Bonkers Brooklyn Boom On Display In Paul Manafort Indictment


The Brooklyn angle is that in there on the list of expenditures, along with the Mercedes and the Hamptons landscaping and the Beverly Hills clothing, is “a brownstone on Union Street in the Carroll Gardens section of Brooklyn, New York.” Manafort paid “approximately $3,000,000 in cash” for it in 2012, then borrowed more money, $1.4 million of which was to be spent on construction to renovate the building and convert it into a single-family residence.

Everyone will have their own reactions to the political and legal aspects of the indictment of President Donald Trump’s former campaign manager, Paul Manafort.

But what struck me was the Brooklyn angle.

“More than $75,000,000 flowed through the offshore accounts,” the indictment says. “Manafort laundered more than $18,000,000, which was used by him to buy property, goods, and services in the United States.”

Some of these “goods and services” are standard-issue luxury items. According to the indictment, $520,444 went to a “clothing store in Beverly Hills, California.” Another $655,500 went to a “landscaper in the Hamptons, New York.” A New York antique dealer was paid $623,910, and an “antique rug store in Alexandria, Va.” reaped $934,350. Manafort spent $62,750 on a Mercedes Benz, according to the indictment.