11 July 08 - 19:52Charlie Rangel home owner

CBS 2 New York



WHile the dems are passing a massive housing bailout their leaders get some nice perks

Rangel: Nothing Wrong With 4 Rent-Stabilized Apts.
Congressman Unfazed By Controversy Over His Below-Market Housing
Reporting

Marcia Kramer NEW YORK (CBS) ― In a city where rent stabilized apartments are increasingly scarce, Congressman Charles Rangel has not one, not two, not three, but four of them in the same, posh Harlem high-rise.

And CBS 2's Political Reporter Marcia Kramer says he's unabashedly unapologetic about it, as he says he's done nothing illegal. Period.

"I know darn well there's nothing wrong," Rangel says of the situation.

Yes, he lives in three of the apartments – a one-bedroom, and a two-bedroom that have been combined, and a studio next door. And yes, it has been written up in a 2003 book which showcases bronze statues and antiques Rangel has picked up in his travels.

But the Democratic congressman says the rents he pays are the ones set by the Rent Guidelines Board every two years.

"I did not negotiate, I did not ask for a lower price," he says. "I'm paying the legal rent now because it's a good deal." No comments No trackbacks

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