Manhattan U.S. Attorney Files Civil Action Seeking Forfeiture of Alavi Foundation's Interest in Fifth Avenue Office Tower Controlled by Iran

NEW YORK, Nov. 12 /PRNewswire-USNewswire/ -- Preet Bharara, the U.S. Attorney for the Southern District of New York, announced today the filing of an amended civil Complaint seeking forfeiture of the Alavi Foundation's interest in a 36-story office tower located at 650 Fifth Avenue in Midtown Manhattan (the Building). The Building is owned by 650 Fifth Avenue Company, a partnership between the Alavi Foundation and Assa Corporation. The original complaint, which was filed in December 2008 and amended today, sought forfeiture of Assa Corporation's interest in the Building.