Tuesday, December 06, 2016

Lawsuit Triggers Tug-Of-War Between Ailing 93-Year Old Media Billionaire & Ex-Girlfriend Over 'Promised Gift' Of $3.75 Million NYC Penthouse Apartment; She Says Her Name's Already On The Deed

In New York City, the New York Post reports:
  • Ailing media titan Sumner Redstone is suing to prevent his ex-girlfriend from inheriting a $3.75 million penthouse apartment at the Hotel Carlyle.

    Redstone bought the East 76th Street pad in March 2015, promising to gift it to then-partner Manuela Herzer when he died, according to the Manhattan Supreme Court lawsuit.

    “Redstone no longer wants to leave the apartment to Herzer upon his death,” the suit says, but “Herzer now refuses to relinquish her claim to [it].”

    Herzer had signed an agreement in 2015 acknowledging that the Viacom founder purchased the penthouse with his own funds and that it “belongs exclusively to Sumner” until his death, the suit says.

    He has paid the $23,900 a month in maintenance fees since the purchase, the suit says.

    In April, Redstone, 93, and Herzer, 52, settled another case in which she agreed to take only a fraction of the $70 million she stood to inherit to drop claims that he wasn’t competent.

    Herzer’s lawyer, Ronald Richards, called the Hotel Carlyle suit “another frivolous filing that it is hard to believe is being orchestrated by Mr. Sumner Redstone and not his daughter Shari.”

    Shari and her father control the family’s $40 billion media empire, which includes Viacom’s MTV, Comedy Central and the Paramount Pictures Hollywood studio — plus CBS and Showtime.

    Richards has claimed that Shari has influenced her father to file the suit over the apartment, plus another pending action over millions in gifts he gave to Herzer.

    “My client was given a notarized recorded grant deed to the property establishing a joint tenancy,” Richards said.

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