Huberfeld Family Grantmaking Foundation, $37M in Assets, $3M Granted in 2015 – Not Particularly Generous

The following represents one summary of the Huberfeld Family Foundation (a grantmaking organization) by the numbers. Important points are outlined in red. We did not delve into the individual grants because the totals make our point:

The foundation earned more than it granted. Salary and compensation may have been included in the money listed as “granted.” This is not overwhelming generosity.

This foundation is one of many family foundations and businesses in which Huberfeld has his hands.  

Nonprofit Explorer

Research Tax-Exempt Organizations

HUBERFELD FAMILY FOUNDATION INC

15 MANOR LN, LAWRENCE, NY 11559-1503 | TAX-EXEMPT SINCE JULY 1997

  • EIN: 13-4042543
  • Classification (NTEE)
    Private Grantmaking Foundations (Philanthropy, Voluntarism and Grantmaking Foundations)
  • Nonprofit Tax Code Designation: 501(c)(3)
    Defined as: Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.
  • Donations to this organization are tax deductible.
  • More Resources: ArrowGuideStar

Tax Filings by Year

The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. Read the IRS instructions for 990 forms.

If this organization has filed an amended return, it may not be reflected in the data below. Duplicated download links may be due to resubmissions or amendments to an organization’s original return.

If you would like to download Form 990 document PDFs in bulk, the Internet Archive operates a mirror of the original bulk data.

FISCAL YEAR ENDING DEC.

2016

Full Text

990PF ▾         
Accounting Fees Schedule
Form 990PF
Investments – other schedule
Investments Corporate Stock Schedule
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule
Other Liabilities Schedule
Other notes/Loans receivable long schedule
Other notes/Loans receivable short schedule
Substantial Contributors Schedule
Taxes Schedule         

Raw XML

990PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

FISCAL YEAR ENDING DEC.

2015

PDF

990-PF

Full Text

990PF ▾         
Accounting Fees Schedule
Form 990, Schedule B
Form 990PF
Investments – other schedule
Investments Corporate Stock Schedule
Other Assets Schedule
Other Expenses Schedule
Other Liabilities Schedule
Other notes/Loans receivable long schedule
Substantial Contributors Schedule
Taxes Schedule         

Raw XML

990PF

Total Revenue

$3,288,212

Total Expenses $3,126,127
Notable sources of revenue Percent of total revenue
Contributions received $1,925,025 58.5%
Interest revenue $57,400 1.7%
Dividends $1,239,636 37.7%
Sales of assets $0
Other income $0
Notable expenses Percent of total expenses*
Charitable disbursements $3,013,514 96.4%
Compensation of officers* $120,000 3.8%
Other
Total Assets $37,599,809
Total Liabilities $2,660
* Officer compensation may be included in charitable disbursements, so values may add up to greater than 100%.
FISCAL YEAR ENDING DEC.

2014

PDF

990-PF

Full Text

990PF ▾         
Accounting Fees Schedule
Form 990, Schedule B
Form 990PF
Investments – other schedule
Investments Corporate Stock Schedule
Legal Fees Schedule
Other Expenses Schedule
Other Income Schedule
Other Liabilities Schedule
Other notes/Loans receivable long schedule
Substantial Contributors Schedule
Taxes Schedule         

Raw XML

990PF

Total Revenue

$5,911,821

Total Expenses $1,629,938
Notable sources of revenue Percent of total revenue
Contributions received $3,567,500 60.3%
Interest revenue $62,349 1.1%
Dividends $925,875 15.7%
Sales of assets $744,005 12.6%
Other income $612,092 10.4%
Notable expenses Percent of total expenses*
Charitable disbursements $1,522,214 93.4%
Compensation of officers* $60,000 3.7%
Other
Total Assets $37,450,854
Total Liabilities $15,790
* Officer compensation may be included in charitable disbursements, so values may add up to greater than 100%.
FISCAL YEAR ENDING DEC.

