WORSE Than What She Prosecuted Trump For
The Society’s financial woes and dysfunction had reached crisis point by 2021, when Cahill tried to sell the building for $52 million (later reduced to $44 million).
He died the following year, and in stepped the New York Attorney General, citing a petition she had received opposing the sale.
She announced that, by state law, any sale of a nonprofit asset had to be approved by her, effectively kyboshing the plan.
“It’s an amazing place,” James gushed to the Irish Voice. “We had to save it, had to save it … One day people can come in there and enjoy it again.”
Which was all very well, but Doyle still was owed $3 million.
The AG appointed an interim Board of Directors and Doyle was persuaded not to try to collect his money or foreclose on the mortgage before July 2023.
But by August 2023, he still hadn’t been repaid, so he initiated foreclosure proceedings — and promptly was blocked by the AG, who claimed the mortgage was invalid because he was a board member.
On Friday, Doyle launched a lawsuit against the Society and requested a subpoena be issued against James requiring her to produce a raft of documents, including anything relating to campaign events hosted at the townhouse or any contributions to her political campaigns from the Society or any of its members or directors.
Doyle’s lawyer, Tim Parlatore, alleges that James’ enthusiastic involvement in the Doyle case may be driven by “connections with the Defendant.”
And he points out the uncanny similarities between his client’s predicament and the notorious case James brought against Donald Trump for supposedly inflating the value of his properties to get a better mortgage, “although her office is now taking a polar opposite position.”
The lawsuit alleges that Doyle was given “fraudulently inflated valuations” of the townhouse, putting its market value at over $80 million. Dr. Cahill and the Society’s current President-General, James Normile, “made representations to [Doyle] that the building had ‘air rights’ and could be built, or rebuilt, higher than its current height.
“In reality, there were no ‘air rights’ and the actual value is closer to $20 million. [The Society] made a gross over-valuation” of the townhouse, which induced Doyle to make the $3 million loan.
“Tish James said, ‘nobody is above the law,’ which should include Tish James, who seems to have actively aided and abetted in the Art of the Steal,” Parlatore told The Post.
“This organization fraudulently inflated the value of their building to induce my client into giving them a mortgage which Tish James is now trying to help these fraudsters avoid having to repay.
“The theory of fraud Tish James accused the Trump Organization of engaging in is identical to the fraud she is aiding and abetting here.”
James has come down on the side of the Society against its lender, Doyle. And yet, in her signature case of People v. Trump, she took the opposite position, holding that “where an organization inflates the value of a property to obtain a loan, that is fraud, even where the lender was aware of the actual value and was paid in full,” Doyle’s lawsuit says.
An Irish society, an unpaid loan and the hypocrisy of Letitia James
The Society’s financial woes and dysfunction had reached crisis point by 2021, when Cahill tried to sell the building for $52 million (later reduced to $44 million).
He died the following year, and in stepped the New York Attorney General, citing a petition she had received opposing the sale.
She announced that, by state law, any sale of a nonprofit asset had to be approved by her, effectively kyboshing the plan.
“It’s an amazing place,” James gushed to the Irish Voice. “We had to save it, had to save it … One day people can come in there and enjoy it again.”
Which was all very well, but Doyle still was owed $3 million.
The AG appointed an interim Board of Directors and Doyle was persuaded not to try to collect his money or foreclose on the mortgage before July 2023.
But by August 2023, he still hadn’t been repaid, so he initiated foreclosure proceedings — and promptly was blocked by the AG, who claimed the mortgage was invalid because he was a board member.
On Friday, Doyle launched a lawsuit against the Society and requested a subpoena be issued against James requiring her to produce a raft of documents, including anything relating to campaign events hosted at the townhouse or any contributions to her political campaigns from the Society or any of its members or directors.
Doyle’s lawyer, Tim Parlatore, alleges that James’ enthusiastic involvement in the Doyle case may be driven by “connections with the Defendant.”
And he points out the uncanny similarities between his client’s predicament and the notorious case James brought against Donald Trump for supposedly inflating the value of his properties to get a better mortgage, “although her office is now taking a polar opposite position.”
The lawsuit alleges that Doyle was given “fraudulently inflated valuations” of the townhouse, putting its market value at over $80 million. Dr. Cahill and the Society’s current President-General, James Normile, “made representations to [Doyle] that the building had ‘air rights’ and could be built, or rebuilt, higher than its current height.
“In reality, there were no ‘air rights’ and the actual value is closer to $20 million. [The Society] made a gross over-valuation” of the townhouse, which induced Doyle to make the $3 million loan.
“Tish James said, ‘nobody is above the law,’ which should include Tish James, who seems to have actively aided and abetted in the Art of the Steal,” Parlatore told The Post.
“This organization fraudulently inflated the value of their building to induce my client into giving them a mortgage which Tish James is now trying to help these fraudsters avoid having to repay.
“The theory of fraud Tish James accused the Trump Organization of engaging in is identical to the fraud she is aiding and abetting here.”
James has come down on the side of the Society against its lender, Doyle. And yet, in her signature case of People v. Trump, she took the opposite position, holding that “where an organization inflates the value of a property to obtain a loan, that is fraud, even where the lender was aware of the actual value and was paid in full,” Doyle’s lawsuit says.
