Real Estate Mogul Peter Petraskis Wife Got Judge To Tear Up Her Prenup

//Real Estate Mogul Peter Petraskis Wife Got Judge To Tear Up Her Prenup

Real Estate Mogul Peter Petraskis Wife Got Judge To Tear Up Her Prenup

Wealthy real estate mogul Peter Petraskis wife Elizabeth Petraskis got judge to tear up her prenuptial agreement.

prenupElizabeth Petrakis, 39 — sometimes acting as her own lawyer — got a an appellate panel last month to toss the agreement she signed with Peter Petrakis, 41, four days before their lavish 1998 wedding.

The prenuptial agreement stipulated that Peter, who parlayed a string of smoke shops into a $20 million commercial real-estate empire, would keep everything in his name if they split up. Elizabeth Petrakis, who wed millionaire Peter in ’98, stands to get a big divorce payout with the court ruling.
But Elizabeth argued for seven years that Peter coerced her signature, threatening to call off the wedding even though her father had already paid $40,000 for the reception.

“He told me he would rip it up as soon as we had kids,” Elizabeth, who has since had twin sons and a daughter, told The Post at her Old Brookville mansion.

“But he never did. The reason this happened was I was an advocate for myself and I didn’t give up.’’

She called the document “a knife in my heart from Day One.’’

On February 20, a Brooklyn Appellate Court panel unanimously affirmed two Nassau County court decisions, saying Peter “fraudulently induced” Elizabeth to sign the prenup and found Peter’s “credibility to be suspect.”

Peter Petraskis Real Estate Parties- Studio 54 type of open houses.

In 2010 more than 100 real estate agents boogied on the dance floor and sipped wine by the 24-foot onyx bar in the lower-level nightclub. Male dancers standing on illuminated pedestals swiveled their hips. Hanging from the two-story-high ceiling, in a wrought-iron cage adorned with crystals and surrounded by chunky candles, a dancing woman gyrated seductively.

Watching the action from a balcony in the foyer, Mr. Petrakis had removed the living-room floor to create the disco — a permanent installation in the house. It also included a D.J. booth, a fog machine, a 1,200-bottle wine cellar, a dancing pole, a lounge with two powder rooms and, for those who didn’t want to dance, an eight-seat home theater.

“I tried to bring the party to me instead of going to the party,” he said, adding that he frequently had gatherings of 30 to 40, and threw parties with 250 guests, at his “ultimate entertainment pad for a divorced dad.”


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