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How much should comedian Jon Stewart have to pay to keep from losing everything?

Boltlady

Mayor
Trump Critic Jon Stewart Overvalued His NYC Home by 829 Perce


"Comedian Jon Stewart was swiftly called out on his criticism of former President Donald Trump's real estate practices this week when online sleuths discovered he is guilty of the same tactics, as first reported by the New York Post.
On Monday night, "The Daily Show" host played a clip and took issue with "Shark Tank" star Kevin O’Leary noting that the crimes Trump has been accused of have "never been prosecuted." O’Leary went on to say that falsifying business records in the second degree, issuing false financial statements, insurance fraud, and conspiracy are "done by every real estate developer everywhere on earth in every city."
In response, Stewart quipped "How is he not mad about overvaluations in the real world? Because they are not victimless crimes."


( Do as I say not as I do.)
 
Trump Critic Jon Stewart Overvalued His NYC Home by 829 Perce


"Comedian Jon Stewart was swiftly called out on his criticism of former President Donald Trump's real estate practices this week when online sleuths discovered he is guilty of the same tactics, as first reported by the New York Post.
On Monday night, "The Daily Show" host played a clip and took issue with "Shark Tank" star Kevin O’Leary noting that the crimes Trump has been accused of have "never been prosecuted." O’Leary went on to say that falsifying business records in the second degree, issuing false financial statements, insurance fraud, and conspiracy are "done by every real estate developer everywhere on earth in every city."
In response, Stewart quipped "How is he not mad about overvaluations in the real world? Because they are not victimless crimes."


( Do as I say not as I do.)
upvoted. i was hoping someone would post this.

the hypocrisy of politicians and entertainers is a target rich environment.

for extra credit, why not post how much in subsidies the city of new york gives the show to keep it from moving someplace else? I read a few years ago it was "millions", on the rationale that there would be job losses if it left.
 

Boltlady

Mayor
upvoted. i was hoping someone would post this.

the hypocrisy of politicians and entertainers is a target rich environment.

for extra credit, why not post how much in subsidies the city of new york gives the show to keep it from moving someplace else? I read a few years ago it was "millions", on the rationale that there would be job losses if it left.
This is yet another example of how intertwined corruption is. We the people really have no good idea of what is really true, truth being hidden from us or just blatant lies all along.
 

Zam-Zam

Senator
Trump Critic Jon Stewart Overvalued His NYC Home by 829 Perce


"Comedian Jon Stewart was swiftly called out on his criticism of former President Donald Trump's real estate practices this week when online sleuths discovered he is guilty of the same tactics, as first reported by the New York Post.
On Monday night, "The Daily Show" host played a clip and took issue with "Shark Tank" star Kevin O’Leary noting that the crimes Trump has been accused of have "never been prosecuted." O’Leary went on to say that falsifying business records in the second degree, issuing false financial statements, insurance fraud, and conspiracy are "done by every real estate developer everywhere on earth in every city."
In response, Stewart quipped "How is he not mad about overvaluations in the real world? Because they are not victimless crimes."


( Do as I say not as I do.)
I imagine if Stewart were running for President, the opposition party might use this against him. He isn't, so no one is.

IOW, politics.
 

middleview

President
Supporting Member
Trump Critic Jon Stewart Overvalued His NYC Home by 829 Perce


"Comedian Jon Stewart was swiftly called out on his criticism of former President Donald Trump's real estate practices this week when online sleuths discovered he is guilty of the same tactics, as first reported by the New York Post.
On Monday night, "The Daily Show" host played a clip and took issue with "Shark Tank" star Kevin O’Leary noting that the crimes Trump has been accused of have "never been prosecuted." O’Leary went on to say that falsifying business records in the second degree, issuing false financial statements, insurance fraud, and conspiracy are "done by every real estate developer everywhere on earth in every city."
In response, Stewart quipped "How is he not mad about overvaluations in the real world? Because they are not victimless crimes."


( Do as I say not as I do.)
Tax assessors do not value a home at 100% of the potential sale price. Trump added 9 floors to Trump Tower and tripled the size of his apartment....he lied. When have you heard of a homeowner setting the tax valuation of his home? Trump's numbers were what he used to obtain financing.