2013

PDF

990-PF

Full Text

990PF ▾         
Accounting Fees Schedule
Form 990, Schedule B
Form 990PF
Investments – other schedule
Investments Corporate Stock Schedule
Other Assets Schedule
Other Expenses Schedule
Other Liabilities Schedule
Other notes/Loans receivable long schedule
Substantial Contributors Schedule
Taxes Schedule         

Raw XML

990PF

Total Revenue

$4,046,313

Total Expenses $3,177,897
Notable sources of revenue Percent of total revenue
Contributions received $2,400,000 59.3%
Interest revenue $56,643 1.4%
Dividends $1,249,885 30.9%
Sales of assets $339,785 8.4%
Other income $0
Notable expenses Percent of total expenses*
Charitable disbursements $3,109,731 97.9%
Compensation of officers* $0
Other
Total Assets $33,156,518
Total Liabilities $3,337
* Officer compensation may be included in charitable disbursements, so values may add up to greater than 100%.
FISCAL YEAR ENDING DEC.

2012

PDF

990-PF

Raw XML

990PF

Total Revenue

$3,620,282

Total Expenses $2,710,406
Notable sources of revenue Percent of total revenue
Contributions received $2,233,333 61.7%
Interest revenue $96,242 2.7%
Dividends $1,189,423 32.9%
Sales of assets $101,284 2.8%
Other income $0
Notable expenses Percent of total expenses*
Charitable disbursements $2,559,267 94.4%
Compensation of officers* $0
Other
Total Assets $32,287,425
Total Liabilities $2,660
* Officer compensation may be included in charitable disbursements, so values may add up to greater than 100%.
FISCAL YEAR ENDING DEC.

2011

PDF

990-PF

Raw XML

990PF

Total Revenue

$7,044,355

Total Expenses $2,874,065
Notable sources of revenue Percent of total revenue
Contributions received $1,725,000 24.5%
Interest revenue $112,620 1.6%
Dividends $728,936 10.3%
Sales of assets $4,477,799 63.6%
Other income $0
Notable expenses Percent of total expenses*
Charitable disbursements $2,744,486 95.5%
Compensation of officers* $0
Other
Total Assets $31,446,200
Total Liabilities $111,311
* Officer compensation may be included in charitable disbursements, so values may add up to greater than 100%.
FISCAL YEAR ENDING DEC.

2010

PDF

990-PF

Raw XML

990PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

FISCAL YEAR ENDING DEC.

2009

PDF

990-PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

FISCAL YEAR ENDING DEC.

2008

PDF

990-PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

FISCAL YEAR ENDING DEC.

2007

PDF

990-PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

FISCAL YEAR ENDING DEC.

2006

PDF

990-PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

FISCAL YEAR ENDING DEC.

2005

PDF

990-PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

FISCAL YEAR ENDING DEC.

2004

PDF

990-PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

FISCAL YEAR ENDING DEC.

2003

PDF

990-PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

FISCAL YEAR ENDING DEC.

2002

PDF

990-PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

FISCAL YEAR ENDING DEC.

2001

PDF

990-PF

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

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Nonprofit Explorer includes summary data for nonprofit tax returns and PDFs of full Form 990 documents.

The summary data contains information processed by the IRS during the 2012-2017 calendar years; this generally consists of filings for the 2011-2016 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs of full Form 990 documents wherever possible. This consists of a separate release by the IRS of Form 990 documents processed by the agency through June 2016; these documents may contain filings as recent as the 2015 fiscal year.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N “e-Postcard.”

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If We Judge Our Criminals by the Charities to Which they Donate, Perhaps Madoff Should not be Sitting in Prison – Huberfeld?

11-175 2012-03-28 viridian response to staff inquiry of affiliate status
10-252 2012-04-17 comment-m petras
huberfeld
UPDATED: 1.22.19

The Huberfeld 45 Pages of Fluff and Madoff’s Charities

We begin with a preface. We have been accused of having a “vendetta” against Murray Huberfeld. We do not know him personally, have no reason to have a “vendetta” and find that assertion to be absurd. Our comments come not from malice but from a desire for justice, justice for all of those who have lost over the years at the hands of Murray Huberfeld and his various partnerships.

