Rudy Giuliani can say in his Florida condo for now after a New York bankruptcy judge declined to rule on a motion where his creditors wanted him sell the Palm Beach estate.
Judge Sean Lane stated there is “significant” concern that money was going into the condo that needs to go to his creditors, the Associated Press reported.
The condo would go up for sale for about $3.5 million.
In December, Giuliani declared bankruptcy after he was “ordered to pay $148 million to two former Georgia election workers for spreading lies about their role in the 2020 election,” per the AP.
Giuliani agreed to list his Manhattan apartment for about $5 million. However, he continues to live in the Florida condo where he records his podcast.
He also said the housing market in New York City was too expensive.
“If the court compels the sale of the Florida condominium, then the debtor will be forced to incur expenses for alternative housing,” his lawyers wrote in the motion. “Surely the committee does not intend the debtor to join the ranks of the homeless?”
The bankruptcy has brought forth by what the AP referred to as “a diverse coalition of creditors.”
These include a supermarket employee who was thrown in jail for patting him on the back, two elections technology companies that he spread conspiracies about, a woman who says he coerced her into sex, several of his former attorneys, the IRS and Hunter Biden, who claims Giuliani illegally shared his personal data, per the outlet.
The money he should be paying them is going into work on the condo, attorney Rachel Biblo Block said.
Block said Thursday that Giuliani had spent at least $160,000 on maintenance fees and taxes for the Florida condo since the bankruptcy. This far exceeds the $8,000 in monthly payments that his lawyers previously estimated.
Those payments were “rapidly depleting” Giuliani’s limited assets, which include about $15,000 in cash and $1 million in a retirement account, Block said.
“We don’t want to be left with our creditors holding the bag while he gets to be living in his luxurious condo,” she said.
She added Giuliani had “shown an inclination to stall” as he seeks to appeal the judgment in the Georgia election workers case, according to the AP.
The next hearing is scheduled for May 14.
