Trump Tower, Mueller reach deal over Manafort’s condo fees
Trump Tower’s condo board has made a deal with special counsel Robert Mueller’s office over who will pay Paul Manafort’s condo fees.
The situation, one of the more poetic conclusions to a Mueller case, arose because Manafort forfeited his apartment in Trump Tower in Manhattan as part of his conspiracy, foreign lobbying and money laundering guilty plea deal.
The former Trump campaign chairman loses the 1,500-square-foot Fifth Avenue condo, and it will be sold by the US Marshals Service, according to proposals filed in court.
UBS Bank, where Manafort had a $3 million mortgage on the property, will be repaid nearly in full after the sale. But the US government still has to pay for condominium charges Manafort owes and that are still incurring.
Much of Manafort’s assets have been locked down by the government during his arrest, and he has been in jail since June 2018. He’ll be sentenced for his crimes next month.
Manafort used his Trump Tower condo, with its two bedrooms and two-and-a-half baths, as a home base for years when he and his wife traveled to New York. That included during the campaign. His residence there was even part of his pitch to Donald Trump to hire him onto the 2016 campaign,