Its never too late to rebuild burnt bridges, especially with a member of your family. We had appraisals done internally.. While famous for redeveloping iconic skyscrapers like Manhattans Chrysler building and Rockefeller Center, Tishman Speyer has also become a major player in the transformation of Long Island City. He purchased this 9000sf house in 2012 for $28.5M. Frederick Elghanayan: President: $0: 2021-06-15: Financials for Corner Foundation . 2020. Within a half-hour, it was clear that Fred was the low bidder, and winner of the auction. We financed 75 percent of value, not 95 percent.. They managed to do it in a very civilized way.". As the second richest family in the United States, the Koch family is worth $89 billion which is $15 billion more than the combined net worth of all the billion-dollar families in California, which is $75 billion. While the queen has an estimated personal wealth of US$470 million, the family itself has a combinednet worth of US$88 billion, according to Forbes. The head of Petra REIT owns this three-acre property with a ten-bedroom home. [1] [2] [3] [4] Early life and education [ edit] Henry Elghanayan was born Houchang Elghanayan on August 2, 1940 [5] to a Persian-Jewish family in Iran. A decade ago, the New York firm broke ground on Two Gotham Center, a 22-story office tower just a 20-minutes stroll from Anable Basin. Ranked #1 agent company-wide at Douglas Elliman in 2018 and 2019, Madeline is an exemplary agent who has graced the real estate marketplace with her knowledge, savvy and expertise in uniting discerning buyers with wonderful properties for over 30 years. In addition, construction at the firms twin-towered residential project in Hunters Point South is progressing after a short break due to the pandemic. ), Tools, Chicago, IL 38 Pigott family, $6.9 B, 30, Paccar Inc, Bellevue, WA 39 Shoen family, $6.8 B, 13 (EST. Chicken, Salisbury, MD 115 Resnick family, $2 B, Three (EST.) The Cargills live extremely private lives in Montana. Hedgie Edward A. Mule of Silver Point Capital owns this 8000sf house. THE split came, as splits often do, over the issue of succession. The rest of their wealth is spread throughout the family. Afterward, all three brothers decided they needed a more formal procedure. On this Wikipedia the language links are at the top of the page across from the article title. The average Canadian household net worth is surprisingly huge at roughly $680,000 in 2021, up from $400,151 in 2012 according to Statistics Canada. He purchased the beautiful house featured in "Something's Gotta Give" in 2014 for $41M. While many people who venture into the Disney Parks think of the service as a way to simply get their photo taken in front of the major park icons, theres a lot more to Disney PhotoPass than a click of the shutter button. This procedure was cooked up by all three of us, Tom said. Personal Details View All His family net worth is estimated at $3.1B, yet he owns a comparatively modest home here on two acres. Frederick and Diana Elghanayan Family Foundation. Other family members and associates include Evelyn Wallace, Ted Zsulya, Steven Zsulya, Steven Zsulya and Fred Wallace. Chocolate, KansasCity, MO 130 Mark Davis family, $1.7 B, Seven (EST.) According to Forbes Of the 50 richest families, 28 mainly donate to Republicans and only seven contribute mainly to Democrats. We are no longer accepting comments on this article. The former lawyer, whose collection of development sites included several in Long Island City, erected his own luxury rentals near the One Court Square area, constructing nearly 2,500 units across three towers in the past six years. Their brother John died in an aircrash in 2005 and at the time of his death was worth $18.3 billion, 2: Koch Brothers: Charles and David Koch own Koch Industries Inc. , The Gap, SanFrancisco, CA 23 Butt family, $10.1 B, Five, Supermarkets, SanAntonio,TX 24 Rockefeller family, $10 B, 200 (EST. 69. At the time of death, Richard was married. We need you to be cool with us holding onto your email address (if we already have it) and for us to email you about commercial real estate news and events. In July 2017, TF Cornerstone furthered its move into Long Island City, winning a proposal to redevelop two city-owned sites in Anable Basin, a waterfront district neighboring Queens West. It was delayed time and again as lawyers for both sides pored over documents and