4 November 2005
Of course, they'll owe one month's rent
There's an IRS Taxpayer Assistance Office in Harlem at 55 West 125th Street; the building is owned by Cogswell Realty (I always thought they made cogs), which is currently leasing another part of the building to a fellow who might know something about taxes: Bill Clinton.
What gets interesting here is that Cogswell is trying to refinance the building, and under New York law, the terms of tenants' leases must be disclosed to any potential investors. And the Clinton lease reportedly has two non-standard escape clauses: if Mrs Clinton runs for the Senate and loses, or if she runs for President and wins. Well, she's already run for the Senate, and she didn't lose.
A Clinton spokesperson says that the lease was drawn up by the General Services Administration and doesn't have anything unusual in it.Posted at 6:21 AM to Political Science Fiction