We feel that anyone who commits a crime against another, who deprives others of property, integrity, hard-earned money, trust, confidence and peace of mind deserves to be exposed and punished. We believe that the integrity of Judaism depends upon the honesty of its overtly practicing members. those like Murray Huberfeld who hold themselves out there as examples of spiritual enlightenment. We believe that the reliability of our financial systems and legal regulatory entities hinges on its enforceability and enforcement; and we steadfastly hold that the worldview of Judaism depends upon the integrity of its members and Jewish run enterprises, upon the honesty and transparency of their leaders.

That’s where Murray Huberfeld and Platinum Partners, along with all of its executives and co-conspirators comes in.

Despite what his friends and family may contrive in their own collective or individual consciousness, Platinum investors relied on the Huberfeld run funds, particularly Platinum and its historic returns.  Whether that was out of stupidity or naivete, we cannot say. Many people put their savings into Platinum, and placed their trust into the names behind it, which included Huberfeld’s name and quite frankly the names of his friends. He used them as references, shows of good-faith and good-will.  He betrayed his friends, along with his investors, each and every one of them.

Huberfeld’s friends and family can stand behind him, an admirable trait on their part, as did those of Madoff. We see little difference between the two. In fact, Madoff’s Ponzi scheme was vast in the totality of its financial numbers because it spanned unnoticed for so many years. However, contrary to Huberfeld, Madoff seems to have spent his early years as an honest businessman, someone who was trusted  and trustworthy. Madoff passed his SEC licensing exams to go on and be the chairman of NASDAQ. That he then used that influence to create goodwill and trust, which was then instrumental to the ease with which he was able to bilk investors is tragic. He was an old-school genius. People who knew him in his early years referred to him as a mensch, the old-school version, not one cloaked in a kipa, ultra-religious organizations and quasi religious worldviews. He did not couch his business in G-d, nor did he ask for leniency by citing religious enlightenment. While Madoff was just as much a Jew as Huberfeld, he is to date far less the hypocrite. How Madoff’s sense of the ethical codes of business flipped is a question we continue to ask. We are still looking for Huberfeld’s business morality which appears nowhere obvious in his historical rise.

We do not believe, an opinion based upon years of research and reports, that Huberfeld earned an honest dollar in all of the years since Kosher Delight.  Nor cam we ascribe to the belief that a criminal can be judged by the charities to which he gives; unless perhaps he, himself, lives a pauper’s life post “remorse.” Madoff’s charitable giving means nothing when ultimately it came and may now continue to be coming from money he stole, whether directly or indirectly, from his investors.  Similarly, Murray Huberfeld’s charitable giving is meaningless if it comes at the expense of those who were deprived of their money, their trust, their livelihoods, pension funds, their families’ futures, need we say more?

Murray Huberfeld’s returns to his COBA victims is a slap in the face to each and every one of his victims over the years; and it amounts to a pittance compared to the money in family trusts, both his own and those shared with other families including the Bodner family. And in reality, given his exposure and his admissions, we cannot seem to match the return of COBA funds with the crime to which he admitted. Was he complicit in defrauding COBA? Was he a conspirator in the Platinum fraud? Both the 45 pages from his lawyers waxing poetic about him and the $7M he has agreed to return seem to speak to a different crime than that to which he admitted. We are a bit perplexed.

But we digress. Were Huberfeld to feel true remorse, he would be returning ALL of the money owed to COBA, amounting to upwards of $19M; and he would be returning the money lost to Platinum’s investors. He would not be trying to apportion blame or to claim lack of knowledge to the well-executed scam that Platinum was perpetrating. Remorse means returning money lost to investors in Platinum entities. His hands were sullied by those schemes over the years. His victims deserve compensation and retribution; and he deserves punishment.

