There’s one thing you can say for Hassan Nemazee, the Iranian-American investment banker who plead guilty to a $292 million bank fraud: he certainly knew how to spend it.
Nemazee certainly spared no expense when it came to his 15-room terraced duplex apartment on the 14th and 15th floors of 770 Park Avenue. Twenty-eight windows span three exposures, and the co-op has a 29-foot living room overlooking Park Avenue and a 20-foot living room adjacent (both with wood burning fireplaces and herringbone wood floors, of course). When the U.S. Marshals listed it for $28 million last March, it was the highest-priced forfeited asset that they’d ever put up for sale.
–The Tribeca home of convicted Ponzi schemer Hassan Nemazee has sold for $3.15 million. The millionaire Iranian investment banker bought the unit at 101 Warren Street for just over $3 million in better times. It was actually one of two apartments occupied by Mr. Nemazee’s kids, who were given two weeks to pack their things in Read More
The New York donor community has been dealt its second shock of the year.
the U.S. Attorney for the Southern District of New York. Bharara recently left his job as senior legal aide to Chuck Schumer, who was close to Nemazee and was a recipient of his donations.
Nemazee Read More
Terry McAuliffe has attended many fund-raisers at the Park Avenue apartment of influential Democratic bundler Hassan Nemazee.
But last week he was there for the first time as a candidate. On the night of Jan. 22, McAuliffe, the former chairman of the DNC, voluble longtime Clinton fund-raiser and now candidate for governor of Read More
On Sunday, Page Six Magazine published a piece about New York powerfuls using their children as "money mules" for political donations–which means that the parents are donating money under their kids’ names when the parents have reached the limit for political contributions.
The implication is that these students and/or unemployed socialites Read More
With just over two months to go before Election Day and after months of hard feelings, a handful of phone calls, and fitful, uncomfortable contact between respective staffs, Barack Obama paid a visit to Bill Clinton’s Harlem office today, where the former president said he would hit the trail for the Democratic nominee.
"Would Read More
Hillary Clinton held a private meeting for supporters last night at Cipriani’s, thanking them for their help during the primary.
Introduced by Senator Chuck Schumer, who spoke about local issues in Mount Vernon and Westchester County, Clinton addressed key supporters, including Hassan Nemazee, Alan Patricof, and Fred Hochberg, and elected officials like Tom DiNapoli Read More
Donors to Barack Obama expect his campaign to raise just over $30 million in June, according to The Wall Street Journal.
Even if that estimate is a tactial lowball, the number is well below the astronomical figures reported during the primary. And when contrasted with the $22 million June haul the Read More
The Obama campaign is in town to rally its fund-raisers and create new ones. Obama senior strategist David Axelrod is here for two meetings with the campaign’s fund-raisers, reported yesterday in the New York Post, at which the Obama finance people have been encouraged to show up with friends who are Clinton supporters. Read More
I just asked Hillary Clinton’s finance chair Hassan Nemazee about accounts from other Clinton donors of Obama bundlers contacting them about the possibility of coming over to the campaign.
"There is only one instance that I know of in which a Clinton donor went over to the Obama campaign," said Nemazee. "I remain Read More