AUTHOR upi.com



MAY 4 2011 21:13h

Condo of convicted Fla. lawyer on market

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NEW YORK, May 4 (UPI) -- A luxury condo unit in New York owned by convicted Ponzi operator Scott Rothstein seized by officials is on the market for $5.4 million, the listing indicated.

Rothstein, 48, is serving a 50-year prison sentence for the largest fraud scheme in Florida history.

His other luxury properties are expected on the market soon, the South Florida Sun-Sentinel reported Tuesday.

Rothstein paid $5.95 million in cash for the 1,512-square-foot unit in June 2008 on Manhattan's East Side. Information on the listing broker's Web site of the listing broker indicate the unit has two bedrooms, 2 1/2 baths, floor-to-ceiling windows and granite countertops. Monthly maintenance fees are $2,200 and yearly taxes run about $15,000.