To his attorneys who so very eloquently set forth as an characteristic of his kindness his care of his parents, we say anyone with decency should care for his parents. To his attorneys who look to Kosher Delight, Sha’are Tzedek and the other charities to which he has given for a salve to wash his hands, we say that these were endeavors intended to provide a cover. To his attorneys who quoted the people he has helped with letters and videos (likely all with the dirty money he amassed) we present these two question: a) are the convicted felons in that list of supporters really credible and 2) should Madoff’s charities not have similarly been considered in reducing his sentence? 

The following is a list of charities that in 2010 were beneficiaries of Madoff’s “philanthropy.” We stand by how much we hate that word. It represents in so many contexts nothing more than hypocrisy.

Madoff also made large donations to charity like Amway

Shyam
Naive young Trivedi seems to think that giving money to good causes is a mark of honesty. The following is just part of a list of donations made by Bernie Madoff and his wife to numerous charities in the 10 years prior to his arrest.Name of Donor —- Minimum Confirmed Amount—— Recipient Name —-Year
Bernard L. Madoff—— $2,500—–American Liver Foundation-2003-2003
Ruth and Bernard L. Madoff $10,000 Brandeis University

National Women`s Committee 1999-2000
Bernard L. and Ruth
Madoff Foundation $10,000 Center for Jewish History 2006-2006
Ruth and Bernard L. Madoff $10,000 City Harvest 2005-2006
Bernard L. Madoff $10,000 Educational Broadcasting
Corporation 2006-2007
Mr. and Mrs. Bernard L. Madoff$10,000 Fountain House 2005-2006
Ruth and Bernard L. Madoff $25,000 Girls Inc. 2005-2006
Ruth and Bernard Madoff $2,500 Global Camps Africa 2007-2007
Mr. and Mrs. Bernard L.Madoff $5,000 God`s Love We Deliver 2004-2004
Ruth and Bernard Madoff $10,000 Hillel Foundation for
Jewish Campus Life 2006-2007
Ruth and Bernard Madoff $10,000 Hofstra University 2005-2006
Ruth and Bernard Madoff $1,000 Jewish Federation of
Palm Beach County 2006-2007
Ruth & Bernard L. Madoff $10,000 Learning Leaders 2004-2005
Bernard L. Madoff
Investment Securities LLC $5,000 Lower East Side Name
Tenement Museum 2006-2006
The Madoff Family Foundation $1,000,000 Lymphoma Research
Foundation 2007-2007
Bernard L. Madoff $40,000 Metropolitan Museumof Art 2007-2008
Bernard L. Madoff $2,500 Museum of Name
ModernArt (MOMA) 2005-2006
The Bernard L. and Ruth
Madoff Foundation $25,000 New York Public Library 2002-2002
Ruth and Bernard L. Madoff $10,000 New York University,
Harris Obesity Prevention
Effort (HOPE) 2007-2007
Mr. and Mrs. Bernard Madoff $1,000 North Shore – Long Island
Jewish Health System 2003-2003
Bernard L. Madoff Investment
Securities $10,000 Pace University 2002-2003
Bernard Madoff $250 Police Athletic League
of New York 2001-2002 Bernard L. Madoff $25,000 Prostate Cancer Foundation 2007-2007 Bernard L. & Ruth
Alpern Madoff `61 $25,000 Queens College , City
University of New York 2006-2007
Bernard L. Madoff $5,000 Ronald McDonald House
of New York, Inc. 2007-2007
Ruth and Bernard Madoff $1,500 Wildlife Conservation Society 2006-2007

It is also interesting to note, that (exactly as in the case of Bernie Madoff) any money given by the ‘Amway’ mob to charity, has actually first come from the victims of a fraud.
David Brear

Michael Petras, a Platinum Whistle-Blower – Huberfeld, Glacial, Viridian, FERC and Fraud

10-252 2012-04-17 comment-m petras

11-175 2012-03-28 viridian response to staff inquiry of affiliate status

Murray Huberfeld and his Platinum Partners Should not be Permitted to Get off Easy…. They’ve Screwed Enough People Already – The Regulatory Ponzi

This is yet another response to the wholly misleading 45 pages of fluff submitted by Murray Huberfeld’s attorneys on his behalf in an effort obtain a reduced sentence. It is yet another example of Huberfeld’s shrewdness and frankly his somewhat challenged moral compass. More importantly, it illustrates that this last scheme was not an isolated incident but rather one in a long string of frauds perpetrated on the public, government institutions, the courts, regulators, individuals and investors. How many victims must there be before he gets locked up? 

