Bankrupt Rudy Giuliani's "pot of gold" may be his prized Palm Beach condo.
Creditors say they want to sell the pad, but have so far been rebuffed by the former New York City mayor.
"Accordingly, the Committee respectfully requests that this Court compel [Giuliani] to take all necessary steps to sell the Florida Condo and obtain homeowners insurance in order to preserve and protect estate resources and abide by his duty to maximize the value of the estate for the benefit of his creditors," according to court papers filed on Friday in New York's Bankruptcy Court and first reported by Politico's Kyle Cheney.
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It appears to be the same property that was placed under a $549,435.26 federal tax lien by the IRS.
Giuliani filed for Chapter 11 protection soon after a Fulton County jury awarded $148 million to mother-daughter Georgia election workers Shaye Moss and Ruby Freeman for the reputational and emotional harm they claim they endured when Giuliani publicly assassinated their character by making bogus accusations that they were fraudulently amassing votes to benefit Biden against Trump in the 2020 presidential election.
Creditors suggest they're being stonewalled to add the Florida home to the collection offerings which also include a $25,000 Mercedes-Benz SL500, a signed Joe DiMaggio shirt and Reggie Jackson photo - unknown, three New York Yankees World Series rings worth $30,000, and over $1.4 million in retirement accounts.
"On several occasions, [Giuliani] has emphasized his limited assets available for distribution to creditors—according to the [his] counsel, 'there’s no pot of gold at the end of the rainbow.'"
"Of this purported limited pool of assets disclosed by [Giuliani], the Florida Condo is a key asset, and the proceeds thereof will be available to satisfy the claims of his creditors."
They accuse Giuliani of making "no effort to monetize this nonexempt property of the estate."
