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Huguette Clark estate appeals ruling on Beth Israel lawsuit

Late Manhattan heiress allegedly victim of "rampant financial exploitation" by hospital execs

Beth Israel Medical Center near Stuyvesant Town (inset: Huguette Clark)
Beth Israel Medical Center near Stuyvesant Town (inset: Huguette Clark)

The estate of late heiress Huguette Clark is appealing a court ruling that let Beth Israel Medical Center escape a $95 million lawsuit that alleged the hospital unscrupulously bilked Clark out of millions of dollars.

A Manhattan judge ruled last month that the statute of limitations had run out on the estate’s claims against Beth Israel, where copper heiress Clark – who had an enviable collection of Manhattan real estate – lived for the last 20 years of her life. Clark, a recluse later in life, died in 2011 at the age of 104.

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But the estate is now appealing that decision, telling Manhattan Surrogate Court that the judge erred on the law, according to the New York Post.

The $95 million lawsuit claimed “rampant financial exploitation” by Beth Israel executives, who allegedly charged Clark hundreds of thousands of dollars a year for unnecessary care. The suit sought the repayment of the heiress’ hospital fees and another $50 million in damages.

The eccentric Clark’s Manhattan real estate portfolio has been sold off for tens of millions in the years since her death. Hedge funder Boaz Weinstein bought a 12th-floor co-op at 907 Fifth Avenue for $25.5 million in 2012, while financier Frederick Iseman closed on an eighth-floor spread in the building for $22.5 million that year. Another of Clark’s units in the building sold for $6.8 million in 2013. [NYP]Rey Mashayekhi

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