Jon Stewart Rails Against Trump For Overvaluing Property…But Stewart Overvalued His NYC Home By 829%

If you look at all various lawfare with which former President Donald Trump is being pursued, there's a problem with virtually all of it. With the civil fraud case in New York, for example, you have Trump being pursued by an attorney general for a charge where there was no damage to the alleged "victims" and the banks involved wanted to do business with Trump again. Then, Trump got hammered with a fine for hundreds of millions of dollars in an amount bearing no relation to the damage. On top of that, in order to appeal he would have to pony up an incredible amount of almost half a billion dollars or his properties might be seized. Fortunately, the amount of that bond was reduced. But still, it was the kind of case that was questionable to begin with, much less with such an incredible fine that would likely be overturned on appeal. We saw the left flipping out over the reduction.

Among the people who called out this case was Kevin O'Leary who said it was going to discourage investment in New York cause and saying no one was going to invest in New York when they acted like this. He said what Trump did was common and normal. Kevin O’Leary explains why Letitia James case and Judge Engoron's ruling against Trump is absurd. Kathy Hochul tells real estate developers that they won’t be targeted for valuations like Donald Trump. No one believes Kathy - any New Yorker could be next! https://twitter.com/i/status/1759316858270863675 -- Talk show host Jon Stewart blasted O'Leary's take during his show and ripped Trump for "lying" and overvaluing his property. Jon Stewart was found to have overvalued his NYC home by 829%, here is Jon Stewart accusing Trump of "lying" for same action. "Donald Trump shenanigans cost the city of New York."

But in one of those stories that truly shows karma coming home to roost, now Stewart is being called out for allegedly overvaluing his own property. According to the NY Post: But it didn’t take long for internet sleuths to look into Stewart’s own property history, which shows an overvaluation of his New York City penthouse by a staggering 829%, records confirmed by The Post reveal. 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.

Pande, who purchased the penthouse from Stewart, then resold the property at a nearly 26% loss, according to the Real Deal — at just over $13 million — in 2021. -- Oops. That sort of looks like it exactly proves O'Leary's point. Looks like Stewart just got nailed with some big hypocrisy there. Stewart didn't take it well, he did a flip out on Trump, trying to deflect from his own issues. -- Jon Stewart @jonstewart: “OMG!! I've been caught doing something not remotely similar to Trump! I guess all I need to do now is start a fraud college, steal classified docs, bankrupt casinos, pay hush money, grab pussies, discriminate in housing, cheat at golf and foment insurrection and you'll revere me!” -- Folks let him have it. Letitia James when Jon does the same exact thing as Trunp https://pbs.twimg.com/media/GJtTGfwXAAAWn7e?format=jpg&name=medium -- In truth Stewart did nothing wrong - and neither did Trump. And that’s the point. He picked a really stupid ass fight. And now he’s getting rightfully torched.

RedState: Jon Stewart Nailed for Hypocrisy After Attack on Trump Overvaluing Property, He Doesn't Handle It Well
https://redstate.com/nick-arama/2024/03/27/jon-stewart-overvaluation-n2172008