Rosen’s Russian partner has controversial ties to Iranian nuclear threat

TRD New York /
Apr.April 09, 2012 01:30 PM

Only billion dollar New York real estate deals can bring together parties on opposite sides of an international nuclear battle. The New York Post reported that Jack Rosen’s new real estate investment partner, Mikhail Fridman, is suspected of funding the construction of Iran’s nuclear power plant through Alfa Bank, which he owns. Meanwhile, the Rosen Partners founder is head of both the American Jewish Congress and the Council of World’s Jewry.

Nevertheless, Rosen and Fridman have formed a $1 billion partnership to fund real estate transactions, and are currently contemplating investments in the condominium project at 56 Pine Street in Lower Manhattan, a townhouse development in New Jersey and other projects along the east coast of the United States.

When the Post questioned him about the partnership, Rosen said he hadn’t been aware of the connection and Fridman hadn’t informed him. But Rosen confronted Fridman afterwards and said he was satisfied with the explanation that Fridman wasn’t directly or knowingly involved.

Alfa Bank was one of several investors to provide financing to a Russian state-owned nuclear vendor that aids projects throughout Asia, including the one in Iran, according to the Post. [Post]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
78 Morton Street and 25 Columbus Avenue (Google Maps, Corcoran) 

Four townhouse deals boost Manhattan’s luxury market

Four townhouse deals boost Manhattan’s luxury market
Alexandria Real Estate Equities founder Joel Marcus and Alexandria Center for Life Sciences (Getty, Google Maps)

Life-sciences sector proves safe haven for landlords

Life-sciences sector proves safe haven for landlords
Sen. Michael Gianaris (Getty)

New York pols take aim at Opportunity Zones

New York pols take aim at Opportunity Zones
Gap Senior Director of Real Estate Jennifer Rondholz, Morgan Stanley Prime Property Fund head Scott Brown and 170 Broadway (Linkedin, Google Maps)

Lower Manhattan retail condo squeezed by lender as Gap refuses to pay rent

Lower Manhattan retail condo squeezed by lender as Gap refuses to pay rent
Agents see sales surge and New Yorkers escape to the suburbs (iStock)

New Yorkers reckon with the suburbs. And agents rejoice

New Yorkers reckon with the suburbs. And agents rejoice
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...