Friday, July 2, 2021

Our landlord in the news

https://www.businessinsider.com/jennifer-weisselberg-trump-org-cfo-worried-about-prosecutors-2018-2021-6

EXCERPTS:

Trump Organization Chief Financial Officer Allen Weisselberg took measures as far back as 2018 to keep his financial documents from prosecutors examining the company's practices, his former daughter-in-law said.

In a series of interviews with Insider, Jennifer Weisselberg described in detail how the Trump Organization's chief financial officer, who CNN reported was a target in the Manhattan District Attorney's investigation into the company, made an unusual housing arrangement for her as she divorced his son Barry. The arrangement allowed Allen Weisselberg to act as a guarantor on an Upper West Side apartment without showing any proof of income, she said.

Complications from that arrangement arose in recent weeks, as court records show her landlord is trying to evict her — a measure she alleges is retaliation for her cooperation with prosecutors.

Allen Weisselberg's arrangement has allowed her to live in an apartment building managed by one of his friends in the real-estate business, she said. The friend, Laurence Gluck, permitted her to live in the unit without requiring her or Allen Weisselberg to show any proof of income, she said.

Rental agreements typically require tenants and guarantors to show pay stubs or tax forms demonstrating income of at least 40 times the monthly rent amount. Jennifer Weisselberg said the arrangement allowed Allen Weisselberg to avoid showing pay stubs from the Trump Organization.

She also said she preferred to live in a different apartment building but Allen Weisselberg forced her to live in that location because of Gluck's closeness to him and to President Donald Trump.

"I found several other apartments," Jennifer Weisselberg told Insider. "And he said, 'No, you're going to have to move. I called Larry Gluck. And because Donald and Larry and I have a long history of doing real estate together for decades, he's going to allow me to be the guarantor without having to show any actual financial documents.'"

Following the publication of this story, a spokesperson for Gluck's company Stellar Management, said Allen Weisselberg submitted standard financial forms to be a guarantor on the lease.

"Mr. Weisselberg shared all the standard financial forms needed to demonstrate his ability to be a guarantor on the lease in question," the spokesperson said. "Any commentary from the resident about personal conversations with Mr. Gluck or representatives of Stellar Management and the Trump Organization surrounding the lease approval process are completely false."