The World - News from May 4, 1986

Former Philippine President Ferdinand E. Marcos was barred from selling five New York properties estimated to be worth at least $100 million. In a preliminary injunction, U.S. District Judge Pierre N. Leval prohibited Marcos from disposing of three Manhattan office buildings, the Herald Center shopping arcade and an estate on Long Island until the question of ownership is settled. President Corazon Aquino’s government in Manila has charged in a lawsuit that Marcos and his wife, Imelda, bought the real estate with money stolen from the Philippine treasury and used agents to conceal their ownership.