Friday, July 11, 2008

Rangel wrangled himself 4 cheap apartments

While aggressive evictions are making rent-stabilized apartments increasingly scarce in New York, Representative Charles B. Rangel is enjoying four of them, including three adjacent apartments in a sprawling penthouse overlooking Upper Manhattan, courtesy of one of New York’s premier real estate developers.

N.Y. Congressman Rents Apartments at Bargain Rates

Mr. Rangel, the powerful Democrat who is chairman of the House Ways and Means Committee, uses his fourth apartment, six floors below, as a campaign office, despite state and city regulations that require rent-stabilized apartments to be used as a primary residence.

Mr. Rangel, who has a net worth of $566,000 to $1.2 million, according to Congressional disclosure records, paid a total rent of $3,894 monthly in 2007 for the four apartments at Lenox Terrace, a 1,700-unit, six-tower luxury development with doormen that is described in real estate publications as Harlem’s most prestigious address.

The current market-rate rent for similar apartments in the building would total $7,465 to $8,125 a month, according to the Web site of the owner, the Olnick Organization.

3 comments:

Anonymous said...

F--king, carpetbagging, phony ass jive turkey!

The "Emperor Jones" in the flesh!

Taxpayer said...

Would someone please explain to me why any elected official needs to obey any laws at all?

Once they're are elected, they are now safely above the law. Once we elect these people and give them the keys to the treasury, they are automatically smarter, better, and better-looking, than we mere taxpayers.

If the rent stabilization laws really were at all important, Commissar Death and Taxes would have confronted Rangel and forced him to conform.

So, either explain your whining or lay off our masters. Kneel, slug!

Anonymous said...

Congressman-for-life Rangel shouldn't worry about his reelection chances, his constituents just keep reelecting him, no questions asked.