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Entries in Property (2)

Monday
Apr092012

NC Town Setting of 'The Hunger Games' for Sale

Kevin Winter/Getty Images(HENRY RIVER MILL VILLAGE, N.C.) -- Still hungry for The Hunger Games? If owning a "Katniss" Barbie doll isn't enough to satisfy your love of the young adult book series and film, for $1.4 million you can own a town that served as a set for the box-office smash. The film was shot entirely in North Carolina, with the hometown of the three main characters -- District 12 -- filmed in Henry River Mill Village. With more and more fans visiting the place where District 12 was brought to life on the big screen, the owner of the village is now trying to find someone to take the property off his hands.

Wade Shepard, 83, is selling the 72-acre property, which has over 20 buildings. The mill burned down in 1977, but no matter to die-hard fans of the book by Suzanne Collins and the film, which has topped the box office for three straight weekends.

The village is reportedly about 70 miles east of Asheville, near the town of Hildebran.

Copyright 2012 ABC News Radio

Friday
Mar162012

Divorcing Wife Sues Billionaire Over $88M NY Penthouse

Hemera/Thinkstock(NEW YORK) -- Dmitry Rybolovlev, the billionaire who purchased the most expensive property in New York City, is facing a lawsuit from his wife Elena Rybolovleva.  She claims he purchased the $88 million penthouse to hide his assets as the couple endures a divorce.

On March 14, Rybolovleva sued her billionaire husband alleging that he “fraudulently transferred property acquired during his marriage,” violating a Swiss Court order. The suit also alleges that he used the property to purchase the penthouse at 15 Central Park West, which once belonged to former Citibank CEO Sandy Weill, for his own personal use.

The couple is currently in the middle of divorce filed in December of 2008, which should have prevented the purchase of the property.

A spokesperson for Crowe Horwath, which is listed as the company in care of the company that owns 15 Central Park West, told ABC News, "many clients use our address and client matters are confidential.”

David B. Newman, an attorney for wife Rybolovleva, told ABC News, ”Mr. Rybolovlev has taken assets that were acquired during the marriage and has moved them to places to make them unavailable to the wife.”

“Mr. Rybolovlev has lots and lots of assets and they’re all over the world and we’re trying to do what we can in regards to the assets in the United States,” said Newman.

According to the lawsuit, Rybolovlev allegedly “formed a sham entity for the sole purpose and with the specific intent of hiding and diverting his personal interest in the property.”

The New York City property came with a hefty price tag of 66 percent more than previous record sale, according to The Wall Street Journal.  The sale of the home with wraparound terrace brought in city and state taxes of around $2.5 million, according to WSJ.

Why the $88 million home? The two allegedly looked at the home before divorce proceedings but the Weills were not looking to sell, according to Rybololeva’s attorney.

“If you look at these Russian oligarch, they want to buy the biggest and best and most expensive,” said Newman. Another example is the $95 million mansion purchased from Donald Trump in Florida.

Rybolovlev’s attorney in the Florida dispute could not comment on the New York state lawsuit.

He continued, “if you look at someone like that they’re very ego driven. They want to get the biggest and the best, and that appears to be what he wants to do.”

The fertilizer billionaire with an estimated net worth of $9 billion is expected to contest the suit.

Rybolovleva is asking the court for a “constructive trust” over the multi-million dollar property and the trust company so that it “cannot be alienated, conveyed, encumbered, transferred or wasted” pending the ruling of the Swiss court and an award of costs and attorney fees.

Copyright 2012 ABC News Radio

 







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