YaHooka Forums - View Single Post - Charlie Rangel(Rahnhell) rents 4 Harlem apt 1 illegal camp office @ half market value

ProfessorMurder · 07-11-2008, 05:43 AM

NYT: Rangel Gets Sweetheart Deal On Four Harlem Apartments
By John Bresnahan

Jul 10, 2008

(The Politico) Rep. Charlie Rangel (D-N.Y.), chairman of the powerful House
Ways and Means Committee, has a sweetheart deal on four luxury apartments
in Harlem, according to the New York Times. The revelation could raise ethics
problems for the veteran Democratic lawmaker.

"The records showed that the congressman paid $1,329 monthly for his two-
bedroom apartment, which is about half the $2,600 market-rate rent the
development now charges new tenants. For the adjacent one-bedroom, he
also paid $1,329. The one-bedrooms are now rented for $1,865 and up," the
newspaper reported.

"He paid $606 a month for the adjacent studio apartment, while market rents
for studios there are now $1,300. He pays $630 for the 10th-floor office, and
federal election records show that he splits the cost between his
Congressional re-election fund, which has raised more than $3.6 million this
election cycle, and his National Leadership PAC, a committee he controls,
which raised more than $1.6 million."

07-11-2008, 05:43 AM	#1 (permalink)
ProfessorMurder Jackal Ghoul Join Date: Mar 2004 Location: Rio Grande Valley, Texas Posts: 888 Thanks: 10 Thanked 69 Times in 56 Posts	Charlie Rangel(Rahnhell) rents 4 Harlem apt 1 illegal camp office @ half market value NYT: Rangel Gets Sweetheart Deal On Four Harlem Apartments By John Bresnahan Jul 10, 2008 (The Politico) Rep. Charlie Rangel (D-N.Y.), chairman of the powerful House Ways and Means Committee, has a sweetheart deal on four luxury apartments in Harlem, according to the New York Times. The revelation could raise ethics problems for the veteran Democratic lawmaker. "The records showed that the congressman paid $1,329 monthly for his two- bedroom apartment, which is about half the $2,600 market-rate rent the development now charges new tenants. For the adjacent one-bedroom, he also paid $1,329. The one-bedrooms are now rented for $1,865 and up," the newspaper reported. "He paid $606 a month for the adjacent studio apartment, while market rents for studios there are now $1,300. He pays $630 for the 10th-floor office, and federal election records show that he splits the cost between his Congressional re-election fund, which has raised more than $3.6 million this election cycle, and his National Leadership PAC, a committee he controls, which raised more than $1.6 million." __________________ "No contaban con mi astucia!"