In 2011/2012 Michael Petras outlined and reported in intricate detail a fraud being perpetrated on the Federal Energy Regulatory Commission. The PDF’s attached provide information. We hope that the judge entrusted with this decision will have the opportunity to read this information.

We ask that you share these posts as many times as possible. It is being respectfully submitted to you, our readers, and to those law enforcement who may see this who are responsible for the integrity of corporations and their investors.

In a Bid For Leniency Huberfeld, a Serial Fraudster, Has been Going on a Dina D’Malkhusa Dina Speaking Tour

 “He has taught us about Dina D’Malkhusa Dina: the law of the land is the land”

Should Murray Huberfeld, an extraordinarily wealthy investment manager, a skilled financier, an adroit con-man, orthodox Jew and alleged “philanthropist” not have known that “the law of the land is the land” already?

We have included the relevant 4 pages of the 45 page “aid in sentencing“.  We could go on and on with comments that cannot quite adequately express how troubling we find the entirety of that 45 pages.

Suffice it to say, if Huberfeld did not already know that the law of the land is the land,  even a cell with Madoff is a generous outcome.

We wonder when the authorities will stumble on FERC and hold Huberfeld and Platinum’s dizzying number of subsidiaries in the gas business, many of which were positioned solely to defraud FERC, liable for those offenses. This is all just smoke and mirrors.

Huberfeld could sell snow to a snowman and this entire show is nothing short of chilling.

huberfeld_page_1huberfeld_page_2huberfeld_page_3huberfeld_page_4

Murray Huberfeld and a Platinum Laden 45 Pages, He Should be Sharing a Cell with Madoff, Not Given Leniency

huberfeld submission 7 million restitution_page_01
huberfeld, submission, 7 million restitution

Respectfully Submitted, Platinum Was a Ponzi Scheme and Huberfeld is a Serial Fraudster, a Pattern and Practice that Began in the 90’s

https://www.sec.gov/litigation/litreleases/lr15826.txt

We began reporting on Murray Huberfeld and his involvement with the Platinum Partners fraud in 2016. He defrauded investors, full stop. He defrauded a pension fund, COBA. His willingness to repay $7M back to COBA, as set forth in the 45 page call for leniency by his attorneys, is not an act of generosity. In fact, it is a slap on the wrist for someone who has turned defrauding investors, siphoning off money and then starting again into an art form. He admitted to a very minor offense in comparison to what charges could have been served. Moreover, we think the repayment to COBA may very well represent an admission to a different crime. He does not seem to have admitted to defrauding the COBA investors.

The above is a link to the 45 page submission provided by Mr. Huberfeld’s attorneys to the Judge in his sentencing hearing. It makes for nauseating reading, and that is being quite kind. It includes pages and pages of statements by family and friends. It is worth noting that at least two of those friends, included in the myriad of support he received, are convicted felons. If we are defined by the company we keep?

The sprawling display of creative lawyering speaks of apologies and humility and the unusual circumstances of this particular fraud. What made this one different? Murray Huberfeld got caught. He should be punished for a pattern and practice of criminal behavior, one that has defined his life, at least since the 90’s. Murray Huberfled should not be rewarded for his hollow attempts at restitution and alleged quasi-generosity.

He is not living a life of “tsinius” by any means.

Like the others in his litany of Madoff-like Ponzi schemes, he will likely escape unscathed, only to begin another. Contrary to comments by his attorneys, Marty Huberfeld is a criminal mastermind. He is a brilliant architect of intricate schemes. He is well versed in energy regulatory structures, diamond mining, real estate, healthcare and nursing homes. The man is not the naive fool as alleged by his attorneys. Quite the contrary. Well crafted fraudulent schemes are his modus operandi. Platinum partners was just one in a non-exhausted serial of enterprises: Broad, Centrion, Viridian, Black Elk, COBA, and the list goes on and on and on. 

