Iran

Midtown, Policy

Image via Google Street View

For the past few years, the federal government has claimed that the tower at 650 Fifth Avenue, owned by nonprofit the Alavi Foundation, is controlled by the Iranian government, which would violate U.S. sanctions. Since the court decision that allowed the government to seize the 36-story building was overruled last year, a trial has kicked off again this week to determine if the organization was funneling money to Iran. As reported by amNY, the government must prove the office tower, worth just under $1 billion, is a front for the Iranian government and will do so using emails, letters and journal entries from an Alavi board member.

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