From adviser to adversary: A timeline of Floyd Mayweather’s relationship with Jona Rechnitz
A year ago Floyd Mayweather, Jr. stood onstage defending his former investment manager and confidante, Jona Rechnitz. “I trust Jona — not just 10 percent, 20 percent — 100 percent,” Mayweather told a crowd at The Real Deal’s 2025 New York City forum. Now Mayweather has launched a lawsuit against Rechnitz accusing him of fraud and diversion of $175 million. Mayweather’s partnership with Rechnitz, a convicted felon turned informant, raised eyebrows in the industry since Mayweather began his foray into New York City real estate in 2024. Rechnitz, who pleaded guilty to a corruption charge for bribing New York Police […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

“Freak accident”: Pfizer building developer denies risk of
collapse

Deal Diary: The $80K Deal That Turned Into a 24-Unit
Building

Policy Pro: HPD floats 421a rule change to keep more
projects alive

Meet the developers behind the Pfizer building
conversion

NYCHA plumber’s $465K payday sparks probe into outside
work

Michael Shabsels lists Westhampton home for $75K a
month

Buckling ex-Pfizer HQ hit with multiple DOB violations last
year

Namdar Group grabs additional financing in Jersey
City

Prana Investments’ NYC multifamily portfolio faces 14
foreclosure lawsuits

Vacant rent-stabilized apartment rate climbs despite
persistent housing shortage


