Jon Stewart found to have overvalued his NYC home by 829% after slamming

[volsrock]

Jon Stewart found to have overvalued his NYC home by 829% after slamming Trump’s civil case as ‘not victimless’

In 2014, Stewart sold his 6,280-square-foot Tribeca duplex to financier Parag Pande for $17.5 million. The property’s asking price at that time is not available in listing records.

But according to 2013-2014 assessor records obtained by The Post, the property had the estimated market-value at only $1.882 million. The actual assessor valuation was even lower, at $847,174.

Records also show that Stewart paid significantly lower property taxes, which were calculated based on that assessor valuation price — precisely what he called Trump out for doing in his Monday monologue.

https://nypost.com/2024/03/27/real-estate/jon-stewart-found-to-have-overvalued-his-nyc-home-by-829/

 

[Dutch Uncle]

Jon Stewart found to have overvalued his NYC home by 829% after slamming Trump’s civil case as ‘not victimless’

In 2014, Stewart sold his 6,280-square-foot Tribeca duplex to financier Parag Pande for $17.5 million. The property’s asking price at that time is not available in listing records.

But according to 2013-2014 assessor records obtained by The Post, the property had the estimated market-value at only $1.882 million. The actual assessor valuation was even lower, at $847,174.

Records also show that Stewart paid significantly lower property taxes, which were calculated based on that assessor valuation price — precisely what he called Trump out for doing in his Monday monologue.

https://nypost.com/2024/03/27/real-estate/jon-stewart-found-to-have-overvalued-his-nyc-home-by-829/

Apples to apples please. Did Stewart say the house was worth $17M in order to obtain a bank loan?

 

[Walt]

Jon Stewart found to have overvalued his NYC home by 829% after slamming Trump’s civil case as ‘not victimless’

In 2014, Stewart sold his 6,280-square-foot Tribeca duplex to financier Parag Pande for $17.5 million. The property’s asking price at that time is not available in listing records.

But according to 2013-2014 assessor records obtained by The Post, the property had the estimated market-value at only $1.882 million. The actual assessor valuation was even lower, at $847,174.

Records also show that Stewart paid significantly lower property taxes, which were calculated based on that assessor valuation price — precisely what he called Trump out for doing in his Monday monologue.

https://nypost.com/2024/03/27/real-estate/jon-stewart-found-to-have-overvalued-his-nyc-home-by-829/

The sale price is the value of the home, so Stewart definitely did not overvalue the home. You are accusing him of undervaluing the home.

It is not uncommon for tax values of homes to be lower than market values. This does seem extreme though, not impossible, but extreme.

I did a little more research. The tax assessment can only go up a limited amount each year, so extreme differences between it and the huge market rises are not that unusual.

 

[Walt]

Apples to apples please. Did Stewart say the house was worth $17M in order to obtain a bank loan?

Stewart did not say the house was worth $17 million at all. He said he would sell it for $17 million, and did sell it for $17 million, proving that was the right price.

 

[Dutch Uncle]

Stewart did not say the house was worth $17 million at all. He said he would sell it for $17 million, and did sell it for $17 million, proving that was the right price.

Agreed. Vols is, once again, trying to use whataboutism to defend a criminal and he's wrong in this case.

 

[volsrock]

Trump’s final valuation was determined by the free market.

The borrower (Trump) and the lender agreed to a valuation.

The same principle applies in the Stewart case. The seller and the buyer agreed to a valuation.

Trump didn’t sell. Stewart sold.



Thanks for playing! LOL

 

[NiftyNiblick]

Jon Stewart found to have overvalued his NYC home by 829% after slamming Trump’s civil case as ‘not victimless’

In 2014, Stewart sold his 6,280-square-foot Tribeca duplex to financier Parag Pande for $17.5 million. The property’s asking price at that time is not available in listing records.

But according to 2013-2014 assessor records obtained by The Post, the property had the estimated market-value at only $1.882 million. The actual assessor valuation was even lower, at $847,174.

Records also show that Stewart paid significantly lower property taxes, which were calculated based on that assessor valuation price — precisely what he called Trump out for doing in his Monday monologue.

https://nypost.com/2024/03/27/real-estate/jon-stewart-found-to-have-overvalued-his-nyc-home-by-829/

Is Mr. Stewart running for president?

