Event Details

February 01, 2016

Description

Laura Cohen, as trustee, took out a $500,000 home-equity line of credit against the Park Avenue property from First Republic Bank.

Participants (1)

Name Type Mentions
Laura Cohen person 4 View Entity

Source Documents (1)

HOUSE_OVERSIGHT_020439.jpg

Financial/Investigative Report • 995 KB
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This document details the financial activities of Michael Cohen and his family, focusing on their Park Avenue home. It describes how the property, purchased for $5 million in 2005, was placed in a trust and later leveraged for a $500,000 line of credit in 2016. The report also highlights the financial influence of Cohen's in-laws, Fima and Ania Shusterman, who built a taxi empire and have engaged in significant financial transactions, including a $20 million loan.

Related Events

Events with shared participants

The Cohens purchased their Park Avenue home for $5 million.

2005-01-01 • Park Avenue, New York

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The Cohens moved their Park Avenue property into a trust to limit tax exposure for their heirs.

Date unknown • Park Avenue, New York

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Event Metadata

Type
Unknown
Location
Park Avenue, New York
Significance Score
5/10
Participants
1
Source Documents
1
Extracted
2025-11-19 06:54

Additional Data

Source
HOUSE_OVERSIGHT_020439.jpg
Date String
February 2016

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