Originally Posted by NYMafia
Originally Posted by Goldy
Originally Posted by NYMafia
Originally Posted by Goldy
That Shorecrest Hotel that they owned back in the day was a nice place. Both Frank's kids were made guys, one died, the other sold the hotel to some investment/hotel chain group, but you can see photos of the inside and just imagine what kind of a place it was in Sr.'s heyday. Some pretty nice apartments in that 9 story building. Must've been something to own a 150 unit complex like that for 40 years or whatever it was.


That alone made the Balistrieri's multimillionaires (I'm sure)


Oh, no doubt. I read somewhere a while back the hotel was sold for 5 or 7 million. Frank's son was the sole owner of the place after his brother died. I think he lived in the top floor of the Hotel too. The restaurant "Snugs" on the ground floor of the hotel was where Frank conducted business. I was reading some reviews of the apartments and there were some former employees of the restaurant and hotel that were talking about what a great guy and boss Frank was to work for.


$5 or $7 mill? And thats just a single hotel, not even taking about all their other assets, or which I'm sure they had. Balistrieri made big big money during his 3+ decades at the top of the heap. He left his kids in great shape


Well, there are two sides to that coin. Yes, he left them in good shape, but he was also instrumental in bringing them into a life of crime and getting them both sent to prison and disbarred when he could have set them up to live a straight life instead.

Did you see what I did there? About the coin?? I'm here all week folks.