Russian bank Vneshprombank files for bankruptcy as threat of NYC real estate seizure looms

Vneshprombank, a Russian “VIP” bank that held accounts for prominent Russian companies, oligarchs and bobsledders, has filed a U.S. bankruptcy proceeding in a bid to protect against claims on its New York real estate. The head of the bank, Larisa Markus, is accused of stealing about $13 million from the financial institution and using it […]

Empire Hotel Group’s Domb family buys $12M UWS pad

Affiliates of Empire Hotel Group heir Jay Domb snapped up a condo at Extell Development’s One Riverside Park for $12.1 million, according to property documents filed with the city Friday. The Upper West Side waterfront apartment spans 4,224 square feet and includes five bedrooms and 6.5 bathrooms. It’s not clear whether Domb will live in the […]