Tornado Alley (PROG)

[hap0206]

Geez -- fake news for sure -- get this as an assertion of fraud

Lenders like to see a rising occupancy level as a sign of what they call “leasing momentum.” Sure enough, the company told a lender that 40 Wall Street had been 58.9% leased on Dec. 31, 2012, and then rose to 95% a few years later. The company told tax officials the building was 81% rented as of Jan. 5, 2013.

So looking at that assertion
"leasing momentum" is a good thing -- 58.9% on 12/31/12 to 95% "a few years later -- good for favorable interest rates

then six days after that date, for the tax authorities asserted the building was rented at 81% -- geez -- they should apply for a tax refund -- up 22% in six days -- obviously a stupid error -- go for the refund