Burr Sold D.C. Townhouse to Donor at a Rich Price

[RandySF]

Senate Intelligence Committee Chairman Richard Burr (R-NC) “has come under fire in recent weeks for unloading stock holdings right before the market crashed on fears of coronavirus and for a timely sale of shares in an obscure Dutch fertilizer company,” ProPublica reports.

“Now the North Carolina Republican’s 2017 sale of his Washington, D.C., home to a group led by a donor and powerful lobbyist who had business before Burr’s committee is raising additional ethical questions.”

“Burr sold the small townhouse, in the Capitol Hill neighborhood, for what, by some estimates, was an above market price — $900,000 — to a team led by lobbyist John Green. That is tens of thousands of dollars above some estimates of the property’s value by tax assessors, a real estate website and a local real estate agent. The sale was done off-market, without the home being listed for sale publicly.”


https://politicalwire.com/2020/04/14/burr-sold-d-c-townhouse-to-donor-at-a-rich-price/

[NewJeffCT]

1. Burr needs to resign

and get indicted

[Bernardo de La Paz]

2. tRump did same trick selling a Florida mansion to a Russian oligarch, many millions more than market

[mitch96]

5. Same in Panama.... Barr learned well........ nt

[leftieNanner]

3. I was just going to post about this

A real estate professional valued the townhouse at $850,000. For him to have gotten $50K extra without putting the unit on the open market (no competitive bidding, in other words), is clearly a bribe. Man, this guy is so dirty! They are all "corrupting" out in the open now.

[The Magistrate]

4. High End Real Estate, Sir, Is Largely An Exercise In Money-Laundering

This is a rather petty example, in which a bribe is conveyed to an official. The amount is paltry by compare to what profit the bribe has secured. Indeed, what has always impressed me most about these shit-heels is how cheaply they sell their services. They sell themselves at a rate amounting to a penny per each thousand dollars they secure in profit to their masters.


"Defeat of a hated enemy is something to be for."

[bluestarone]

6. Money runs through their veins

So fucking sad!

[greenjar_01]

7. Dirty as the day is long

Good God.