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September 29, 2023
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RUSSIAN OLIGARCH RENTED OUT LANDMARK NYC MANSION DAYS BEFORE GETTING HIT BY US
SANCTIONS: SOURCES

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Jennifer Gould


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Published Sep. 28, 2023, 7:28 p.m. ET
0:00 / 2:00


Dave Portnoy cold calls Washington Post reporter over upcoming 'hit piece'




MORE ON: RUSSIA


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A Russian oligarch who owns a lavish apartment in the same landmark Manhattan
mansion as Disney boss Bob Iger rented out the unit just days before being
sanctioned by the US government, The Post has learned.

Alexey Kuzmichev – co-founder of Moscow-based conglomerate Alfa Group, which has
been accused of helping fund Vladimir Putin’s war on neighboring Ukraine –
had bought four floors in the seven-story Atterbury Mansion at 33 E. 74th for
$42.7 million in 2016. 

Kuzmichev, 60, had tried to sell his 10,088 quadruplex for $41 million but could
not find a buyer.

It was asking $70,000 a month as a rental in 2019. An American family rented the
unit for an undisclosed price two years ago. 

After their lease expired, they opted to renew it in early August, sources told
The Post – before his assets were frozen on Aug. 11.  

It was on that day that the US Treasury’s Office of Foreign Assets Control
sanctioned Kuzmichev and the three other oligarchs – Mikhail Fridman, Petr Aven
and German Khan – who founded Alfa Group following damning reports that
subsidiary Alfa Bank was aiding Putin’s war machine.

5
Alexey Kuzmichev, right, and Israel Englander in 2014. The US Treasury’s Office
of Foreign Assets Control sanctioned Kuzmichev and two other oligarchs.Patrick
McMullan via Getty Images

The men say they are “apolitical” and denied close ties to Putin. 

Kuzmichev’s 33-foot wide townhouse, built in 1901, is divided into just two
apartments. Iger and his spouse, Willow Bay, Dean of USC’s Annenberg School of
Communication and Journalism, bought the penthouse above Kuzmichev for $25.45
million in 2017, the Post exclusively reported. 

The manse was designed by noted architect Grosvenor Atterbury and originally
built for banker Julian Wainwright Robbins and his wife Sarah, a niece of
Cornelius Vanderbilt.

Kuzmichev’s five-bedroom, five-bath and three powder-room residence contains the
mansion’s original ballroom, with 20-foot-high ceilings. It now serves as the
30-by-50 foot living room. 

5
Kuzmichev, 60, had tried to sell his 10,088 quadruplex for $41 million in this
33 E. 74th St. mansion but could not find a buyer. Google Street View

Other lavish design details include original stained glass, wide white-oak
planked floors and lots of marble. 

A private and a public elevator service each floor. In addition, there’s a
chef’s kitchen and a formal dining room that can seat 40 people. The parlor
floor comes with 12-foot ceilings and floor-to-ceiling arched windows, and there
is a large private terrace off the first floor. 

Kuzmichev has also been a major benefactor on New York’s art scene. Together
with his spouse, Svetlana Kuzmicheva-Uspenskaya, they were on the Chairman’s
Council at the Metropolitan Museum of Art in 2021-2022. 

The Met did not return calls about its relationship with the sanctioned oligarch
— and whether or not it will give back Kuzmichev’s allegedly tainted donations. 

5
Kuzmichev and wife Svetalna Kuzmicheva-Uspenskaya have also been a major
benefactor on New York’s art scene.Getty Images

The unregulated art market has been a useful way for oligarchs and criminals to
launder money — and evade sanctions. In addition, toxic philanthropy is a way
Russian oligarchs and other international kleptocrats launder their reputations,
as well as their money, anti-corruption activists say. 

Kuzmichev joined the Soviet military and the Communist Party of the Soviet Union
as a young man in the late 1980s. He and his three Alfa-Bank co-founders all
served on the supervisory board of the Alfa Group Consortium, which is one of
the largest financial and investment conglomerates in Russia, according to the
DOJ. 

They have also been sanctioned by Australia, Canada, the European Union, New
Zealand and the UK.  They stepped down from the board but maintain financial
stakes in Alfa Bank’s parent company. 

“Wealthy Russian elites should disabuse themselves of the notion that they can
operate business as usual while the Kremlin wages war against the Ukrainian
people,” Deputy Treasury Secretary Wally Adeyemo said in a statement at the
time. 

5
Kuzmicheva-Uspenskaya and French businessman Francois Pinault in Paris in 2016.
Getty Images

“Our international coalition will continue to hold accountable those enabling
the unjustified and unprovoked invasion of Ukraine,” Adeyemo added.

The European Union report on sanctioned individuals described Kuzmichev as “one
of the most influential persons in Russia. He has well established ties to the
Russian president.” 

It went on to note that Putin’s eldest daughter, Maria, ran a charity project,
Alfa-Endo, funded by Alfa Bank and that Putin “rewarded Alfa Group’s loyalty to
the Russian authorities by providing political help to Alfa Group foreign
investment plans.” 

The EU report went on to note that Kuzmichev was “actively supporting materially
or financially and benefiting from Russian decision-makers responsible for the
annexation of Crimea or the destabilization of Ukraine. He is also a leading
Russian business person involved in economic sectors providing a substantial
source of revenue to the Government of the Russian Federation.” 

5
The manse was designed by noted architect Grosvenor Atterbury and originally
built for banker Julian Wainwright Robbins and his wife Sarah, a niece of
Cornelius Vanderbilt.REUTERS

French authorities seized his two mega yachts – La Petite Ourse and La Petite
Ourse II, worth a combined $98 million – in the South of France last year. 

He sued and one of the vessels was returned on grounds that ‘procedural errors’
were made during the seizure. French customs was ordered to pay Kuzmichev 10,000
euros in compensation. The other case is still pending. 

32
What do you think? Post a comment.

The  EU sanctions prevent Kuzmichev from taking the yacht out of French
territorial waters. However, his lawyer, Philippe Blanchetier, noted: “Inside
[of France[, he is allowed to move around, whether by foot, by horse, by car or
by boat.” 

Blanchetier did not return requests for comment at press time. 




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Filed under
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 * russia
 * sanctions
 * upper east side
 * 9/28/23

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Alexey Kuzmichev, right, and Israel Englander in 2014. The US Treasury's Office
of Foreign Assets Control sanctioned Kuzmichev and two other oligarchs. Patrick
McMullan via Getty Images
Kuzmichev, 60, had tried to sell his 10,088 quadruplex for $41 million in this
33 E. 74th St. mansion but could not find a buyer. Google Street View
Kuzmichev and wife Svetalna Kuzmicheva-Uspenskaya have also been a major
benefactor on New York’s art scene. Getty Images
Kuzmicheva-Uspenskaya and French businessman Francois Pinault in Paris in 2016.
Getty Images
The manse was designed by noted architect Grosvenor Atterbury and originally
built for banker Julian Wainwright Robbins and his wife Sarah, a niece of
Cornelius Vanderbilt. REUTERS
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PAGE SIX

MELANIA TRUMP 'QUIETLY' RENEGOTIATED PRENUP WITH DONALD AHEAD OF POTENTIAL
SECOND PRESIDENTIAL TERM, LEGAL WOES: SOURCES




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