It’s arduous to think about a extra dramatic fall from grace than that of Oren and Tal Alexander, the as soon as star brokers who’ve been yanked from the highest of the New York Metropolis actual property world and jailed.
The pair — together with Oren’s twin brother Alon — had been arrested early Wednesday morning and charged with three counts of federal intercourse trafficking. The case is being prosecuted by attorneys within the Southern District of New York.
A conviction may lead to a sentence of life in jail. Right here’s what to know in regards to the arrests of the three brothers.
The Alexander brothers had been as soon as unparalleled amongst New York Metropolis brokers
Over the previous decade, Oren and Tal Alexander have been among the many most profitable actual property brokers within the nation, serving ultrawealthy shoppers and celebrities. Amongst them are hedge fund supervisor Ken Griffin, Fanatics CEO Michael Rubin, rappers Kanye West and Jay-Z, and former New England Patriots quarterback Tom Brady.
Their father, Shlomi Alexander, constructed an actual property empire in South Florida, which supplied Oren and Tal wealth and connections for constructing their very own enterprise. In 2019, the pair recorded the most costly residential actual property sale in U.S. historical past — a $238 million swap at 220 Central Park South in Manhattan.
The brothers bought their begin at Douglas Elliman however left the agency in 2022 to discovered Official Companions, a luxurious actual property company affiliated with white-label brokerage Aspect. Although born into appreciable wealth, their success pushed their internet price near 9 figures.
Alon Alexander works for Kent Safety, a non-public safety firm based by his dad and mom.
The Wednesday morning arrest was dramatic
At about 6 a.m. ET, brokers used a bullhorn and referred to as on Oren to give up, a requirement that lasted about an hour. Quite a few passersby watched the scene unfold. A grocery supply man was turned away by legislation enforcement, however he took an image to indicate he made an try to ship.
“I guess I’ll be keeping these groceries for myself,” the person informed Bloomberg.
The size and scope of the alleged assaults is disturbing
Whereas the fees towards the Alexanders are associated to 2 particular unnamed girls, prosecutors say these had been simply a few victims amongst “dozens” of ladies who declare they had been assaulted by the brothers.
The eight-page indictment alleges that the Alexanders have been working a intercourse trafficking scheme since about 2010, which concerned luring in girls with guarantees of fabric advantages, solely to drug and rape them.
However prosecutors say that they had been drugging and raping girls relationship again to highschool. The medicine concerned included cocaine, psychedelic mushrooms and the “date rape” drug GHB.
When the ladies pushed again towards the assaults, they had been bodily restrained and held down. Many screamed for assist, whereas others blacked out and recollections of the occasion solely got here again later.
These girls included actual property business professionals and others they met casually by way of relationship apps or social occasions.
The arrests are hardly a shock
Whereas Wednesday’s arrest was essentially the most important flip but within the saga of accusations towards the brothers, it isn’t the start.
In March, two girls filed lawsuits towards Oren and Alon, claiming the pair drugged and raped them in incidents just like these within the new indictment. The occasions passed off in 2010 and 2012, and one girl was 18 years outdated on the time of the alleged assault.
In response, different girls got here ahead with comparable accusations, a lot of whom had been interviewed by the The New York Instances for an expose that solid the Alexanders as having dozens of victims.
In July, The Wall Avenue Journal reported that the FBI was investigating allegations of assault towards the three brothers, and it seems that Wednesday’s occasions are the end result of that course of.
Official Companions is on life help
To the extent that Tal and Oren Alexander’s brokerage nonetheless exists, it might not for for much longer. Within the wake of the lawsuits and the Instances’ article, enterprise companions deserted Official Companions and the brothers. Shortly after, they took leaves of absence from the brokerage.
In October, Aspect sued the brothers and Official for defaulting on a $4.6 million promissory observe, claiming that they breached the phrases of the mortgage by dissociating from their actual property licenses and tried to maneuver the underlying collateral on the mortgage. Relating to the latter cost, Aspect filed a restraining order towards Tal and Oren.
The brothers filed responses accusing Aspect of producing the occasion of default by unilaterally dissociating their actual property licenses and by refusing to reinstate them. In addition they declare they weren’t dodging requests for an replace on the collateral however as a substitute didn’t obtain mail owing to renovations on their properties.
Aspect’s lawsuit makes reference to the sexual assault allegations towards the brothers. Whereas their arrest isn’t prone to materially have an effect on that case, it’s one more complication to the brothers’ enterprise dealings.
This isn’t over, and different males could also be charged
Prosecutors made clear at a press convention Wednesday afternoon that the investigation is ongoing and that fees towards different perpetrators could possibly be forthcoming. Attorneys for the Southern District of New York have focused different alleged intercourse traffickers, together with rapper Sean Combs.
Given the variety of girls who’ve made accusations towards the brothers — and the a number of authorized avenues accessible for victims — it’s arduous to think about that the problems dealing with the Alexanders will finish anytime quickly, even when they’re acquitted within the fees filed on Wednesday.
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