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New York

Rosabianca’s ruin: From a life as a rising NYC real estate attorney to jail

If convicted, he faces up to 25 years in prison for first-degree grand larceny

Luigi Rosabianca
Luigi Rosabianca (credit: Robert Caplin)

From the February issue: As a lawyer who specialized in brokering luxury property deals for foreign investors, Luigi Rosabianca rode the wave that propelled the New York City real estate market in the years following the recession.

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As property values climbed and wealthy buyers the world over clamored for high-end Manhattan condos, Rosabianca built a seemingly lucrative career.

He became a media darling, quoted frequently in publications like the New York Times, Wall Street Journal and even The Real Deal, as an expert on the buying strategies of rich and foreign buyers. [more]