Earlier this fall, Skinny Girl Bethenny Frankel sold her sprawling Tribeca loft in just one day for its asking price of $6.95 million. This came after three+ years of the apartment being entangled in her very public divorce from Jason Hoppy. At the time of the sale, she expressed her relief: “I’m glad that the real-estate gods were looking out for me saying, ‘let’s give her a break.’” But that break was short lived, as the loft once again has the “Real Housewife” in the courtroom. Page Six reports that Frankel is suing a real estate attorney for $2 million over “breach of contract, fraud and notary misconduct” when he established a trust in 2011 for the couple to make the $5 million purchase at 195 Hudson Street, making both parties co-owners when it was only supposed to be her since she allegedly footed the bill.
To shield Frankel’s identity, Manhattan real estate lawyer Jaime Andrew Schreck used the MYC Trust for the purchase, but she was supposed to be its sole beneficiary claims her lawyer. Hoppy says he was rightly a joint owner since he contributed to maintenance and renovations. In March, an appeals court “scrapped the trust,” ruling that the “parties’ signatures were never properly acknowledged.” But the four judges on the case said, “Nonetheless, issues of fact exist whether the parties intended to jointly own the apartment, and whether the husband was involved in any fraud in the preparation and execution of the trust agreement.”
Neither Schreck nor Hoppy’s attorney responded to requests for comment. Frankel now lives in a Soho loft that she purchased for $4.2 million in April 2015.
[Via Page Six]
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Neighborhoods : Tribeca