Adrian Zuckerman of Seyfarth Shaw. Courtesy photo.Seyfarth Partner Tapped for Ambassador Post Reports $723K Partnership Income
Adrian Zuckerman, President Donald Trump's nominee to serve as U.S. ambassador to Romania, cited prominent New York real estate clients among his top sources of income.
August 16, 2018 at 07:18 PM
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Adrian Zuckerman, a New York-based Seyfarth Shaw equity partner who is President Donald Trump's pick to be the next U.S. ambassador to Romania, reported earning $723,254 in a partnership share at the firm.
The amount would include pay from 2017 and part of this year. (Seyfarth Shaw's average profits per equity partner last year was $991,000, according to The American Lawyer.)
The figure was included in Zuckerman's government ethics disclosure, which also listed a law firm capital account valued between $100,001 to $250,000 and a loan between $50,000 to $100,000 to finance a capital account.
According to the White House announcement of his nomination, Zuckerman, who previously practiced at Epstein Becker & Green and Lowenstein Sandler, immigrated to the United States from Romania at the age of 10 and is fluent in Romanian.
Zuckerman's disclosure cites some prominent real estate clients of the firm as his top sources of income, including HAP Investments, developer of residential and commercial properties; Samson Management, which develops and manages residential and commercial properties; and Juster Development Co., a real estate investment company. Zuckerman is also an arbitrator of the Real Estate Board of New York.
Other top sources of income for Zuckerman include firm clients CohnReznick, an accounting firm, and Chopt Creative Salad Co., a chain of restaurants.
While Federal Election Commission records show Zuckerman donated to Trump's re-election campaign in January 2018, he has also contributed to some committees for Democrats in prior elections, including Hillary Clinton. He contributed to a committee supporting Rudy Giuliani's presidential campaign for the 2008 election.
In a letter to U.S. State Department ethics officials, Zuckerman said after his withdrawal from Seyfarth Shaw he would receive a return of his capital account and his final pro rata partnership share distribution. He said he would also resign from his positions with the New York Law School Alumni Board and the Real Estate Board of New York.
Zuckerman declined to comment on the disclosures Thursday.
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