The Real Deal New York

Government plans to seize Manafort’s Hamptons home, Trump Tower condo in two weeks

The government intends to take control of the two properties on Oct. 20 at the earliest
October 06, 2018 03:30PM

Paul Manafort. (Credit: Achim Hepp, Getty)

The federal government has started the process of seizing two of Paul Manafort’s New York properties.

The former Trump campaign chair negotiated forfeiting five properties as part of a plea deal with special counsel Robert Mueller’s office in September. Yesterday, prosecutors filed documents to allow the government to take possession of two of the residences, as the Associated Press reported.

The government will assume control of Manafort’s condo in Trump Tower and his home in the Hamptons as early as October 20. Manafort sacrificed the condo for the contents of one of his bank accounts.

Manafort is now cooperating with Mueller’s investigation in exchange for lesser chargers. He pleaded guilty to one charge of conspiracy and another of conspiracy to obstruct justice. He retained about $6 million in real estate holdings, notably his estate in Virginia. [AP]–Erin Hudson