Rudy Giuliani needs Florida condo for podcast, but doesn't need to sell

usa news

by priscilla degregory

Rudy Giuliani says he shouldn't be forced to sell his $3.5 million Florida mansion in a bankruptcy case. That's because he will need a place to record his podcast once his Manhattan apartment is sold, court documents show.

The embattled former New York City mayor filed papers Thursday opposing a creditor group's bid to recover debts in a Chapter 11 bankruptcy case, specifically seeking to sell his Palm Beach pad. asked to be forced to do something.

Mr. Giuliani's legal team says he is selling his apartment on East 66th Street in Manhattan and plans to move full time to his home in the Sunshine State. Mr. Giuliani plans to use it to “increase broadcast revenue,” according to documents filed in Manhattan. Bankruptcy court by his attorney.

The filing, first reported by Law & Crime, said it would also save money, since the company would no longer have to pay rent for studio space for its radio shows and podcasts.

The former Heizner's only sources of income are his Social Security benefits and money from the show, his lawyer said.

Meanwhile, Mr. Giuliani, 79, faces a mountain of debt, including a massive $148 million civil judgment that a jury ordered him to pay to two former Georgia election officials.

Mr. Giuliani was found guilty of defaming mother and daughter Ruby Freeman and Shay Moss, accusing them of fraudulent voting during the 2020 presidential election in Fulton County.

Giuliani, once known as “America's Mayor” for his response to the Sept. 11, 2001, terrorist attacks, takes the decision as he has a chance to win his appeal of the sentence, or at least get a significant reduction in his sentence. It would be “premature,” he said. Sell ​​his house in Palm Beach now.

“Apparently the committee [on Unsecured Creditors] It assumes that most, if not all, of the Freeman decisions will survive on appeal and is proceeding with the trial as if all of the decisions had been made. [Giuliani’s] “It is necessary to liquidate assets now in order to satisfy potentially inflated claims,” ​​court documents state.

But Giuliani “could suffer irreparable harm if his Florida mansion were sold and it was later determined that the Freeman decision was invalidated,” the filing alleges.

A group of creditors alleges that Mr. Giuliani has exercised “reckless abandon and poor judgment” in trying to keep the Palm Beach property.

Mr. Giuliani's lawyers countered that his client had a “legitimate business reason” to hold the property.

The lawyers also noted that Giuliani's Big Apple pad will soon be listed at Sotheby's for $5 million, which will “significantly” reduce his monthly expenses.

In February, Giuliani claimed in his bankruptcy case that the Trump campaign and Republican National Committee still owe $2 million in legal fees for their efforts to challenge Donald Trump's election loss.

Giuliani is facing criminal charges along with the former president for allegedly trying to overturn the 2020 election results in the Peach State.