Former Trump campaign manager may have to forfeit Bridgehampton home

TRD New York /
Nov.November 01, 2017 12:39 PM

One of the key figures at the center of the Trump-Russia inquiry, President Trump’s former campaign chairman Paul Manafort, may have to bid his Bridgehampton home goodbye if he’s convicted by the feds. Manafort, who was indicted Monday on 12 counts of money laundering and conspiracy against the U.S., may have to forfeit his 10-bedroom home at 174 Jobs Lane, according to Newsday. Manafort pleaded not guilty to charges that he used overseas shell companies to launder millions of dollars — funds which he used to buy homes and cars, among other luxuries. These expenses allegedly include $5.4 million to a Hamptons home improvement company and more than $820,000 to Hamptons landscapers, according to the report. Still, Southampton Town Supervisor Jay Schneiderman told Newsday, it is “not unheard of” to spend millions on home improvement and landscaping in the Hamptons. [Newsday]


Related Articles

arrow_forward_ios
Robert Futterman charged with DUI in Hamptons car crash

Robert Futterman charged with DUI in Hamptons car crash

Robert Futterman charged with DUI in Hamptons car crash
A new report finds that Hamptons prices skyrocketed as demand outpaced supply this year (iStock)

Report details Hamptons rental boom

Report details Hamptons rental boom
Ron Perelman and his estate in the Hamptons (Getty; Google Maps)

Ron Perelman mulls listing Hamptons estate for $180M

Ron Perelman mulls listing Hamptons estate for $180M
Renters continue their tri-state bookings, eliminating the post-Labor Day slowdown (iStock)

In Hamptons and elsewhere, season no longer ends on Labor Day

In Hamptons and elsewhere, season no longer ends on Labor Day
32 Windmill Lane and Andrew Saunders (Realtor)

Hefty prices, robust sales: Hamptons market thrives in Q2

Hefty prices, robust sales: Hamptons market thrives in Q2
Chopper ride-sharing services are seeing increased demand for Hamptons helicopter route as wealthy New Yorkers book commutes to Manhattan (Illustration by The Real Deal; iStock)

Chopper rides from Hamptons fly off the shelves as Covid changes plans

Chopper rides from Hamptons fly off the shelves as Covid changes plans
In the Hamptons, the median sales price hit $1,080,000, up 9 percent over the first quarter (iStock)

Home prices set new records as inventory falls across Long Island

Home prices set new records as inventory falls across Long Island
Corcoran's Pam Liebman and Bespoke's Cody and Zachary Vichinsky. Inset (clockwise from left) Zibby Schwarzman, Vera Wang, Barry Weiss, Mohammed Grimeh, and Ian Snow (Getty, Abana, Wikipedia Commons; Liebman by Sasha Maslov)

Corcoran exposes Bespoke’s little black book in Hamptons legal battle

Corcoran exposes Bespoke’s little black book in Hamptons legal battle
arrow_forward_ios

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

Loading...