NY Democrat uses 'low-income' loophole on Manhattan investment property: report

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Westchester Board of Legislators Chairman Vedat Gashi is accused of buying a New York City apartment through an affordable housing program and using it as an investment property.

'The Five' co-hosts weigh in on President Biden shouting during a speech where he challenged anyone to name 'one thing' the US set out to accomplish and failed., is facing scrutiny for allegedly purchasing a New York City apartment through an affordable housing program that he allegedly turned into an investment property.

The board of the co-op can provide written exemptions to the rule, which Gashi said he was granted, but did not provide proof of the exemption, according to the Rockland/Westchester Journal News. Gashi serves as secretary of the co-op’s board, according to the outlet.The apartment is listed as a business venture on Gashi’s financial disclosure statement to the county, the outlet reported. Gashi said he was renting the apartment but did not specify how long he had lived in the building.

"My wife and I worked and saved to purchase this apartment in 2015 to be our family home for us and our children," he said."Our family has grown and we have made our way back to my childhood home in Yorktown, where my wife and kids and I now reside and my kids attend school. We have followedsought explicit written permission for our use of residence in this building from the cooperative, including ensuring that we qualified to purchase.

 

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