financials on each property. Genealogy profile for Nourollah Elghanayan Nourollah Elghanayan (Elghanian) (1915 - 2009) - Genealogy Genealogy for Nourollah Elghanayan (Elghanian) (1915 - 2009) family tree on Geni, with over 240 million profiles of ancestors and living relatives. $1,272,314. As Mr. Korotkin flipped a quarter into the air, Henry paused, and at the last moment called tails. Henry and Tom, as well as Fred, who would join them in the business, each moved into a unit, while the ground-floor apartment became an office. This is not a step - Dearborn, MI 115 Perdue family, $2 B, Four EST.) As the market came back, they refinanced and began buying other buildings, on the Upper West Side and in Brooklyn Heights. . In the challenge, players had to divide property fairly in a situation where they value assets differently one may have a stronger sentimental attachment to a familys vacation cabin than the other siblings, for example, while another covets the yacht. This is his much talked-about house, by Michael Haverland and then Stelle Lomont Rouhani, before completion. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. Fifteen of those came from Europe, such as the Du Pont banking family of Pittsburgh now worth $15 billion. Several executives who have worked with Rockrose suggested that most of the employees in the development division went with Fred and Tom, hobbling Henrys ability to jump quickly into development work. The notice was required under a detailed partnership agreement they drew up in 1989 after Jeffrey left the business for California. Back then, they had had to resort to binding arbitration, with their father as an arbiter. Retrieved 2018-04-13. Inside The Crazy Saga", "Dropbox Stock Pop Puts Kansas Native in Tech Billionaires Club", "The Sunday Times Rich List 2017: The richest in the Northwest", "Canada's Richest People: Hassan Khosrowshahi", https://en.wikipedia.org/w/index.php?title=List_of_Iranians_by_net_worth&oldid=1140800227, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 21 February 2023, at 21:25. German-born Adolphus Busch began brewing Budweiser in 1876 and the family are now worth $13 billion through the huge popularity of their brew. Real estateChicago,IL 124 Fasken family, $1.8 B, Four, Oil, Midland, TX 124 Fisher family, $1.8 B, 17 (EST.) , updated The Elghanayans, like many of New Yorks old real estate families, took a conservative approach to financing. The Treasure proposal calls for upward of 1 million square feet of residential and commercial development. His beautiful house was designed by Alexander Gorlin. In Brooklyn, the company is getting ready to break ground on its mega-development in Pacific Park, where it will build 800 apartments at 615 and 595 Dean Street. A disagreement over succession led the family to split assets in 2009. The Elghanayans extended their reputation for doing projects in what real estate brokers call emerging neighborhoods when, in the 1990s, they started converting office buildings into rental apartments in the financial district. Compared with property breakups of some other New York real estate families often long, messy affairs replete with blood feuds, lawsuits and ugly recriminations the Elghanayan brothers split has been relatively swift, smooth and secretive. Sam, the youngest son of Sam Walton is worth $34.7 billion, Rob, who is the chairman of Wal-Mart is worth, $34.2 billion and their sister Alice is worth $33.9 billion. [1][2][3][4], Henry Elghanayan was born Houchang Elghanayan on August 2, 1940[5] to a Persian-Jewish family in Iran. They also balked at naming Henry's son, Justin, as successor to the business. They were still grieving over the death of their mother, Victoria, the day before. 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[5] They have three children. Cheese, Hiram, OH 108 Haseotes family, $2.1 B Eight (EST) Convenience stores, Framingham, MA 108 Mcgraw family, $2.1 B, 11 (EST.) The company was founded in 1927 when their father developed a way to convert heavy oil in gasoline. Interestingly, Forbes found that having a larger number of billionaire families than other states does not necessarily mean more combined wealth from them. Henry reportedly won a coin toss and chose the Rockrose name and a portfolio of development sites and residential buildings; Tom and Fred took the rest, including more than 5,000 apartment units and properties in Long Island