Tuesday, October 31, 2023

Rudy Giuliani cuts asking price of his Upper East Side apartment amid legal and financial woes - New York Daily News

Embattled former New York City mayor and Trump lawyer Rudy Giuliani has slashed the asking price of his posh Upper East Side apartment by $400,000 amid ongoing legal and financial troubles.

The listing with Sotheby’s is currently $6.1 million, down $400,000 from when it was first put up for sale over the summer — just weeks before he turned himself in to authorities in Georgia on charges that he and others attempted to overturn the state’s 2020 election results. He has pleaded not guilty to those charges.

Giuliani purchased the three-bedroom co-op in the landmarked 45 E. 66th St. residence in 2002 for nearly $4.8 million; he previously shared it with his ex-wife Judith.

Rudy Giuliani's residence at 45 East 66th Street.

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Rudy Giuliani’s residence at 45 E. 66th St.

The listing agent declined to speak on the matter and a Giuliani representative did not immediately respond to a request for comment.

The apartment listing boasts of “bright, high-floor outlooks and an abundance of sunshine, high ceilings, and beautiful hardwood floors,” plus a semiprivate elevator landing and conservatory.

The price cut, reported initially by the New York Post, comes as the man once dubbed “America’s mayor” is reportedly struggling under the pressure of substantial legal bills and sanctions tied to his support of former President Donald Trump.

“These are a lot of bills that he’s not paying,” his lawyer revealed during a defamation case in August brought by the voting tech company Smartmatic. “I think this is very humbling for Mr. Giuliani.”

CNN estimated at the time that Giuliani owes hundreds of thousands of dollars in various expenses, including nearly $90,000 in sanctions from a defamation case, $57,000 in unpaid phone bills, a $20,000 monthly fee for electronic record storage, at least $15,000 for a records search, plus various attorneys’ fees.

Earlier this year the Internal Revenue Service put a lien on Giuliani’s Palm Beach, Fla., condominium because he owes nearly $550,000 in unpaid federal taxes, the latest indication Giuliani is in financial dire straits; his adviser said at the time he had a “formal agreement” with the IRS to pay it off.

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