💰 Financial Record

payment

Transaction Details

Amount
USD $500,000.0
Payer (From)
First Republic Bank Linked to IRS
Payee (To)
Transaction Date
February 01, 2016
Description

Revolving home-equity line of credit taken out by Laura Cohen against the Park Avenue property.

Additional Details
Date string: February 2016
Amount string: 500000
Source document: HOUSE_OVERSIGHT_020439.jpg

📄 Source Document

HOUSE_OVERSIGHT_020439.jpg
ESTATE Collection
View Document
Document Summary

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.

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