Sunday, June 5, 2016

The most interesting part of this article is not the real estate but the linkage of corrupt Democrats fraudsters. Ron Burkle (big, big Democrat money man) and a convicted fraudster Raffaella Follieri.

Gucci sisters slash Olympic Tower penthouse price to $35M

The Gucci sisters' pad at Olympic Tower is back on the market, this time at a relative discount.
Photo: The Corcoran Group
The Gucci sisters, Alessandra and Allegra — whose designer-clad mom hired a hit man to kill their father after he left her for a younger woman — are putting their Olympic Tower penthouse back on the market for $35 million following a price drop and broker swap.
The sprawling eight-bedroom, 9½-bathroom unit asked $45 million when it first listed by Brown Harris Stevens last August. The 9,500-square-foot apartment is on the 50th and 51st floors of the iconic building, located at 641 Fifth Ave.

Modal Trigger
Maurizio Gucci, circa 1985.Photo: AP Photo/Suzanne Vlamis

The two-unit combo with views of the Empire State Building is set up to include two kitchens, two internal elevators, two staircases and two wood-burning fireplaces. (Not bad for two sisters.)
Alessandra and Allegra are the children of the late Maurizio Gucci, the grandson of the fashion house’s founder, Guccio Gucci. Maurizio bought the apartment in the 1970s, when the then-new building epitomized global, jet-setting chic.
When Maurizio became head of Gucci, he was so busy being a free-spending playboy that he was forced to sell the company for a reported $200 million to Bahrain-based investment firm Investcorp. In 1995, Alessandra and Allegra’s mother, Patrizia Reggiani, hired a hit man to kill Maurizio, then 46, after he left her for a younger woman — back in 1985.
She was convicted in 1998 and released in 2014 after spending 16 years in jail. At the time, she told an Italian newspaper that she wanted to work for Gucci. (“I dream of returning to Gucci. I still feel like a Gucci — in fact, the most Gucci of all,” she said to La Repubblica. “I have the qualifications — for years I went shopping around the world. I came from the world of jewels and it is to that world that I want to return.”)
Colorful neighbors at Olympic Tower have included the arms dealer Adnan Khashoggi, who installed a pool in his unit.
Last week, Anne Hathaway’s former Olympic Tower rental — a 7,750-square-foot duplex — went on the market for $33 million. Hathaway, currently married to Adam Shulman, lived there with an Italian — her ex-fiance, the convicted fraudster Raffaello Follieri.
Follieri’s former business investor — the billionaire Ron Burkle — was paying the $37,000 monthly rent on the apartment via his private equity firm The Yucaipa Companies, sources told the Post.
On a tour of the apartment, Gimme Shelter saw the former projector room, where Follieri stashed Vatican robes that fellow fraudsters would don while pretending to be papal representatives when investors came calling to Follieri’s home office.
That room featured a prominent photo of Hathaway and, ironically, striking views of St. Patrick’s Cathedral.
Listing brokers are Charlie Attias and Sofia Falleroni of Corcoran.

Ron Burkle 

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