Make no mistake, Murray Huberfeld is no Robin Hood and, contrary to the eloquence of his attorneys, he does not have integrity sweating from his pores as that 45 pages would have us believe. He has used charity to provide the cover of philanthropy and altruism; and we would argue, to launder money. Whatever financial benefit he has given away has not been based upon altruism and bleeding heart generosity. It has been a ruse to cover up behavior far darker, a serial pattern and practice of fraud and lies.

Sadly, Mr. Huberfeld’s plea by his attorneys includes letters and statements, testaments of beneficiaries of Huberfeld’s supposed generosity. He is supported by his friends and family which include other convicted felons. His attorneys have painted a picture of unicorns and rainbows; and it is all remarkably ill-gotten.   

We ask: what about his victims? Do they not matter? What about the family fortunes and lives ruined by his crimes? What about government institutions, the SEC, the tax authorities, the Federal Energy Regulatory Commission, the laws of the land? They have been and continue to be demeaned and disgraced by his actions? Are those to be ignored because one life ruined is outweighed by the 45 pages of fluff provided by his attorneys? 

Those 45 pages are insultingly absent the clarify that Mr. Huberfeld is a serial fraudster. He began in the 1990’s by paying someone else to sit for his SEC licensing exams. He was given a pass, one which paved the way for him to perfect his ability to outwit law enforcement. That should not go unnoticed. We contend that if the past speaks to the future it will not end here.

Murray Huberfeld would not be truly sorry for the depth of the damage he has caused, not only to individual investors, the victims of each of his schemes, but to the integrity of the markets, unless he were given the harshest possible sentence.

We hope the Judge in the case has the moral fortitude and good sense to do just that, to overlook the statements of his supposed beneficiaries, those who were afforded nothing more than the benefits of dirty money, and to finally give him more than a simple slap on the wrist.  

 

 

ADDITIONAL READING:

https://www.haaretz.com/us-news/.premium-jewish-hedge-fund-execs-charged-in-1-billion-ponzi-scheme-1.5477337

scores-obstfeld-grin-and-more

https://www.institutionalinvestor.com/article/b150xwhg75tcth/platinum-to-manage-centurion-fund

 

Nordlicht and Huberfeld Dumping Properties – if the SEC is going to get it, Let’s Spend it First

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. 

For More InformationAre you ready to tour 535 West End Avenue?Contact

Key Details

  • Condominium
  • Built in 2009
  • 29 Apartments
  • 20 Floors
$2,293

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:
https://www.cityrealty.com/nyc/riverside-dr-west-end-ave/535-west-end-avenue/6164

The first apartment is owned by Laura Huberfeld — Wife of Murry Huberfeld of Platinum Partners and the Seabrook bribery case:
http://www.city-data.com/ny-properties/assessments/Manhattan/W/West-End-Avenue-89.html

The second apartment is owned by Mark Nordlicht of Platinum Partners — but it’s in a holding corp:
http://www.city-data.com/ny-properties/assessments/Manhattan/W/West-End-Avenue-90.html

Other Info
Mark Nordlicht sold his Bal Harbour Condo last year for close to $8M:
https://therealdeal.com/miami/2017/05/22/wife-of-alleged-hedge-fund-fraudster-sells-bal-harbour-condo-for-7-85m/

As of this past December, Mark Nordlicht and other Platinum executives had ‘exhausted’ at least $10 Million on their defense:
https://law.justia.com/cases/new-york/other-courts/2017/2017-ny-slip-op-32728-u.html

Mark Nordlicht just switched to his third (?) set of attorneys, Jose Baez:
https://www.law360.com/articles/1056757/platinum-boss-parts-with-quinn-emanuel-adds-celeb-lawyer

Our speculation:

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!