NORDLICHT AND HUBERFELD AND THE PROPERTY DUMP – 19.5$ FOR THE TAKING… SEC…?
PLATINUM’S PARTNERS ARE AT IT AGAIN, DUMPING PROPERTIES…
It is no secret that we feel that Huberfeld and Nordlicht and their “Platinum Partners” were serial schemers. They have, over a long and sordid history, increased their individual and collective wealth through a series of well-played investments in the stupidity or naivete of their victims. We have to give them credit… manipulating markets at well as you manipulate people and then enshrouding it all in a reputation of “Philanthropy.”
In the latest of twits and turns, they are dumping properties. Were we to be the rainmakers at the SEC and the IRS, we would be freezing these properties so they cannot be sold. Unfortunately, we are mere mortals and do not have the appropriate clout. But we are hoping perhaps someone is reading.
Between West 85th Street & West 86th Street | Riverside Dr./West End Ave.
APARTMENTS FOR SALE –
There are a pair of 535 West End Avenue apartments in New York City up for sale by Huberfeld and Nordlicht:
The apartments are #10 and #15:
The first apartment is owned by Laura Huberfeld — Wife of Murry Huberfeld of Platinum Partners and the Seabrook bribery case:
The second apartment is owned by Mark Nordlicht of Platinum Partners — but it’s in a holding corp:
- 535 W.E.A. Group has a registered address of “245 Trenor Drive, New Rochelle, NY 10804” (Source: http://opendatany.com/corporation.php?id=3984589)
- Mark Nordlicht lives at 245 Trenor Drive in New Rochelle (Source — Search for “Mark Nordlicht”: http://www.elections.ny.gov:8080/reports/rwservlet?cmdkey=efs_sch_report+p_filer_id=C19676+p_e_year=2013+p_freport_id=F+p_transaction_code=A)
Mark Nordlicht sold his Bal Harbour Condo last year for close to $8M:
As of this past December, Mark Nordlicht and other Platinum executives had ‘exhausted’ at least $10 Million on their defense:
Mark Nordlicht just switched to his third (?) set of attorneys, Jose Baez:
The legal fees are building up or are anticipated to be very high — hence the need to sell the NY apartments. As you recall Mark Nordlicht and associates are first facing a Criminal suit from the Federal Government and then following that case, the SEC wants to clawback $100 Million is management fees charged to clients of the failed Platinum Partners hedge fund (https://www.justice.gov/usao-edny/pr/platinum-partners-founder-and-chief-investment-officer-among-five-indicted-1-billion)
Guess it’s better to sell the apartments and spend the money on a legal defense then possibly lose the SEC trial and have the government take it.
Bottom line, a couple of lucky buyers may get a good deal on a high end condo in NYC!