Philip Radziwill, a Polish aristocrat with ties to the Kennedys, is backing a marquee skyscraper in Warsaw.
His grandfather Stanislaw Albrecht Radziwill married Caroline Lee Bouvier, Jacqueline Kennedy’s sister.
Radziwills, whose lineage can be traced to the Middle Ages. “Their name resounds very heavily in Polish history,” says Robert Fluder, a lawyer involved in the Mennica deal. “When you have a project with the Radziwills, there can’t be anything bad happen.”
Every troubled real estate deal, like Leo Tolstoy’s observation of every unhappy family, has a singular story. The Radziwills’ ancestral homecoming involves a Polish mogul, a local real estate developer on the make, US diplomats, a secret side deal, a boardroom coup and the police.
In November, MBank told Jarzabek and the Radziwills that they would seize the building unless their loan was repaid.
Bloomberg 10 February 2023
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