The New York Observer reports that Helly Nahmad has been living in a Bronx halfway house since November:

Mr. Nahmad, 36, has been released from federal prison five months into the one-year-and-one-day sentence he received for operating an illegal gambling business from his Trump Tower home.

The art dealer, scion of the billionaire Nahmad family of Monaco, has been transferred to a halfway house in the Bronx after being incarcerated at the Federal Correctional Facility in Otisville, N.Y., since June, his lawyer confirmed today.

Breaking (Out): Art Dealer Helly Nahmad Released Early From Prison  (New York Observer)