A feud that’s divided a Great Neck real estate family took another dramatic turn this month when the patriarch sued his son for allegedly “looting” his company’s assets and diluting his shares in a Manhattan rental portfolio valued in the hundreds of millions of dollars. In a $90 million lawsuit filed in Nassau County Supreme Court, Jacob Harounian, 90, accused his son Mark of using the company accounts of JAM Realty and United Nationwide Realty […]
source https://therealdeal.com/2018/04/17/harounian-patriarch-accuses-son-of-looting-company-assets-to-pay-for-mistresses-luxury-cars/
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