'Trump's Closest Ally' Giuliani Puts $8.6 Billion Manhattan Apartment Up for Sale

Election-related litigation costs alone 4 billion won
Ultimately listed as 'luxury apartment'
"Trump refused to help"

Rudy Giuliani, former New York City mayor and close aide to former U.S. President Donald Trump, recently put his luxury apartment near Central Park in Manhattan, New York, on the market.

According to a report by The New York Times (NYT) on the 29th (local time), Giuliani listed his apartment located at the intersection of Madison Avenue and 66th Street in Manhattan last month for $6.5 million (approximately 8.6 billion KRW).

Rudy Giuliani is giving a speech outside the Fulton County Jail in Atlanta on the 23rd. [Image source=AP Yonhap News]

The area, known as the Upper East Side, is famous for being home to New York's upper class. This neighborhood, which served as the setting for the popular American drama "Gossip Girl," is known as a residence for celebrities such as Madonna and Mariah Carey.

Additionally, the area is adjacent to Central Park and hosts numerous luxury brand stores in a row. A real estate agent described Giuliani's residence as "a home with abundant sunlight, high ceilings, and beautiful hardwood floors."

He purchased this apartment in 2004, after stepping down as New York City mayor, for $4.77 million (approximately 6.3 billion KRW). According to the NYT, the reason Giuliani is putting this home on the market appears to be due to a need for cash. He is reportedly facing financial difficulties due to increased legal expenses related to various lawsuits connected to former President Trump.

Giuliani Denied Trump's Request for Help

Mugshot of Rudy Giuliani, a close associate of Trump, released by Fulton County Jail in Georgia on the 23rd (local time). [Image source=AP Yonhap News]

Giuliani was a close aide to former President Trump, filing over 50 lawsuits in battleground states to overturn the 2020 election results. However, he has recently been embroiled in various legal battles, including being indicted alongside Trump by the Fulton County Prosecutor's Office in Georgia.

The problem is that his legal costs have ballooned to $3 million (approximately 400 million KRW), making it financially unsustainable for him to continue.

Although Giuliani earned a substantial income as a lawyer, he was disbarred in 2021. This was due to a disciplinary committee ruling that his claims of "fraud in the 2020 election" violated the New York State attorney ethics code. Since then, Giuliani has been generating income through radio appearances and other means, but it is reported that he is struggling to cover his legal expenses.

In fact, Giuliani's attorney recently submitted documents in a lawsuit showing that his client's financial situation had become close to bankruptcy, using the Manhattan apartment listing as evidence.

Previously, Giuliani requested financial assistance from former President Trump, but it is reported that no support was provided. According to the NYT on the 19th, Giuliani visited Trump's residence in Florida earlier this year to explain his situation but did not receive a promise of support.

This content was produced with the assistance of AI translation services.