Rezko attorney ‘owns’ Obama mansion
Lawyer at firm where Democrat worked receives tax bill
By Jerome R. Corsi
————————————————————————————Posted: December 25, 2008
FROM:
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=84101
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An attorney for convicted fundraiser Tony Rezko is listed as the owner and taxpayer for Barack Obama’s Chicago mansion, according to records obtained by WND.
William Miceli is a lawyer at the Chicago law firm Miner, Barnhill & Galland, which also formerly employed Obama.
The controversy began when a website called News and Commentary for Thinking People published a 48-page document that lists Miceli as the owner of the Obama home at 5046 S. Greenwood.
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The law firm changed its name when senior partner Allison Davis left to join Rezko in his schemes to take out loans on low-income housing projects. Several of the transactions remain under investigation, because the millions of dollars Rezko borrowed against the properties to make redevelopments are gone, while many of the properties remain boarded up and uninhabitable.
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Records at the Cook County Recorder of Deeds list Rita Rezko as the holder of the warranty deed for the vacant lot at 5050 S. Greenwood adjoining the Obama mansion, under the PIN number 20-11-115-036-0000.
WND was able to locate warranty information at the Cook County Recorder of Deeds , which Herman at the County Assessor’s office told WND was the “old PIN number” assigned to the Obama home at 5046 S. Greenwood Avenue, before the home was sold to Obama.
Neither spokesman could explain to WND the discrepancy in PIN numbers, nor why the Cook County Recorder of Deeds has no information filed under the new PIN number assigned to the property after the Obama purchase.
Rezmar deals involving Davis Miner law firm
From:
http://www.suntimes.com/news/metro/353777,CST-NWS-rezside23.article
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Seven buildings on East 62nd Street in Woodlawn. Rezmar and WPIC closed on this deal in 1996. Rezmar gave up its financial interest in the property and stopped managing the buildings a year ago, amid financial problems and code violations.
• Two buildings, 4001 S. Ellis and 811 E. 46th St. Rezmar and WPIC’s sister agency, the Fund for Community Redevelopment and Revitalization, closed on the deal in 1997, while Obama was a state senator. Rezmar stopped managing the buildings about a year ago, with many of the apartments in need of repair.
• Two buildings — 5630 S. Michigan and 6446 S. Kenwood. Rezmar and the Fund closed on this deal in 1998. The city approved a $3.8 million loan for this project while Rezmar was facing foreclosure on another building funded by the city. Rezmar gave up management of the buildings about a year ago.
That was Rezmar’s last low-income housing deal before the company shifted to building condos and town houses in the South Loop and other booming neighborhoods.
Among the investors in that last Rezmar deal was Davis Miner name partner Allison Davis, who had left his law firm to become a developer of low-income housing. Besides leaving his law firm, Davis also resigned from the board of directors that ran the Fund for Community Redevelopment and Revitalization.
Davis’ development company, American Housing Partners, was to invest $250,000 in Rezmar’s last low-income housing deal, state records show. But state officials say that, in the end, American Housing didn’t participate in the deal.
Tim Novak