Nemazee Gets House Arrest; Wanna Move In Next Door?
Hassan Nemazee, the banker and Democratic mega-fundraiser who was charged yesterday with forging financial documents to get Citibank to give him a $74 million loan, got to leave prison today. And just like Marc Dreier and Bernie Madoff before him, he'll be under house arrest from now on, confined to a $20 million, 14th floor co-op at 770 Park Avenue. The terms of Nemazee's release are pretty strict: The $25 million bail package requires him to pledge his Park Avenue apartment and house in Katonah as collateral; he'll be monitored round the click via electronic bracelet; and the judge also banned him from using computers, the Internet, or getting a new cell phone. (What's he going to do all day? God only knows.) Prosecutors argued for the tough terms because they said Nemazee is a flight risk, and by the looks of it, the judge was inclined to agree. But that's where you come in! The apartment next door to Nemazee's is up for sale. Maybe you want to move in and keep an eye on him? We can't say so for sure, but prosecutors might be willing to cut you a break the next time jury duty rolls around if you step up and perform the valuable service. A couple of pics and a floor plan of Apt. 14B are below.