Jon Stewart is facing online backlash after the comedian opined on air this week that Donald Trump's civil real estate case for overvaluing his properties was "not victimless" " when it turns out the price of a previous home sale finds Stewart doing the exact same thing, The Post has learned. On Monday night, Stewart, 61, unpacked Trump's $454 million appeal bond, calling out experts framing the former president's New York civil case as not causing direct harm to any individual. "The Daily Show" host rolled a clip of CNN's Laura Coates interviewing "Shark Tank" star Kevin O'Leary, who commented that the ruling didn't "go over well" with the real estate industry that was now fretting over the possibility of becoming the next target.
Quick someone call the tilling to the NY AG's office!
LOL
Conflating 2 completely different things I see.
Jon Stewart situation.
City developed a market value for the property to assess property taxes. Jon Stewart would not have been involved in this process.
Jon Stewart would have the right to contest the assessment should he believe the taxes were too high.
Here is how NY does property tax calculations: www.tax.ny.gov
Jon Stewart is not alleged to have obtained a loan based off this market value nor did Jon Stewart claim the value of the property on any legal document.
------- Situation
------- obtained funding from various lending intuitions with an inflated value thus committing fraud.
------- also inflated the value of land he used for conservation thereby gaining a major tax benefit.
In fact, here are the crimes that ------- committed: ag.ny.gov
So, no there is NOTHING similar between Stewart and -------, not that anyone should be surprised
I am of the view neither did anything wrong. However, IF the NY AG is going after Trump for perceived fraud from "Ill gotten gains," it's literally no different than what Jon Stewart has done and she would need to pursue a case against him as well.
#17 | POSTED BY BLUEWAFFLES
What fraud did Jon Stewart commit?
Feel free to compare them to this: ag.ny.gov
NY Post Promotes Laughably Wrong Claim From Online Troll Accusing Jon Stewart of Fraudulently Overvaluing His Apartment
In no way was this the "exact same thing." It is simply not accurate to say Stewart "overvalued" his property "by a staggering 829%."
What's happening here is [Tim] Pool, Jacob, and other critics attacking Stewart are conflating three different types of real estate values. Whether that's being done through an innocent mistake or a deliberate effort to spread misinformation, we'll leave it to the reader to decide, but they're confusing 1) the actual market value of a property, or what someone would be willing to pay for it, 2) the property's taxable value as assessed by a governmental agency property appraiser, and 3) documentation about a property's value submitted to a lender for the purposes of securing a loan.
Trump got in trouble for committing fraud regarding that third category, the information the Trump Org submitted to lenders to secure loans. Among the misrepresentations, perhaps the most egregious was the "tripling of the size of the Trump Tower Penthouse," which Judge Arthur Engoron noted in his scathing ruling was an undeniable and indefensible falsehood. ...
Current real estate values in the area [Stewart's condo at the time] further drive home the point. Another 6,000 sq. ft. Tribeca penthouse not too far from the one Stewart owned is currently on the market for $24,450,000 (and has some absolutely lovely "chevron wood floors" and "a freestanding soaking tub facing the Empire State Building," among other stunning views of the NYC skyline). Past sales in Stewart's specific building show even the units that were half the size of his (and not on the penthouse level) still selling for millions of dollars.
A 6,000 sq. ft. Manhattan condo being listed for only $800,000 at any point during this past decade seems as likely as getting a visit from Santa Claus, the Tooth Fairy, and Bigfoot all in one afternoon, but this scurrilous attack was never about actual real estate reality; it seems the temptation to hurl the "hypocrite!" label at a Trump critic was too much to resist.
www.mediaite.com
BLUEWAFFLES fell for the bait. Fnkcin' Tim Pool? HAHAHAHA! He too was in commercial real estate before becoming a troll podcaster. I'm just sure of it!!!
Kevin O'Leary got ripped to shreds by Stuart. It was glorious to watch.
www.hollywoodreporter.com
Kevin O'Leary is known as "Canada's Trump."
He's a lying POS, to boot.
Asking him to comment on this is like asking a bank robber to comment on the legality of another bank robbers actions.
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