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Thursday, 03/28/2024 5:10:21 AM

Thursday, March 28, 2024 5:10:21 AM

Post# of 195676
The Post reported that Stewart's 2014 sale of his Tribeca duplex was not all as above-board as the TV host may have contended.

Stewart sold his 6,280-square-foot apartment to financier Parag Pande for $17.5 million. But at the time, the asking price of the property was not made public.

However, according to 2013-2014 assessor's report, the property was only assessed at a market value of only $1.882 million. And the assessor's value came in even lower at $847,174.

The overvaluation added up to a whopping 829 percent, according to the Post.

With all that, it was noted that Stewart paid far less in taxes on a property assessed at a mere $847,174, than he would on a property "worth" $17.5 million.

But even more to the point, Pande resold the property for only around $13 million in 2021, a 26 percent loss.

Stewart's financial windfall caused many to wonder if the TV star committed the same "fraud" that he claimed that Trump committed.

Did @jonstewart commit fraud when he sold his penthouse for $17.5M?

NY listed its market value at $1.8M an AV at around 800k

Who did he He defraud??

I am SHOCKED

SHOCKED pic.twitter.com/9okis96VQP

— Tim Pool (@Timcast) March 26, 2024

The Post added that the tax bill for Stewart's penthouse was assessed in the same way that Trump's was, the same formula that New York Attorney General Letitia James used to claim Trump committed fraud.

"Stewart’s reps did not respond to The Post’s request for comment," the outlet reported.

https://www.msn.com/en-us/tv/news/lib-host-jon-stewart-overvalued-his-home-by-829-after-saying-trump-civil-case-is-not-victimless/ar-BB1kESkk?ocid=msedgntp&pc=HCTS&cvid=b7e5e957b24d482e905d3e1e5926b7ad&ei=143

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