Alina Habba Demands Jon Stewart Be Investigated: 'Makes Me So Angry'

Donald Trump's lawyer has slammed Jon Stewart not facing charges for selling his home for more than its assessed value when compared to her client's legal woes.

The comedian spoke about former President Trump's fraud case on a recent episode of Comedy Central's The Daily Show.

A New York City court ordered Trump and his companiesto pay $454 million after finding he and his associates had inflated the value of his assets, including some properties, for business purposes and to secure loans. Trump is appealing the verdict.

Following his monologue on the show, the New York Post reported that Stewart had sold his Tribeca penthouse in 2014 for $17.5 million, even though an assessor had valued it at $847,174.

Tax rates in New York are applied to the estimated value of a property, so the penthouse was judged to be worth $1.88 million. Stewart did not do anything legally wrong and he said it was not comparable to Trump's fraud.

jon stewart and alina habba composit
Composite image of Jon Stewart (left) and Alina Habba. Trump's lawyer has decried Jon Stewart selling his New York City property for more than the assessed price. Joe Raedle/Gettty Images, GWR/Star Max/GC Images

Now Trump's lawyer, Alina Habba, has weighed in on the issue.

"I don't even know where to start with it," Habba said on Thursday's episode of the PBD Podcast.

She defended Trump first by alleging "his properties were undervalued," which were prepared by a major accounting firm which was the correct "due diligence."

Habba then argued that the reason Trump even applied for loans "he actually didn't need" was because "it's better to have a mortgage," and "it's how you make money."

She also mimicked U.S. Attorney General Letitia James, who had prosecuted Trump on the fraud charges, and her much repeated refrain that "nobody is above the law," and called on her to prosecute Stewart over the sale of his apartment.

"Why don't they use the same consumer statute against him like they used against Trump?" Habba questioned.

Newsweek has contacted Stewart and Trump's representatives by email for comment.

Stewart said he did not do anything wrong and took to X, formerly Twitter, to shut down the suggestion that he had.

"OMG!! I've been caught doing something not remotely similar to Trump!" the comedian posted on Wednesday. "I guess all I need to do now is start a fraud college, steal classified docs, bankrupt casinos, pay hush money, grab p******, discriminate in housing, cheat at golf and foment insurrection and you'll revere me!"

Stewart was referring to some of the crimes Trump has been charged with in his state and federal cases. The former president has denied any wrongdoing and claimed the cases are politically motivated and a "witch hunt."

Experts told Newsweek the examples between the two men were not the same at all, including Will Thomas, an assistant professor of business law at the University of Michigan.

"The analogy here between Mr. Stewart's property sale and the Trump Organization's business model falls somewhere between non sequitur and nonsensical," he said.

"Discrepancies between tax-assessment value and market value doesn't figure into the analysis of wrongdoing, except insofar as it informs the calculation of the disgorgement penalty."

Norm Miller, a real-estate economist and emeritus professor at the University of San Diego, explained to Newsweek that in Stewart's case, the assessed value of his apartment was "being taken as an indication of market value, which it should not."

Miller added Trump was accused of inaccurately valuing his assets for business purposes.

"He provided misleading values on the upside for financing and on the downside for property tax purposes," he said.

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Shannon Power is a Greek-Australian reporter, but now calls London home. They have worked as across three continents in print, ... Read more

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