• Floyd Mayweather hits Jona Rechnitz with fraud lawsuit,
alleges diversion of $175M,
The Real Deal

    Floyd Mayweather hits Jona Rechnitz with fraud lawsuit, alleges diversion of $175M

    Floyd Mayweather Jr. is suing his scandal-plagued former buddy and investment manager Jona Rechnitz, claiming Rechnitz gained his trust and then diverted $175 million from the champion boxer. Mayweather alleges that Rechnitz orchestrated a multi-year fraud to move Mayweather’s cash, jewelry and real

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  • Sherwin Belkin, prominent New York landlord-side attorney,
to retire,
The Real Deal

    Sherwin Belkin, prominent New York landlord-side attorney, to retire

    It’s the end of an era for New York’s landlord class: Sherwin Belkin is retiring.  Belkin, a co-founding partner at Belkin Burden Goldman, is perhaps one of the city’s best-known landlord-side attorneys. After 50 years of practicing law, he plans to retire in October.  His departure closes out a dec

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  • Modified COPA nears passage despite real estate
pushback,
The Real Deal

    Modified COPA nears passage despite real estate pushback

    A controversial City Council housing bill that once sent the real estate industry into a panic is back in play: the Community Opportunity to Purchase Act. The proposal, better known as COPA, was dead for a time after former mayor Eric Adams vetoed the bill and the Council lacked the votes to overrid

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