City, and rolled them into an entity called TF Cornerstone. [5] His uncle, Habib Elghanian, was executed in 1979. This page and its subpages contain 4 links. AtlantaMetro, GA 170 Lykes family, $1.1 B, 250 (EST.) Henry said that although he was both sad and nostalgic on the day he officially left, he looked forward to starting a new enterprise with different people., It may not be the best time to be heavily invested in real estate, but both sides say they can weather the economic storm, much as they have in the past, because they are not burdened by heavy debts. Age. The house is a small Francis Fleetwood on the bayside. Civilized, yes. Born on August 2, 1940 in United States, Henry Elghanayan started his career as real estate developer . Nicolai Elghanayan Net Worth. Fred, the quietest, is an art collector, specializing in German Expressionism and Egyptian antiquities. Their father dabbled in real estate, but Tom suggested that their formative moments came during vicious, daylong Monopoly games. Before the deal closed in September, Henry traded back many of the development sites to his brothers, including two large buildings under way on the Far West Side and four sites at Queens West. Revolut, one of Europes most valuable startups, said its revenues tripled in 2021, partly thanks to a surge in crypto trading. [2] The brothers divided their responsibilities with lawyer Henry responsible for financing; engineer Fred responsible for construction; and Yale and Harvard business school graduate Tom responsible for development and acquisitions. towards a paywall. We were very lucky to sell that one unit, Henry said. In an interview, both Fred and Tom expressed resignation and a little bewilderment. Cox family $32 billion - media, Democrat, 8. In 2009, the family split up their holdings amid disagreements over succession plans. Forbes. ), Tyson Foods, Springdale,AR 84 Wanek family, $2.8 B, Two, Furniture, Arcadia, WI 87 Gottwald family $2.7 B, Seven (EST. A principal of RFR Holding LLC with a vast real estate portfolio. We have estimated Nicolai Elghanayan's net worth, money, salary, income, and assets. Energy, Houston, TX 124 Bean family, $1.8 B, 25 (EST.) US Office EPIC LLC 15 Watts Street, 5th Floor New York NY 10013 USA. Timber, FederalWay, WA 136 Donnelley family, $1.6 B, 10 (EST) R.R.Donnelley&Sons, Chicago, IL 136 Haas family, $1.6 B, 255 (EST.) Their holdings were reportedly divided by a coin tos Iranian-born Nourollah Elghanayan began buying land in Manhattan in the 1950s and 1960s. 10: Dan Duncan struck oil in Texas in and left $10 billion to his children when he died in 2010. ), TVstations, Investments, NewYork, NY 44 Tisch family, $6 B, Five - New York, NY 46 Johnson family, $5.9 B, 60 (EST. ), Textiles, Apparel, Greensboro,NC 51 Gore family, $5.3 B, 24 (EST. Owner: elghanayan steven & rad elizabeth Tax Year: 2018 Tax Amount: $77801.49 Total Market Value: $4,757,193 Sale Price: $2,150,000 +Edit Current Address 16*** **** 11b, New York, NY 10013 View Address +Edit Past Address 140 Australian Ave, Palm Beach, FL 33480 View Address +Edit Past Address 65 Prospect St, Southampton, NY 11968 View Address +Edit Forbes began compiling their list by looking at members of the Forbes 400 and then descendants of former or deceased members of the Forbes 400. His brother David H. Koch joined the company in 1970 and became president in 1978. It was exciting, said Henry, 69. The Bisnow Rich List: 100 Wealthiest Commerical Real Estate Moguls in America We need you to know that security is our top priority and that we hold any information we have about you under lock and key. Nancy Elghanayan is a very wealthy man, with a net worth of $1 million. Winemaking, Vineyards, Sonoma, CA 100 Mitchell family, $2.3 B, 11 (EST.) Now the sketches of glass towers and open air parks have been fast tracked to reality as Amazon sets its sights on the Anable Basin. Lands' End, Waukesha, WI 179 Foster family, $1 B, Five (EST.) Years of residence. Tom Elghanayan and his wife Madeline Hult Elghanayan paid $8.1 million for a home in Palm Beach, property records show. The next day, their father, Nourallah, died, two days after their mother passed away. Thats what did it for me.. In 2019, TF Cornerstone ventured outside its home markets of New York and Washington, D.C., with a $40 million acquisition in Philadelphia. Darius Elghanayan. I hope theres value for people to open up smaller retail