A land deal between Joe Biden’s brother and a favored lobbyist is raising eyebrows

Scott Green appeared to give James Biden a great deal on a property in the Carribean

National /
Feb.February 02, 2020 12:00 PM
Joe Biden and James Biden (Credit: Getty Images, iStock)

Joe Biden and James Biden (Credit: Getty Images, iStock)

As scrutiny continues over son Hunter Biden’s ties to a Ukrainian natural gas company, some are taking notice of the real estate interests of Joe Biden’s brother James.

It looks like a sweet deal on property in the U.S. Virgin Islands James Biden was made possible by lobbyist Scott Green, who went on to regularly lobby Joe Biden during his time in the Senate, according to Politico.

In 2005, James Biden purchased an acre of land on Water Island for $150,000, quickly secured an easement, and divided it into three roughly equal parcels.

Just a year later he sold one to Green and his wife for $150,000 in what appears to be a nice deal for the Bidens, who retained control of two-thirds of the property. Subsequent tax bills put the assessed value of Green’s parcel at around $38,000 until that number jumped to $83,700 in 2013.

Biden later went to Green for a loan on the property instead of the traditional route, a mortgage loan from a bank. Neither Green nor Biden have developed their parcels, though it’s not clear why.

Green is close to both Bidens. Green and James Biden attended the University of Delaware at the same time and Green later worked for Joe Biden on the Senate Judiciary Committee for a decade.

After leaving the Senate Judiciary Committee, Green founded the lobbying firm Lafayette Group and regularly lobbied Joe Biden as a senator. Biden would propose numerous appropriations for businesses that Green’s firm specialized in.

Many of those contracts extended through the Obama Administration, while Biden was vice president. It’s unclear whether Biden knew that Green and his brother had cut the Virgin Islands deal during his time in government.[Politico] — Dennis Lynch


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
(DOB)
City hit with lawsuit over Black workers’ treatment at Dept. of Buildings
City hit with lawsuit over Black workers’ treatment at Dept. of Buildings
Mustang, Texas is now owned by billionaire Mark Cuban. (J Elmer Turner Realtors, Inc.)
Mark Cuban buys a Mustang (well, a town called Mustang) in Texas
Mark Cuban buys a Mustang (well, a town called Mustang) in Texas
The Georgetown house once owned by Julia Child (Zillow)
Georgetown home where Julia Child lived hits market for $3.5 million
Georgetown home where Julia Child lived hits market for $3.5 million
Austin, Texas (Credit: iStock)
Austin’s mansion market is booming
Austin’s mansion market is booming
Rendering of Inspire Entertainment Resort (Mohegan Gaming & Entertainment)
Mohegan Gaming completes financing for first phase of South Korea project
Mohegan Gaming completes financing for first phase of South Korea project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...