We previously wrote about the secret mansion that the BLM Global Network Foundation bought in 2020. You can now find out more about the purchase and it raises a lot more questions.
Additional records from the NY Post indicate that Dyane Pascall purchased it on October 21st, 2020, for $3.1 million. Dyane, a real-estate development professional, worked as a co-founder of BLM at PatrisseCullors, a consulting firm she owned with Janaya Khan.
Two days after the purchase, Perkins Coie, a Democratic law firm in Delaware, formed a limited liability company (LLC) named after the address. Property Records show that no transfer taxes were charged to BLMGNF.
While it is common for companies to use LLCs from now on, the $2.7million price increase over a relatively short time frame raises eyebrows. The property is also not comparable with similar properties in the area.
“An analysis of property assessment records shows the mansion BLMGNF purchased skyrocketed in value, while all other properties saw an average increase of less than five percent,” said Tom Anderson, Director, Government Integrity Project at National Legal and Policy Center.
Anderson said that Anderson raised serious concerns about the purchase price as well as how the transaction was made through cash and an opaque LLC. Following the news of the luxury mansion purchase, Anderson’s Virginia-based watchdog group amended BLMGNF’s complaint to IRS
This figure is 250 percent higher than comparable properties within the region, according to the NY Post. BLMGNF is yet to explain why this difference. Pascall told the Post that he couldn’t remember the price and declined further details.
Patrisse Clalors attacked the coverage of the purchase by claiming the original New York Magazine reporter was biased against her.
“It is unacceptable that a respected newspaper would allow a reporter with a known and very public bias towards me or other Black leaders, to write an article filled with misinformation and innuendo.” She wrote about the piece by Sean Campbell.
Cullors claimed that the house was meant to be safe and that she was always under threat of “white supremacist terror.” Cullors resigned last summer after a series of questions regarding her real-estate purchases.
Campbell must be commended for following the story, NY Magazine running it knowing that they would be attacked from the left. There has not been an official statement.