justice Department’s request to seize Manafort’s condo, which he purchased through a very illegal shell company about a decade ago and mortgaged for about $3 million in 2015.
The two-bedroom, 2.5-bath apartment makes up 1,509 square feet, and is basically a steal. Though Manafort told prosecutors it was worth $6 million, apartments in Trump Tower have seen a real drop in worth over the last year or so for some reason, and Zillow says this Fifth Avenue bad boy’s down to $2.5 million, if you want it.