Sapir Org slams Rotem Rosen with $100M lawsuit

Rosen, who was married to Zina Sapir and worked at the family firm, sued Sapir last year

TRD NATIONAL /
Jul.July 20, 2020 11:30 AM
Alex Sapir and Rotem Rosen (Getty, iStock)

Alex Sapir and Rotem Rosen (Getty, iStock)

A real estate family that worked with the Trump Organization in the mid aughts has filed a lawsuit against a former business partner, seeking at least $100 million in damages.

Alex Sapir, who is president and CEO of the Sapir Organization, alleges that Rotem Rosen worked to “siphon tens of millions of dollars, misappropriate proprietary information, and violate the contractual terms of his ouster from the Sapir family and its business,” Sapir’s lawyer told Bloomberg.

The lawsuit also alleges that while Rosen negotiated his exit from the company in 2017, Omer Rosen, his brother and the Sapir Organization’s general counsel, stole some 1,500 sensitive company documents.

An attorney for Rosen said the allegations were “untrue” and “a desperate attempt to distract from Rotem’s meritorious claims against the Sapir Estate,” referring to a suit the developer brought against the Sapir family last year.

Drama has swirled in the family since at least 2017 when Zina Sapir, sister to Alex and daughter of company founder and Soviet emigre Tamir Sapir, filed for divorce against Rosen.

It was the same year Alex tried, and failed, to take the company private — a task he recently succeeded at.

Zina and Rotem were married in 2007 at Trump’s Mar-a-Lago resort in Palm Beach, Florida, while Trump Soho — a collaborative project between the families — was under construction.

Tamir Sapir died in 2014, and Trump Soho was renamed the Dominick in 2017 after years of financial struggle.

Following the divorce, Rosen filed a $103 million lawsuit against Tamir Sapir’s estate, claiming he was owed compensation for deals prior to his exit from the company. [Bloomberg] — Orion Jones

 

Related Articles

arrow_forward_ios
Phil Collins, Orianne Collins, and 5800 North Bay Road (Credit: Tim Chapman/Getty Images, and John Parra/Getty Images)

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave
Harvey Hernandez and Cindy Diffenderfer (Patrick McMullan/Getty; iStock)

Harvey Hernandez’s former partner seeks to put NGD Homesharing in receivership

Harvey Hernandez’s former partner seeks to put NGD Homesharing in receivership
3187 Royal Road, Coconut Grove (Realtor)

Ransom Everglades sues developer Caroline Weiss over backyard boat dock

Ransom Everglades sues developer Caroline Weiss over backyard boat dock
Miami Beach Mayor Dan Gelber and 1531 Stillwater Drive (Getty, Zillow)

Miami Beach slashes fines for illegal short-term rentals

Miami Beach slashes fines for illegal short-term rentals
Deauville Beach Resort

Deauville Beach Resort loses court battle tied to $400K judgment

Deauville Beach Resort loses court battle tied to $400K judgment
2120 Bay Avenue (Realtor)

Renter who sought to ride out pandemic in Miami Beach home sues owner, brokerage over alleged filthy conditions

Renter who sought to ride out pandemic in Miami Beach home sues owner, brokerage over alleged filthy conditions
The DoubleTree at 10250 Northwest 19th Street and Larry Beame (Credit: Google Maps)

Doral DoubleTree owner sues architect for $4M, alleging design errors

Doral DoubleTree owner sues architect for $4M, alleging design errors
Richard Chera of Crown Acquisitions, 947 Lincoln Road rendering

Lincoln Road landlord seeks $32M following court victory over Walgreens

Lincoln Road landlord seeks $32M following court victory over Walgreens
arrow_forward_ios

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

Loading...