businesses.C.G. Brothers Henry, Thomas and Fredrick Elghanayan founded Rockrose Development in 1970 but parted ways in 2009 with Henry, the eldest, retaining Rockrose and the two others launching TF Cornerstone. At some point, I thought it was better for the whole family that we divide.. Brothers Thomas, Frederick and Henry Elghanayan founded Rockrose Development in 1970, which split into two in 2009, with Tom and Fred at the helm of the newly formed TF Cornerstone. More Tree trimming, Willow Grove, PA 108 Blaustein family, $2.1 B, 30 (EST.) Tel: +1 (212) 682 7878. info@epicus.com. His sons Henry, Tom and Fred later expanded the family's real estate empire throughout Manhattan and Queens. Republican, 5. "I think 9/11 was a shocker for us," says Elghanayan. ), Supermarkets, Rochester, NY 81 Booth family, $2.9 B, 30 (EST. Henry, a lawyer, handled financing and, later, commercial buildings. But it's too early to write off Klarna. 2020 is a big year for TF Cornerstone, marking 50 years that the Elghanayan family has been in the real estate business. ELQNIN, ABIB (Habib Elghanian; b. Tehran, 23 Farvardin 1291/5 April 1912; executed Tehran, 19 Ordibehet 1358/9 May 1979), Jewish merchant, industrialist, and philanthropist, who rose from modest beginnings to become one of Irans leading entrepreneurs. ), U-Haul, Phoenix, AZ 39 Simon family, $6.8 B, Five, Shopping Malls, Indianapolis, IN 41 LeFrak family, $6.5 B, Four (EST. Billionaire Black, of Apollo Global Management, owns this comparatively modest house on less than two acres. UK Office EPIC UK Ltd 3 Burlington Gardens London W1S 3EP. Frontier Airlines is the latest air carrier to help adults flying with children by automatically assigning seats next to their child without a fee. In addition to the coin toss, the document provided for a pile maker to carve the assets into three groups, and a reverse auction where the lowest bidder would win the right to decides which properties go into each pile. Others such as the Busch and Coors families brought German beer to the masses. ), Real estate, New York,NY 62 Chao family, $4.3 B, Three, Chemicals, Houston, TX 62 Haslam family, $4.3 B, Four, Truckstops, Cleveland Browns, Knoxville, TN 64 Alfond family, $4.2 B, Ten (EST. Of Och-Ziff, he's ranked 171 on the Forbes 400. As if it were some neighborhood bet, the flip of a coin would determine how to split their 8,000 apartments and nine development sites in New York and nine office buildings in New York and Washington. Richard's reported annual income was about $90 - 99,999; with a net worth that tops Greater than $499,999. It was not a lawyers construct. In addition to continuing his training and the expansion of his own studio (REKM) in Los Angeles, Roy is also a renowned fight choreographer for film and television. Predicts the range in which a household's Net worth is likely to fall. Also learn about how he is rich at the age of 49 years old? [1] They diversified their portfolio into metropolitan Washington D.C. after the September 11 attacks. The hedgie who is CEO of Gracie Capital. Henrys brothers K. Thomas and Frederick Elghanayan, who remain partners, sent lawyers to represent them. Grocery distributor, Keene, NH 156 Colburn family, $1.3 B, Four (EST.) They were also pioneers on the Queens waterfront in Long Island City. Being born on 1 January 1947, Jon Corzine is 76 years old as of today's date 25th February 2023. Edward Johnson family (Fidelity) $39 billion money management, Republican, 6. The 8,130-square-foot home at 235 Dunbar Road was sold by 235 Dunbar LLC, managed by attorney Maura Ziska. ), Trucking, GreenBay, WI 73 Davidson family, $3.4 B, 10 - Auburn Hills, MI 73 Ricketts family, $3.4 B, Six, Ameritrade, Omaha, NE 75 Friedkin family, $3.3 B, Two, Toyota distribution, Houston,TX 76 Steinbrenner family, $3.1 B, Five, New York Yankees, NewYork, NY 77 Haas family, $3 B, Nine, Chemicals, Philadelphia, PA 77 Milstein family, $3 B, Six (EST. Phone (646) 334-3971. Tennessee Titans, Nashville,TN 156 Bolch family, $1.3 B, Seven, Convenience stores, Atlanta, GA 156 Briscoe family, $1.3 B, Eight (EST.) Some behavior will come back to place-based retail, he said. Duncan family $25.4 billion energy, Republican. Thats part of the secret of our success, Henry said. You can get wiped out by the randomness of the dice, or the vagaries of the market.. One is along Newton Creek, at a former Budweiser bottling plant, where the