 

[Grokmaster]

Jon Stewart found to have overvalued his NYC home by 829% after slamming Trump’s civil case as ‘not victimless’

In 2014, Stewart sold his 6,280-square-foot Tribeca duplex to financier Parag Pande for $17.5 million. The property’s asking price at that time is not available in listing records.

But according to 2013-2014 assessor records obtained by The Post, the property had the estimated market-value at only $1.882 million. The actual assessor valuation was even lower, at $847,174.

Records also show that Stewart paid significantly lower property taxes, which were calculated based on that assessor valuation price — precisely what he called Trump out for doing in his Monday monologue.

https://nypost.com/2024/03/27/real-estate/jon-stewart-found-to-have-overvalued-his-nyc-home-by-829/

Off with his head.

 

[Grokmaster]

Is Mr. Stewart running for president?

Irrelevant.

Law applies to everyone. Neither Trump nor Stewart committed a crime, yet Trump is being politically persectued.

 

[NiftyNiblick]

Trump is being politically persecuted.

So? He hasn't been buried yet.
It's that for which I'm waiting,

 

[volsrock]

Is Mr. Stewart running for president?

Thanks for admitting the ONLY reason Trump is being targeted is because he is running for President....thats why its called a Witch Hunt!

 

[SmarterthanYou]

yeah, this isn't an equivalent case. stewart set a price and the buyer agreed. obviously, it was worth that much to the buyer.

 

[volsrock]

yeah, this isn't an equivalent case. stewart set a price and the buyer agreed. obviously, it was worth that much to the buyer.

Trump set a price and the lender agreed!. .obviously, it was worth that much to the lender!

Thanks for playing

 

[Walt]

Trump set a price and the lender agreed!. .obviously, it was worth that much to the lender!

Thanks for playing

If you can prove that Stewart lied to the buyer, you will have a good case... But we all know that Stewart did not.

 

[zymurgy]

Is Mr. Stewart running for president?

the shit stains again prove they only care about power, not principle

 

[volsrock]

If you can prove that Stewart lied to the buyer, you will have a good case... But we all know that Stewart did not.

So if I tell u my 50.00 Chromebook is priced at 3500.00 and u agree to buy it my stated price is not a lie on its value?


Trump stated a value(price) and the lender agreed to it....when lenders lend money on a house/land they are really agreeing to buy it..They own it till u pay it back

 

[Poor Richard Saunders]

Trump’s final valuation was determined by the free market.

The borrower (Trump) and the lender agreed to a valuation.

The same principle applies in the Stewart case. The seller and the buyer agreed to a valuation.

Trump didn’t sell. Stewart sold.



Thanks for playing! LOL

Do you really want to play that game? Because you will lose "bigly."
Trump did not sell Mar-a-Lago for $1.5 billion.
Trump and a lender never agreed that Mar-a-Lago was worth $1.5 billion.
No one has offered to buy Mar-a-Lago for $1.5 billion.

Stewart never argued that the valuation used for his tax assessment was too high.
Trump did argue that a tax assessment of property value of less than $25 million was too high for a property he valued at $1.5 billion.

Thanks for losing.

 

[PostmodernProphet]

Quote Originally Posted by NiftyNiblick View Post
Is Mr. Stewart running for president?

Irrelevant.

Law applies to everyone. Neither Trump nor Stewart committed a crime, yet Trump is being politically persectued.

obviously it is relevant.....we all know Trump would never have been taken to court if he wasn't running for president......that's the only "crime" he's ever been guilty of.......

 

[Walt]

So if I tell u my 50.00 Chromebook is priced at 3500.00 and u agree to buy it my stated price is not a lie on its value?

If you claim your 1 megabyte computer has 1 gigabyte, you are committing fraud.

 

[Poor Richard Saunders]

So if I tell u my 50.00 Chromebook is priced at 3500.00 and u agree to buy it my stated price is not a lie on its value?


Trump stated a value and the lender agreed to it

In the case of Stewart, it looks like the buyer paid more than the asking price. If you claim your Chromebook is priced at $3500 and no one buys it then clearly you have not valued it correctly. It isn't a crime until you file documents under penalty of perjury claiming you have assets worth $3500 and list the Chromebook as that asset when clearly the market for your Chromebook is $50.

No lender agreed to Trump's valuation and gave him a loan based on Trump's valuation. Trump lied about the valuation on documents he signed where he declared he was being truthful.
It is almost the same crime that Bernie Madoff was convicted of when he was convicted of one count of falsifying documents.