In the high-stakes world of New York City real estate, the line between assessed and market value can get blurred. In a civil fraud case involving former President Donald Trump, centers around allegations he overvalued NYC property.
“Daily Show” host, John Stewart challenged O’Leary’s assertion that overvaluation was a victimless crime, arguing that it can have real consequences for investors, interest rates and the broader economy.
He further remarked, “Donald Trump’s shenanigans cost the City of New York.”
Stewart has been vocal in his criticism of Trump’s alleged overvaluation of assets. He recently blasted “Shark Tank” star Kevin O’Leary over the Trump case. But then questions about Stewart’s own property dealings surfaced.
In a post on X, podcaster Tim Pool shared a New York Times headline dating back to 2014, which announced, “Jon Stewart Sells TriBeCa Penthouse for $17.5 Million.”
Pool raised a question, “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 defraud?? I am SHOCKED.”
