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Demovictory9

(32,449 posts)
Sun Mar 18, 2018, 01:41 PM Mar 2018

Kushner Cos. filed false NYC housing paperwork

NEW YORK (AP) — When the Kushner Cos. bought three apartment buildings in a gentrifying neighborhood of Queens in 2015, most of the tenants were protected by special rules that prevent developers from pushing them out, raising rents and turning a tidy profit.

But that's exactly what the company then run by Jared Kushner did, and with remarkable speed. Two years later, it sold all three buildings for $60 million, nearly 50 percent more than it paid.

Now a clue has emerged as to how President Donald Trump's son-in-law's firm was able to move so fast: The Kushner Cos. routinely filed false paperwork with the city declaring it had zero rent-regulated tenants in dozens of buildings it owned across the city when, in fact, it had hundreds.

https://www.sfgate.com/news/politics/article/Kushner-Cos-false-documents-queens-apartments-rent-12762185.php

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Kushner Cos. filed false NYC housing paperwork (Original Post) Demovictory9 Mar 2018 OP
FILTH Eliot Rosewater Mar 2018 #1
That is not nice. leanforward Mar 2018 #2
No wonder Jared fits in so well with the Trump crime family Angry Dragon Mar 2018 #3

leanforward

(1,076 posts)
2. That is not nice.
Sun Mar 18, 2018, 02:06 PM
Mar 2018

May his life be blessed. Now, I hope he rots in hell. Seems to me this information is recent, 2015, and do you think rumors may have been picked up by the gentle folks conducting his background investigation?

Sounds to me like a local/state prosecutor may be/should be investigating. Based on my gut, he needs to do some jail time, a long time. Forfeit the profit, to the benefit of the tenants.

The type of attitude is similar to the old attitude of the landowners of the south. Same attitude displayed, whether north/south/east/west, greed.

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