Rudy Giuliani's financial troubles persist and new reporting claims that the former "America's Mayor" might have his Palm Beach condo foreclosed on due to unpaid taxes.
The Palm Beach Post reports that the failure to pay property taxes could result in Giuliani losing his beach-side home. Giuliani owes more than $84,000, the report explained, and a firm has already purchased the tax sale certificates to proceed with foreclosure in the spring of 2024.
The address is 315 S. Lake Drive, #5D, in Palm Beach, and Zillow records show that the condo was purchased last in 2010 for $1.4 million, and the site shows its estimated value at more than $4 million. The building boasts "mid-century modern art deco" features and brags "5-star services."
ALSO READ: Accused felon Rudy Giuliani praises The Citadel for letting him keep honorary degree
Giuliani is fighting with financial issues as his lawyers' fees mount over various lawsuits and indictments related to his efforts to overturn the 2020 election. In fact, some of his lawyers have already resigned due to lack of payment.
The condo was put up for sale in 2019, the Palm Beach Daily News reported then. Giuliani was embroiled in a divorce, but it apparently didn't sell.
"The two-bedroom apartment has 2,280 square feet of total living space, of which 1,944 is under air conditioning, according to the listing prepared by agents J. Ronnie and Jennifer Hasozbek-Garcia of Waterfront Properties and Club Communities in Palm Beach," said the report at the time. The Redfin listing of the property says that it has three bedrooms and two bathrooms and shows photos prior to a renovation.
Details in the structure include an "oversized balcony," along with a large living area, spa-like marble bath, and "kitchen equipped with top-of-the-line appliances."
It's just another problem for Giuliani as he struggles with $500,000 in unpaid federal taxes, Forbes reported Monday. The IRS also put a lien on the Palm Beach condo.
Giuliani also owes $236,000 in a defamation case after he invented a story about election workers in Georgia.
He also put his three-bedroom home on the Upper East Side of Manhattan up for sale for $6.5 million.
Donald Trump refused to pay Giuliani's legal fees, but hosted a fundraiser for him at his Bedminster golf club.
Leave a Comment
Related Post