We periodically receive newsletters from a wide variety of government reform news sources. These focus on only the major events within their respective areas of expertise. Here is a selection from a recent email newsletter:
From Campaign Legal Center
http://bit.ly/3KIeAp
The New York Times: Rangel Rents Apartments at Bargain Rates
Jul 11, 2008
By: David Kocieniewski
While aggressive evictions are reducing the number of rent-stabilized apartments in New York, Representative Charles B. Rangel is enjoying four of them, including three adjacent units on the 16th floor overlooking Upper Manhattan in a building owned by one of New York's premier real estate developers.
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 luxury development of six towers, with doormen, that is described in real estate publications as Harlem's most prestigious address.
The current market-rate rent for similar apartments in Mr. Rangel's building would total $7,465 to $8,125 a month, according to the Web site of the owner, the Olnick Organization. [...]
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