In 2014, Stewart sold his Tribeca duplex to financier Parag Pande for $17.5 million. Yet according to real estate records obtained by The New York Post, the 2013-2014 market value was $1.882 million and had an assessor valuation of $847,174. Records also showed that Stewart had paid far lower property taxes, which had been calculated based on the assessor valuation.
 

Boltlady

Mayor
Tax assessors do not value a home at 100% of the potential sale price. Trump added 9 floors to Trump Tower and tripled the size of his apartment....he lied. When have you heard of a homeowner setting the tax valuation of his home? Trump's numbers were what he used to obtain financing.

In 2014, Stewart sold his Tribeca duplex to financier Parag Pande for $17.5 million. Yet according to real estate records obtained by The New York Post, the 2013-2014 market value was $1.882 million and had an assessor valuation of $847,174. Records also showed that Stewart had paid far lower property taxes, which had been calculated based on the assessor valuation.
Most homeowners are aware that the tax assessment is usually lower than the value.

The paragraph that you bolded actually illustrates the point of the TP. That adds to the
question of the title. That's unusual for you.
 

middleview

President
Supporting Member
Most homeowners are aware that the tax assessment is usually lower than the value.

The paragraph that you bolded actually illustrates the point of the TP. That adds to the
question of the title. That's unusual for you.
Selling a home to someone for an agreed upon price is not fraud unless the seller lied about the property. Your thinking that what I posted agrees with your post is wishful thinking.

The NYPost claims they obtained "real estate records"....from where? If they actually obtained the record of a sale in which an apartment identical to Stewart's which was sold for much less then all it demonstrates is that the buyer should have done a better job of researching properties....and not fraud.

Can you really claim a serious court case could be brought by someone who paid too much for a property if there was no attempt to put false information in the documentation? I sold a home in 2022 for about $40k less that what it is worth today...can I sue for the difference?
 

middleview

President
Supporting Member
How many times did they go after Trump before he got into politics?
Really? So you don't know about Trump University? How about the lawsuit against Trump Inc for discrimination in renting property to non-white renters?

From the 1970s until he was elected president in 2016, Donald Trump and his businesses were involved in over 4,000 legal cases in U.S. federal and state courts, including battles with casino patrons, million-dollar real estate lawsuits, personal defamation lawsuits, and over 100 business tax disputes. He has also been accused of sexual harassment and sexual assault, with one accusation resulting in Trump being held civilly liable.

Personal and business legal affairs of Donald Trump - Wikipedia
 

TBLee

Governor
Trump Critic Jon Stewart Overvalued His NYC Home by 829 Perce


"Comedian Jon Stewart was swiftly called out on his criticism of former President Donald Trump's real estate practices this week when online sleuths discovered he is guilty of the same tactics, as first reported by the New York Post.
On Monday night, "The Daily Show" host played a clip and took issue with "Shark Tank" star Kevin O’Leary noting that the crimes Trump has been accused of have "never been prosecuted." O’Leary went on to say that falsifying business records in the second degree, issuing false financial statements, insurance fraud, and conspiracy are "done by every real estate developer everywhere on earth in every city."
In response, Stewart quipped "How is he not mad about overvaluations in the real world? Because they are not victimless crimes."


( Do as I say not as I do.)
Tsk tsk tsk. Let’s see if Jon addresses this. ;)
 

Boltlady

Mayor
Selling a home to someone for an agreed upon price is not fraud unless the seller lied about the property. Your thinking that what I posted agrees with your post is wishful thinking.

The NYPost claims they obtained "real estate records"....from where? If they actually obtained the record of a sale in which an apartment identical to Stewart's which was sold for much less then all it demonstrates is that the buyer should have done a better job of researching properties....and not fraud.

Can you really claim a serious court case could be brought by someone who paid too much for a property if there was no attempt to put false information in the documentation? I sold a home in 2022 for about $40k less that what it is worth today...can I sue for the difference?
In least in Virginia one can go to the courthouse where a room of books of all real estate transactions are available for research by anybody.

As for the buyer of the aforementioned property, did he pay cash? if his purchase was financed, some information would have been required by the finance source. What would that entity have been told about the value of that collateral? D'ya s'pose the truth might have gotten stretched a tad???
 

middleview

President
Supporting Member
In least in Virginia one can go to the courthouse where a room of books of all real estate transactions are available for research by anybody.