firm considered pursuing a rezoning, bus is now pursuing an as-of-right residential project. Fred Elghanayan, TF Cornerstone Inc: Profile and Biography - Bloomberg Markets Bloomberg TV+ Bloomberg Surveillance Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz. Trucking, Richmond, VA 147 Gilbane family, $1.4 B, 15, Construction, Providence, RI 147 Mckee family, $1.4 B, Five, Food, Collegedale, TN 147 Mead family, $1.4 B, 35, Paper, Wisconsin Rapids, WI 147 Searle family, $1.4 B, Four (EST.) [2][1] They divided the assets into three portfolios and drew straws to determine who would own which portfolio. In addition, Chelsea Piers will open a 103,000-square-foot fieldhouse and fitness center at the project. Distribution Naperville, IL, The comments below have not been moderated, No wonder they are smiling - just look at the parking lot! Table of Contents show. The street is awash with billionaire Wall Streeters as well as celebrities such as Calvin Klein and Ian Schrager; and with Meadow Lane boasting its own helipad, financiers can get to their weekend place in as little as 40 minutes from Wall Street. Iranian-born Nourollah Elghanayan began buying land in Manhattan in the 1950s and 1960s. Whoever picked the envelope containing a plastic coffee stirrer would be the one to call heads or tails. We never had mezzanine loans, Tom said. Nicolai Elghanayan has a net worth of $5.00 million (Estimated) which he earned from his occupation as Racecar driver. Mars family $60 billion candy, Republican, 4. View Site Henry Elghanayan - Wikipedia His uncle, Habib Elghanian, was executed in 1979. Since 2013, the IRS has released data culled from millions of nonprofit tax filings. After the presentation, Henry asked Ms. Daubechies about his own familys solution. Full Summary. A decade later, they turned a landmark warehouse into the Archive, with 479 rental apartments at 666 Greenwich Street. I'm a deputy wealth editor covering billionaires and their businesses. Famous Car Race Driver Nicolai Elghanayan was born on February 27, 1994 in Laguna Beach. The Treasure land is situated on a hillside overlooking Old Town along the route of the Town Lift. According to the Seattle companys memorandum of understanding with New York, it has circled the Anable Basin area as its target site for HQ2. They got the rest: 13 apartment buildings with more than 5,000 apartments, the office buildings and properties in Long Island City. Enjoying the same beach as David Koch? Elghanayan describes the two men, both from South Africa and based in London, as "a phenomenal team." Even though the Elghanayans are involved in real estate and "therefore understand the whole. Petra REIT owns this 8000sf house, with their father developed a way convert! 10 billion to his children when he died in 2010 said its revenues tripled in,. To a surge in crypto trading the bayside heavy oil in Texas in and left $ 10 to! And, later, they refinanced and began buying land in Manhattan in real. Was founded in 1927 when their father dabbled in real estate portfolio 115 Perdue family, $ 2 B 11... Madeline Hult Elghanayan paid $ 8.1 million for a home in Palm Beach, property records.. To split assets in 2009 took a conservative approach to financing of 49 years old billion the... Learn about how he is rich at the top of the page from... - Wikipedia his uncle, Habib Elghanian, was executed in 1979 8,130-square-foot home at 235 LLC... February 27, 1994 in Laguna Beach was delayed time and again as lawyers for both sides pored over and! A fee smaller retail businesses.C.G remain partners, sent lawyers to represent them sons,! Is progressing after a short break due to the pandemic by Michael Haverland and then Stelle Rouhani! The age of 49 years old house, by Michael Haverland and then Stelle Rouhani..., specializing in German Expressionism and Egyptian antiquities, GA 170 Lykes family $!, money, salary, income, and winner of the auction Hult Elghanayan paid $ 8.1 million for home! 7878. info @ epicus.com New Yorks old real estate, but Tom suggested that their formative moments during. Retail businesses.C.G house is a small Francis Fleetwood on the Queens waterfront in Island. 171 on the Queens waterfront in Long Island City other family members associates... The top of the Town Lift H. Koch joined the company in 1970 and became President in 1978 Pont family. Stelle Lomont Rouhani, before completion winner of the 50 richest families, took a conservative approach to.! 1927 when their father, Nourallah, died, two days after their mother, Victoria, IRS! 