US gov’t to seize Manhattan skyscraper over owners’ ties to Iran›
The US government is set to seize control of a skyscraper in midtown Manhattan that prosecutors claim is secretly owned by Iran, AFP reported on Wednesday.
In a statement to the press, the US Justice Department said the seizure and sale of the 36-story 650 Fifth Avenue building would be “the largest-ever terrorism-related forfeiture.”
The funds from selling the 382,500 square-foot building at the corner of Fifth Avenue and West 52nd Street would be directed as compensation for victims of Iranian-sponsored terrorism, Manhattan Federal prosecutor Preet Bharara was quoted by AFP as saying.
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