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May 27, 2011

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Posh new digs for Strauss-Kahn

FROM the outside, it looks like a pretty good gig.

Former International Monetary Fund leader Dominique Strauss-Kahn moved late on Wednesday from a temporary space in a high-rise to a posh, four-bedroom brick town house in a tony Manhattan neighborhood where he will remain under house arrest as he awaits trial on charges he tried to rape a hotel maid.

The stately red brick townhouse in Tribeca rents for a cool US$50,000 a month or, for those looking to settle, is on the market for US$13.9 million.

But, despite the home theater, gym, waterfall showers, Japanese paper walls, fireplace and renovations featuring the "finest materials and craftsmanship," Strauss-Kahn is a prisoner, his every movement monitored electronically, armed guards and cameras watching him around the clock. He will be allowed out for court, doctor's visits and religious services.

Prosecutors must be notified at least six hours before he goes anywhere, and he can't be out between 10pm and 6am. Under his terms of house arrest, he can receive up to four visitors at a time besides family.

Security is being managed by Stroz Friedberg, the same company that handled house arrest for disgraced financier Bernard Madoff. Strauss-Kahn's agreement is expected to cost him about US$200,000 a month.

The one-time French presidential contender was smiling as he got into a gray SUV under tight security on Wednesday evening. The new space is in Tribeca, about a mile away from where he was staying, according to a person familiar with his housing arrangements.

The building, which has five bathrooms, is on a cobblestone street and is close to the courthouse where Strauss-Kahn will attend hearings.

Attorney William Taylor said on Wednesday that his client was "doing fine" under house arrest. "Not much he can do," Taylor said.

Strauss-Kahn is free on US$1 million bail under strict house arrest after prosecutors feared he might flee given his international status and wealth. He spent about a week in jail on Rikers Island.



 

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