As for the buyer of the aforementioned property, did he pay cash? if his purchase was financed, some information would have been required by the finance source. What would that entity have been told about the value of that collateral? D'ya s'pose the truth might have gotten stretched a tad???
The NYPost certainly did stretch the truth.

In my own experience, I wanted to finance a home that the bank turned down because they said the property was not worth the asking price by a lot...and that meant if they were to take possession for non-payment, they could not recover the loan.

I had a boss that refinanced at least once a year based on a company here that would do 125% mortgages (Aurora Loan Services...part of Lehman)....It turned out he was paying for a bump in assessed value by the person sent out by ALS to evaluate the property. He was simply living on the equity that falsely gave him. He got caught when the company we worked for transferred him to New Jersey and since he couldn't sell the house at that evaluation (what he owed to ALS)....they bought it. When they couldn't sell it they found the house was easily $75k to $100k overvalued. He was a VP and they made his life hell, but did not try to sue him or press charges. Eventually he quit, no severance and no benefits to help him return to Colorado.

Again...you have no evidence showing Stewart's property was overvalued or that a fraud was committed based on the purchase price.
 

Boltlady

Mayor
The NYPost certainly did stretch the truth.

In my own experience, I wanted to finance a home that the bank turned down because they said the property was not worth the asking price by a lot...and that meant if they were to take possession for non-payment, they could not recover the loan.

I had a boss that refinanced at least once a year based on a company here that would do 125% mortgages (Aurora Loan Services...part of Lehman)....It turned out he was paying for a bump in assessed value by the person sent out by ALS to evaluate the property. He was simply living on the equity that falsely gave him. He got caught when the company we worked for transferred him to New Jersey and since he couldn't sell the house at that evaluation (what he owed to ALS)....they bought it. When they couldn't sell it they found the house was easily $75k to $100k overvalued. He was a VP and they made his life hell, but did not try to sue him or press charges. Eventually he quit, no severance and no benefits to help him return to Colorado.

Again...you have no evidence showing Stewart's property was overvalued or that a fraud was committed based on the purchase price.
Well almost $16 million is a lot more than $75k - $100k. That's a lot more serious overvaluation. If Trump is guilty of a crime shouldn't Jon Stewart be also?
 

middleview

President
Supporting Member
Well almost $16 million is a lot more than $75k - $100k. That's a lot more serious overvaluation. If Trump is guilty of a crime shouldn't Jon Stewart be also?
Not the same thing at all. Pretty silly comparison. Did Stewart lie about the sq ft in his apartment? Trump did. Trump also added nine stories to the Trump Tower. That was the fraud.

What lie did Stewart include in selling his property?
 

Boltlady

Mayor
Not the same thing at all. Pretty silly comparison. Did Stewart lie about the sq ft in his apartment? Trump did. Trump also added nine stories to the Trump Tower. That was the fraud.

What lie did Stewart include in selling his property?
It's quite possible that a $16 million story might contain a few untruths. LOL
 

middleview

President
Supporting Member
Well almost $16 million is a lot more than $75k - $100k. That's a lot more serious overvaluation. If Trump is guilty of a crime shouldn't Jon Stewart be also?
By the way...Stewart bought the place as a completely unfinished penthouse loft in 2005 and sold it in 2014. He paid for it to be designed by an architect....it is 6,000 sq ft and is currently back on the market for $20 million.

I found properties in Tribeca for over $4 million and one was 2,000 sq ft. Another is $6 million for 3,419 sq ft.

Bing Real Estate - Home sales and rental listings
 

middleview

President
Supporting Member
I'm sure it will be his next shoooooooooooooooooooooooooooooooooooo

remember, it's different for hypocrites
according to real estate records obtained by The New York Post, the 2013-2014 market value was $1.882 million

6,000 sq ft in Tribeca? I found a 4,000 sq ft place for $6 million and the Stewart Penthouse apt is on the market now for $20 million.

Trump claimed his apartment was 30,000 sq ft...it was really 11,000 sq ft. He valued it at $327 million.
 
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