NYC actual property empire rocked by property mogul’s marital strife

A police name final month over a home disturbance in Palm Seashore, Fla., is threatening to rock a New York actual property empire managed by a pair of feuding brothers, The Submit has realized.

Round 10 p.m. on Dec. 9, Palm Seashore police answered a 911 name from the waterfront property of 66-year-old Abraham Haruvi, who collectively together with his brother Arthur owns greater than 30 buildings housing 500 flats throughout New York Metropolis, principally positioned on Manhattan’s Higher East Facet and Higher West Facet.

Giovana Stephenson, Abe Haruvi’s spouse of 14 years, was standing exterior the 9,700-square-foot, Regency-style mansion — boasting a pool, outside fountains and its personal non-public boat dock simply 4 blocks from Donald Trump’s Mar-a-Lago Club — awaiting police with the couple’s two kids, in response to a police report obtained by The Submit.

Police responded to a name from the Palm Seashore residence the place Abe Haruvi and Giovana Stephenson have been residing with their two kids.

When cops arrived, she confirmed an officer scratch marks that left “redness” on her chest, claiming her husband “scratched and hit” her throughout an argument that ensued after she accused him of “hiding something on his phone,” the report stated. Haruvi was led exterior in handcuffs and charged with misdemeanor battery, in response to the report. He was later ordered to maneuver out and stop all contact together with his spouse, in response to a restraining order obtained by The Submit.

Now, the incident is poised to make waves in Manhattan, as Haruvi faces an costly divorce that might lastly spell the unraveling of a $200 million, Massive Apple actual property empire that has weathered a number of lawsuits between Abe and Arthur Haruvi. Each accused one another of stealing from the enterprise — that their father, Jacob, constructed — along with mismanagement and dereliction, in response to court docket paperwork.

After the Dec. 9 incident, Stephenson employed Joel Weissman — a high-powered Palm Seashore divorce lawyer who practices martial arts in his spare time and has been nicknamed “Mad Dog” due to his aggressive courtroom model, in response to a City & Nation report. His purchasers have included billionaire Red Sox owner John Henry and the late New York Yankees associate Jack Satter.

A feud between Arthur and Abe Haruvi — mixed with a home violence allegation towards the latter in Florida — threatens to shake up their residential actual property holdings in New York Metropolis.
VWPics by way of AP Pictures

That, in flip, might drive Abe Haruvi to promote his stake within the New York actual property portfolio, as “he does not have a lot of cash lying around,” in response to a supply near the state of affairs. About 40% of the corporate’s leases have been vacant throughout the peak of the pandemic, sparking a liquidity disaster that solely acquired resolved after Arthur filed a lawsuit towards Abraham in July, forcing him to comply with a debt-refinancing deal, in response to sources.

Stephenson declined to remark, however Weissman informed The Submit that the couple’s prenup settlement might price Haruvi $8 million plus the Palm Seashore mansion, which they purchased in 2011 for $7.8 million, in addition to different belongings. The quantity will seemingly swell with the battery cost, which might set off a so-called “bad boy” clause within the prenup, Weissman added. State prosecutors filed battery costs towards Abe Haruvi on Jan. 22 with a listening to slated for late March. Haruvi has pleaded not responsible, in response to his lawyer.

“A divorce will occur,” Weissman stated. “From my client’s perspective, the marriage is not salvageable.”

Giovana Stephenson, Abe Haruvi and TV star  Tina Louise sit together at a concert event at Mar-a-Lago.
Giovana and Abe Haruvi rubbed elbows with TV and film star Tina Louise (who will not be concerned in any of the disputes) at an Andrea Bocelli live performance at Mar-a-Lago in 2010.
Getty Pictures

Whereas the Haruvi brothers have saved a low profile regardless of the scale of their holdings, they each got here beneath hearth within the late Nineteen Nineties for allegedly attempting to evict rent-stabilized tenants, claiming to wish the flats for themselves or for relations, in response to reviews on the time. Roughly 35% of their flats are rent-stabilized.

In the course of the pandemic, their revenue was slashed and their $53 million mortgage was thrown into default. Arthur had organized to refinance the mortgage whereas profiting from traditionally low rates of interest, however Abe initially refused to signal the papers “for no other reason but to further a personal vendetta,” in response to the grievance filed in July.

Out of exasperation, in response to a supply, Arthur sued his brother to compel him to signal.

In an earlier 2020 lawsuit, Arthur had accused Abe of skimming cash for his private use from seven buildings owned by Simry Realty Corp., together with 4 contiguous buildings on West 54th Road in Midtown Manhattan. Abe, the go well with claimed, had instructed numerous Simry workers to cost extra for his or her providers and gave some bonuses as a part of a “nefarious plan” to drive Simry into default in order that Abe “will be positioned to purchase the debt from the lender, foreclose on the collateral and usurp total unfettered control of Simry’s assets.”

An Upper East Side block of apartments
The feuding Haruvi brothers personal about 500 flats in New York Metropolis, lots of them on the Higher East Facet.
Bloomberg by way of Getty Pictures

The grievance was withdrawn because the brothers settled the matter, in response to a supply with data of the difficulty. In a quick interview final week, Abe Haruvi stated he’s at the moment not in litigation together with his brother.

“This is another example of [my family] trying to shame me publicly,” Abe Haruvi informed The Submit. “However, the truth will come out and I hope you are available to report it at that time.”

Arthur Haruvi didn’t reply to requests for remark.

The Dec. 9 incident isn’t the primary time Abe Haruvi and Giovana Stephenson’s family affairs have spilled into public view. In 2010, simply earlier than the couple moved into the manse from a house close by, a housekeeper sued them, claiming she was compelled to work 19 hours a day whereas she shared residing quarters with their canine.

Susan Palchak stands in front of her apartment on East Third Street
A decade in the past, The Submit reported on the story of tenant Susan Palchak, who obtained an eviction discover from landlord Abe Haruvi with Abart Holdings for her residence at 50 E. third St. in Manhattan.

As well as, Irma Diaz claimed in her go well with filed in Florida that she was compelled to make use of a bathe the place the canine urinated and defecated, and that Stephenson “regularly pushed, squeezed, shook and slapped” her.

Stephenson, by her lawyer Weissman, declined to touch upon Diaz’s allegations.

Abe Haruvi informed The Submit he was by no means served with the maid’s lawsuit, dismissing it as a ploy “by an attorney to embarrass me.” The lawsuit was finally withdrawn.

As for the Dec. 9 incident, he stated “the truth will come out” and that he places his “entire trust in the justice system” to make that occur.

“I’m looking forward to being found innocent of all charges and I await the day that justice is served,” Haruvi informed The Submit. “I steadfastly hold onto my innocence and it will be proven.”

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