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As HFZ Capital began to run into trouble with its twisting XI condo project in Chelsea, an investor alleges the company fraudulently diverted funds from another deal to keep it afloat
�� Good Wednesday morning! President Joe Biden spoke with United Arab Emirates Crown Prince Mohamed bin Zayed yesterday. The White House said Biden “underlined the strategic importance of the normalization of relations between the United Arab Emirates and Israel,” noting his “full support for strengthening and expanding these arrangements.” Jared Kushner is launching an organization called the “Abraham Accords Institute of Peace,” aimed at deepening ties between Israel and the UAE, Bahrain, Sudan and Morocco, together with Avi Berkowitz, Haim Saban, UAE Ambassador Yousef Al...
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Comments Maddie Meyer/Getty Images New England Patriots owner Robert Kraft has added to his extensive portfolio with a new mansion in the Hamptons. Wall Street Journal, Kraft bought the 7,000-square-foot house in Southampton, New York for $43 million. Clarke noted the sale price represents a $32.5 million profit for the seller, who originally purchased the site for $10.5 million in 2013. The mansion was built in 2017 by real estate mogul Nir Meir and includes a pitched roof, large square windows and an oceanfront pool. Per Jesse Pantuosco of Audacy, the house also has 10 bedrooms a...
Patriots' owner, billionaire Bob Kraft. Photo: File New England Patriots owner Bob Kraft has reportedly purchased a swanky beach house — not in New England. “Kraft has bought a tony Hamptons property in an off-market deal for $43 million, according to two people familiar with the deal,” reported the Wall Street Journal Tuesday morning. “The transaction is one of the largest to close in the wealthy beach destination so far this year.” “The property is on Meadow Lane in Southampton, N.Y., among some of the most expensive properties on Long Island,” the WSJ continued. “Other Me...