Rudy Giuliani Says In Bankruptcy Filing He Shouldn’t Be Forced To Sell His $3.5 Million Palm Beach Penthouse

Former New York City Mayor Rudy Giuliani was slammed on social media for arguing in court that he should not be forced to sell his $3.5 million Palm Beach, Florida, penthouse in his bankruptcy case.

Giuliani filed papers opposing a group of creditors’ bid to collect their debts in his Chapter 11 bankruptcy case by selling his Palm Beach condominium.

However, the former New York City mayor’s legal team has claimed that he should be allowed to keep the property, as he intends to use it as his primary residence after selling his Manhattan apartment. 

The filing states that Giuliani uses both of his residences to operate his podcast businesses, citing that each home has a “studio.” 

His attorneys also argued that he wants to utilize the Palm Beach home as a studio to produce podcasts and “grow his broadcast income.”

They noted that he will “need a place to operate the podcast from if he is to earn money therefrom.”

The filing claimed that any money the former mayor earns from the podcast “would only serve to benefit creditors.”

Using his property, Giuliani would save on renting a studio space, allowing him to keep more of his income. The filing also notes that he is already trying to sell his apartment in Manhattan.

The court will now have to decide whether or not they should allow the former mayor to keep the property or force him to sell it as part of his bankruptcy case.

According to statements from Giuliani’s lawyers, he is solely dependent on Social Security benefits and earnings that he gains from his shows.

The former New York City mayor is facing an avalanche of bills. In December 2023, he declared bankruptcy after being found guilty of defamation against mother-and-daughter election workers Ruby Freeman and Wandrea “Shaye” Moss, for which he was immediately ordered to pay a $148 jury judgment.

Despite not having any evidence, Giuliani accused Freeman and Moss of committing voter fraud in Georgia during the 2020 election. Former President Donald Trump‘s lawyer made these claims to support his client’s false claims of a “rigged election” for which no proof was ever given.

These accusations caused the election workers to face racist and violent threats that “changed their lives forever.”

Although the former mayor shared optimism that he might win an appeal of this judgment or at least have it significantly reduced, he refrained from selling his Palm Beach property, saying it would be “premature” for him to do so.

The court filing read, “It appears that the Committee [on Unsecured Creditors] is assuming that most, if not all, of the Freeman judgment, will survive on appeal and is proceeding as if all of the [Giuliani’s] assets need to be liquidated now to satisfy a potentially inflated claim.”

But Giuliani might face irreparable harm “if the Florida residence is sold and later it turns out that the Freeman judgment is vacated.” 

The creditors have claimed he uses “reckless abandon and improper judgment” to keep the Palm Beach property. 

His lawyers argued that he had a “valid business justification” for keeping this property despite this.

On top of this, they noted that the Manhattan apartment would soon be listed for $5 million on Sotheby’s, which would significantly reduce his monthly expenses.

Many X users have replied negatively to Giuliani’s comments.

“Sorry old man @RudyGiuliani, that’s now how it works,” one X user wrote.

“Sell it and live in your car,” another said.

In late March, Giuliani sent an email message to his supporters in which he asked them for cash and stated that President Joe Biden is attempting to put him behind bars.

The Rudy Giuliani Freedom Fund sent this email containing his mugshot in Fulton County, Georgia.