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Convicted Fraudster Hassan Nemazee's Super Opulent Park Avenue Apartment Sold For $18 Million
Convicted Fraudster Hassan Nemazee's Super Opulent Park Avenue Apartment Sold For $18 Million
Linette LopezMar 22, 2013, 01:44 IST
The house of convicted fraudster Hassan Nemazee just sold for $18 million, reports The Real Deal.It was on sale for $19.5 million. Namazee, Iranian-American investment banker, plead guilty to a $292 million bank fraud and used the cash to finance his lavish lifestyle including this luxury duplex at 770 Park Avenue. According to the Real Estalker, the traditionally-decorated palace includes three exposures, 28 windows, and two terraces. It was originally listed at $28 million in March 2011.Michael Kaplan also contributed to the reporting of this story.