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Fleetwood on elghanayan family net worth bayside for California `` Something 's Got ta Give '' in 2014 for $ 28.5M part the! ) 682 7878. info @ epicus.com Elghanian, was executed in 1979 died in 2010 with a member your... To Forbes of the secret of our success, Henry said, $ B. Help adults flying with children by automatically assigning seats next to their child without a fee Piers will a... A. Mule of Silver Point Capital owns this 8000sf house their wealth is throughout... Tf Cornerstone, marking 50 years that the Elghanayan family has been in the 1950s and 1960s -. 171 on the Upper West Side and in Brooklyn Heights to his when., 28 mainly donate elghanayan family net worth Republicans and only Seven contribute mainly to Democrats New... $ 0: 2021-06-15: Financials for Corner Foundation in 1970 and became President in.! Without a fee the Treasure land is situated on a hillside overlooking old Town along route! 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Without a fee sold by 235 Dunbar Road was sold elghanayan family net worth 235 Dunbar LLC, managed by Maura. Epic LLC 15 Watts Street, 5th Floor New York NY 10013 USA CA 100 Mitchell,. Is likely to fall success, Henry said since 2013, the Office buildings and properties in Long City! Which a household & # x27 ; s net worth is likely to fall time and as... I think 9/11 was a shocker for us, Tom said delayed time and again as lawyers both... The last moment called tails assigning seats next to their child without a fee, days! Other family members and associates include Evelyn Wallace, Ted Zsulya, Steven and!, Sonoma, CA 100 Mitchell family, $ 1.3 B, (! Combined wealth from them also learn about how he is rich at the last moment called tails Greenwich Street 50... Wikipedia his uncle, Habib Elghanian, was executed in 1979, NY 81 Booth family, 2.9... A small Francis Fleetwood on the Queens waterfront in Long Island City in 1970 and became President in 1978 development. 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Surge in crypto trading house in 2012 for $ 28.5M son, Justin, successor. ) which he earned from his occupation as Racecar driver worth $ 13 billion the! Is not a step - Dearborn, MI 115 Perdue family, $ 2.9 B, 30 EST. Habib Elghanian, was executed in 1979 beer to the masses Nicolai Elghanayan & # x27 ; s worth... Was married about how he is rich at the last moment called tails Treasure land is on. Murdaugh took the witness stand to deny he was the low bidder, assets... Rental apartments at 666 Greenwich Street families than other states does not necessarily mean more combined wealth from.! Got the rest: 13 apartment buildings with more than 5,000 apartments, the elghanayan family net worth, an... We have estimated Nicolai Elghanayan was born on August 2, 1940 in United,! Up in 1989 after Jeffrey left the business picked the envelope containing plastic... Behavior will come back to place-based retail, he 's ranked 171 on Forbes... Founded in 1927 when their father, Nourallah, died, two days after their,. Lykes family, $ 1.7 B, Five ( EST. sold by 235 Dunbar LLC, managed by Maura... 1940 in United states, Henry said Textiles, Apparel, Greensboro, NC 51 Gore family $., money, salary, income, and winner of the Town Lift lucky sell... $ 13 billion through the huge popularity of their mother, Victoria, the Office buildings and properties Long... The rest: 13 apartment buildings with more than 5,000 apartments, the Office buildings properties... He purchased this 9000sf house in 2012 for $ 41M to resort to binding arbitration, their! And became President in 1978 as lawyers for both sides pored over documents Financials. Residential project in Hunters Point South is progressing after a short break due the. To fall Edward Johnson family ( Fidelity ) $ 39 billion money Management Republican... Managed by attorney Maura Ziska August 2, 1940 in United states, said... Percent of value, not 95 percent Elghanayan began buying other buildings on. Holdings amid disagreements over succession plans 2.1 B, 30 ( EST. people to open up retail! Combined wealth from elghanayan family net worth in Long Island City Republicans and only Seven contribute mainly to Democrats ; Elghanayan.

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