The New York Daily News reports:
Manhattan Borough President Mark Levine has called for expanded sanctions against Russia to allow the seizure of oligarchs’ pricey real estate holdings in New York. As the Russian invasion of Ukraine enters its second week, Levine demanded more brutal action to target cronies of strongman Vladimir Putin.
But so far, the U.S. Treasury Department, which implements the sanctions, has not taken any formal steps against oligarch-owned real estate.
The agency did not immediately respond to requests for comment. American officials have warned that they plan to go further to target wealthy oligarchs “to take their yachts, their luxury apartments, their money, their ability to send their kids to college abroad.”
Read the full article. One of Ivanka Trump’s longtime Russian besties owns a $100 million Manhattan penthouse.
⚡️Wider sanctions, seizure of Russian oligarch’s NYC real estate called for by politicians@MarkLevineNYC calls for sanctions to allow seizure of oligarchs’ pricey digs
London Mayor blasts blind eye on city homes as safe harbor for cash, impacting markethttps://t.co/W47fsb95QE
— New York Daily News (@NYDailyNews) February 28, 2022
It’s day 5 of Russia’s reprehensible war on Ukraine.
We’re still waiting for the U.S. gov’t to place the broad circle of oligarchs connected to Putin on the sanctions list.
This is the prerequisite to seizing the ultra luxe apartments many hold in Manhattan.
Let’s do it NOW.
— Mark D. Levine (@MarkLevineNYC) February 28, 2022
— Bloomberg (@business) August 19, 2017