No. And calls for prosecution aren’t going to be answered. Stewart did nothing wrong. The hypocrisy is what I find to be the issue. Stewart, days ago, claimed Trump deserved the judgment against him because his value was magnitudes higher than the true value (the assessed value). Stewart knows that is a bullshite statement. Especially since he sold a place at 800 plus percent over its assessed value.

Trump should not have been persecuted in the civil court, and Stewart knows it. But the hypocrisy allows Stewart and the lefties in here to make the distinction between the two transactions. That isn’t the point. The point is that anyone using the assessed value as the reasoning the persecution of Trump was justified is either intentionally dishonest or incredibly ignorant.

Now…if it comes out Stewart didn’t pay cash for that property and applied for a loan with an appraised value over the assessed value….that would be on point.

This post was edited on 3/30/24 at 10:08 am

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Posted by Dday63

Member since Sep 2014

2324 posts

Posted on 3/30/24 at 10:38 am to BBONDS25

quote:
The point is that anyone using the assessed value as the reasoning the persecution of Trump was justified is either intentionally dishonest or incredibly ignorant.

I do not agree with the way the NY law is being used against Trump. In fact, I'm surprised the law is still on the books given its vagueness.

I also don't know anything about New York property taxes.

But the allegation is Trump provided false information to tax officials in order to obtain lower assessments on commercial real estate. This isn't the same as a homeowner just allowing a low assessment value to exist.

One allegation from the suit is he told lenders and insurers that an apartment building was at 95% capacity and told tax assessors it was below 80%. That is clearly fraudulent in some form.

Is that a common real estate practice in New York? Are the insurers and tax assessors supposed to disregard these statements and do their own due diligence?

I don't know.

But none of this relates to anything Stewart did, unless New York also requests information from home owners in assessing residential property values.

Stewart probably knows the law suit is unwarranted, and the damage award is absurd. But Stewart is in the entertainment business. It's his job to make fun of things.

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Posted by ReauxlTide222

St. Petersburg

Member since Nov 2010

83685 posts

Posted on 3/30/24 at 5:05 pm to BBONDS25

quote:
The hypocrisy is what I find to be the issue

SFP also finds the hypocrisy an issue.

Also this is his take on it

This post was edited on 3/30/24 at 5:05 pm

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Posted by Big Scrub TX

Member since Dec 2013

33664 posts

Posted on 3/31/24 at 1:29 pm to BBONDS25

quote:
No. And calls for prosecution aren’t going to be answered. Stewart did nothing wrong. The hypocrisy is what I find to be the issue. Stewart, days ago, claimed Trump deserved the judgment against him because his value was magnitudes higher than the true value (the assessed value). Stewart knows that is a bullshite statement. Especially since he sold a place at 800 plus percent over its assessed value.

Trump should not have been persecuted in the civil court, and Stewart knows it. But the hypocrisy allows Stewart and the lefties in here to make the distinction between the two transactions. That isn’t the point. The point is that anyone using the assessed value as the reasoning the persecution of Trump was justified is either intentionally dishonest or incredibly ignorant.

Now…if it comes out Stewart didn’t pay cash for that property and applied for a loan with an appraised value over the assessed value….that would be on point.

Nice to see you were convinced by reason. Your post nicely summarizes my exact opinion - the one I was trying to convince you of earlier in the week.