Peter Pays Paul

Inside commercial hard money lending.

17 Dec

Feds Seize New York Office Building

Category: Commercial Real Estate

The US Government seized a New York office building believed to be linked to The Iranian Government.

Federal authorities moved in Wednesday to seize control of a New York City office building partially owned by a company with ties to the Iranian government.

The move by officials at the Treasury and Justice Departments is designed to stop the flow of funds they say are used to help Iran’s efforts to build nuclear weapons.

Feds Seize New York Office Building Tied to Iranian Government

Tags: New York


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Posted Wednesday, December 17th, 2008 at 5:59 pm
Filed Under Category: Commercial Real Estate
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